Abu Dhabi Airports Free Zone Sees Increase of New Customers by 109% in H1 of 2020

Abu Dhabi Airports Free Zone (ADAFZ), a wholly owned subsidiary of Abu Dhabi Airports, has recorded a 109% increase in the number of companies registering with the free zone authority in the first half of 2020, as compared to the same period in 2019.

ADAFZ has also welcomed two major international companies, SMSA Express and Honeywell, to its portfolio. The recent success is a reflection of ADAFZ’s central role in bolstering the economy of both the emirate and the nation during the COVID-19 outbreak.

ADAFZ has reported in its 2020 bi-annual results, with a 109% increase in the issuing of licenses highlighting that the most significant portion of companies signing agreements with ADAFZ come from the aviation, e-commerce, and healthcare sectors. In addition, ADAFZ also holds a strategic focus on welcoming companies based in both Europe and the Middle East in the ICT, logistics, pharmaceutical, and consultancy management sectors.

Further, ADAFZ has welcomed two new significant multinational customers. Honeywell, the international industrial solutions provider, has established a personal protective equipment manufacturing facility in ADAFZ’s Al Ain International Airport free zone, supporting the UAE healthcare sector with critical medical supplies during the COVID-19 outbreak.

In addition, the leading express transportation and logistics service provider of Saudi Arabia, SMSA Express, has set up a branch within ADAFZ’s Abu Dhabi International Airport free zone, having established a 1,000 square metre warehouse to be used as its first hub within the emirate of Abu Dhabi, with a primary focus on both air and land cargo shipments.