Dubai economic zones hit 96% occupancy, company count rises 13%
Dubai: Occupancy across Dubai Airport Freezone, Dubai Silicon Oasis and Dubai CommerCity reached 96% during the first half of 2026, while the number of companies operating across the three economic zones increased 13% from a year earlier. Get updated faster and for FREE: Download the Gulf News app now - simply click here. The workforce across the Dubai Integrated Economic Zones Authority’s three…
Dubai's Dubai Airport Freezone, Dubai Silicon Oasis, and Dubai CommerCity reached an impressive 96% occupancy during the first half of 2026, marking a 13% increase in the number of companies operating within these economic zones compared to the same period last year, according to DIEZ. The workforce across the three zones expanded by 24% year-over-year.
The authority's Chairman, Sheikh Ahmed bin Saeed Al Maktoum, highlighted the economic model's resilience and Dubai's competitive business environment, which continues to attract companies and investors. Expansion projects were launched at Dubai Silicon Oasis, including District IO and Block 14. District IO, backed by a Dh11 billion investment, focuses on infrastructure for future technologies, research, development, and innovation.
Block 14, with a Dh1.8 billion investment, comprises a commercial building, two residential buildings, a retail district, and connections to the Metro network, with the first phase set to be completed in 2029. Dr. Mohammed Al Zarooni, Executive Chairman of DIEZ, emphasized the strong demand for the economic zones and the ability to provide an advanced and flexible business environment that keeps pace with evolving company needs.
Oraseya Capital, DIEZ's investment arm, invested in 15 startups during H1 2026, a 25% increase from H1 2025. Oraseya also maintained its position as the UAE's most active investor by number of deals for the third consecutive year, and the UAE's most active early-stage investor, according to MAGNiTT's H1 2026 ranking.
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