Dubai’s E-Commerce Freezone to Open in November 2020

Dubai Commercity, the first development of its kind to cater to the e-commerce sector, is expected to open in the United Arab Emirates (UAE) by the end of 2020. The AED 3.2 billion project will be a joint venture between the Dubai Airport Freezone Authority (DAFZA) and the property developer Wasl. The free zone project, which will house 12 buildings, includes a business cluster, logistics centre and a social centre is expected to be completed in 2023 with staged openings, wherein the first phase of the project is set to open in November 2020.

As cited by local media reports, the global e-commerce market is fast-growing and is expected to increase by 13% to reach USD 26 billion by 2022. Of this, the Gulf Cooperation Counc...