THE HAMRIYAH FREEZONE Industrial zone in Sharjah The Hamriyah Free Zone is a free zone place in the city of Sharjah in the United Arab Emirates. Established by an Emiri decree in November, 1995, the Free Zone is 24 square kilometers in size and has a 14 meter deep port and 7 meter deep inner harbor. Food Manufacturing Sector A rising sector for new investors Rising global demand through population increase and higher disposable incomes coupled with exemption from tax and commercial levies and an investment friendly environment has firmly established in UAE as a niche producer to meet the industry needs in the region. Special areas have been designated in the Free Zone to set up operations with ease for you to achieve high economies of scale from your business set-up. Perfume and Cosmetics Sector A booming sector for new investors The UAE has a per capita spend of around USD239 (Dh877) on beauty products making it the seventh highest in the world according to a report released in April 2017 by research firm, Euromonitor International. This figure is almost four times larger than the global average of USD 60. It makes sense that many perfume and cosmetics industries are establishing a base in the UAE to capitalize the current market trend. Trading Sector A well-established sector for new investors The Effectively Applied Tariff Weighted Average (customs duty) for United Arab Emirates is 4.40% and the Most Favored Nation (MFN) Weighted Average tariff is 4.71%. The trade growth is 5.86% compared to a world growth of 3.50%. GDP of United Arab Emirates is 414,178,942,590 in current US$. United Arab Emirates exports of goods and services as percentage of GDP is 93.86% and imports of goods and services as percentage of GDP is 67.98%.