Dubai IFZA opens office in Germany to attract foreign investment

IFZA, Dubai’s most dynamic free zone community, today announced the opening of its latest office in Germany as part of its global expansion plans.

The move strengthens the strong ties between the UAE and Germany and aims to facilitate the growth of business and investment between the two countries.

IFZAThe new office was recently inaugurated in Frankfurt, Germany, with a special ceremony attended by Khalfan Al Matrooshi, Deputy Head of Mission, UAE Embassy in Berlinwho spoke of the strong commercial and trade relations between Germany and the United Arab Emirates; Jochen Knecht, CEO of IFZA; and several prominent German business figures.

Released as part of IFZAAs part of current international expansion plans, the office will support the interest of German companies seeking to establish business relations with Dubai. Having a physical presence in Germany will allow IFZA to provide on-the-ground support and establish direct connections with entrepreneurs, business leaders, investors and IFZA partners.

Commenting on the office opening, IFZA CEO saying,

“We believe that having a presence in Germany is crucial to building meaningful relationships. Our German office represents the next phase in our growth journey and will allow us to work more closely with key stakeholders in the country. It will also help us use our core business expertise to enhance economic cooperation and boost investment to the UAE.”

In addition to supporting small and medium-sized businesses in Germany looking to establish themselves in Dubai, IFZA will bridge the gap between the two markets by sharing investment intelligence and connecting companies with potential partners. The Frankfurt office will serve as a central point for IFZA to engage with the German business community, showcasing the ease of doing business and unparalleled opportunities that Dubai offers for German companies looking to expand to the UAE and beyond.

According to the Global Investment Report 2023, the UAE ranked first in the MENA region, accounting for 32.4% of total FDI inflows, worth $70.2 billion. As the UAE’s most dynamic and truly international free zone community, IFZA optimizes the country’s strategic location and world-class infrastructure to attract international investors and contribute to the country’s economy.

IFZAThe company’s global presence extends beyond Frankfurt, with successful offices already established in Spain, Switzerland and China. The company has a network of over 1,500 IFZA authorized partners and consultants worldwide, specifically trained to support business owners in the ‘IFZA way’. Partners and licensees benefit from IFZA’s multinational approach through its multilingual staff, representing more than 50 nationalities.

As part of its continued expansion, IFZA aims to open additional offices in Austria, the United Kingdom, India, Africa and Latin America this year.

News source: Emirates News Agency