On 11 November 2010, the Abu Dhabi Executive Council issued notice that two resolutions have been issued relating to land in Abu Dhabi dedicated to the Abu Dhabi Ports Company. One area has been designated a freezone, while the other, area 11, has been designated an investment area.
The resolutions themselves have not yet been published, but designation as a freezone and investment area will permit GCC and foreign nationals to acquire additional land interests in these areas and to benefit from other economic and practical advantages of locating and investing there.
The resolution establishing the freezone will determine the nature and extent of any laws applicable to the zone and any UAE federal laws which do not apply to the area. The extent of the two designated areas and further details on the exact provisions in the resolutions will be provided once they have been published in the Official Gazette.