DIEZ records 42% increase in operating profit in 2022

DUBAI: The Dubai Integrated Economic Zones Authority (DIEZ) recorded a 42 per cent increase in its operating profit in 2022, while total revenue increased by 29 per cent, compared to 2021.

The exceptional performance, which resulted in a 9 per cent increase in rental revenue and a 69 per cent increase in revenue from commercial licences, government services and other services in 2022, signifies the effectiveness of DIEZ’s new integrated model and the Authority’s growing contribution to the economic development of Dubai and the UAE.



Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of DIEZ, said, “These exceptional results, which point to a promising future for DIEZ, highlight the success of the Authority’s unique approach to supporting businesses and investors. The results reinforce DIEZ’s status as a platform for attracting foreign direct investment as well as our strategic role in achieving the goals of the Dubai Economic Agenda D33 to double the size of the emirate’s economy and consolidate its position as one of the world’s top three cities over the next decade.”

“The strong performance, which reflects our commitment to delivering an exceptional business model, gives a strong boost to DIEZ’s aspiration to be an even bigger player in enhancing Dubai and the UAE’s competitiveness and economic attractiveness. Over the next phase of growth, we will continue fostering a culture of innovation and excellence and enhancing our globally-benchmarked solutions, facilities, benefits, and services. DIEZ contributed five per cent to Dubai’s GDP and 11 per cent to the emirate’s non-oil foreign trade in 2021,” Sheikh Ahmed added.