Zarea Board approves UAE subsidiary incorporation

July 15, 2025 (MLN): The Board of Directors of Zarea Limited (PSX: ZAL) has approved the incorporation of a wholly-owned subsidiary in the United Arab Emirates (UAE) under the name ZAREA COMMERCE FZCO.

The incorporation of this UAE-based entity marks a major milestone in Zarea’s global expansion strategy, the notification issued to the local bourse.

With the launch of its regional headquarters in Dubai, Zarea is now well-positioned to expand into international markets and strengthen its role in technology-driven B2B trade.

This initiative is a cornerstone of the company’s long-term growth strategy, expanding its global footprint, strengthening overseas operations, accelerating export-led growth, digitising trade, and unlocking new markets worldwide.

Key details of the subsidiary are as follows: the name of the subsidiary is ZAREA COMMERCE FZCO, incorporated in Dubai, United Arab Emirates, and it is 100% owned by ZAL.

The Board of Directors is confident that this strategic investment will accelerate the company’s long-term growth trajectory and generate sustained value for its shareholders.

ZAL has stated it will continue to keep the Exchange and its shareholders informed of any further material developments in accordance with applicable laws and regulations.

The company’s share price rose to Rs25.2 (0.92), reflecting a 3.79% increase following the disclosure of this strategic development.

Copyright Mettis Link News