The Free Zones Authority has reported a continual rise in both employment rates and salaries within the country’s Technological Industrial Development Zones. According to the Authority’s latest release, the number of workers in November surged by 10 percent compared to the same period last year, reaching a total of 17,926 individuals.

Remarkably, the overall workforce in the Free Zones saw a substantial increase, marking a 29 percent rise from November 2021 and a notable 31 percent uptick from November 2020.

Highlighting the significant impact, the release emphasizes that over 1,600 individuals were newly employed by Free Zones companies in 2023 alone. Moreover, their average gross salary exceeded Mden 60,000, showcasing a twofold increase compared to figures from 2016.

The release further underscores the anticipated continuation of this growth trajectory. Contract signings within the Free Zones amounted to EUR 450 million in 2023, paving the way for the creation of 7,500 additional jobs. This ongoing trend suggests promising prospects for sustained expansion in both job opportunities and higher remunerations within these zones.