Table of Contents
How to Start a Magnetic Technology Equipment Trading Business with Meydan Free Zone
Magnetic technology equipment covers a commercially diverse range of products spanning industrial, medical, scientific, and specialist applications. This encompasses magnetic separation equipment used in food processing and mining, industrial magnets and lifting magnets, MRI-compatible components, magnetic resonance spectroscopy equipment, electromagnetic tools, and specialist magnetic materials and components.
The UAE's food processing industry, oil and gas sector, manufacturing base, and growing medical technology market all create demand for magnetic technology products. The global magnetic separator market alone was valued at USD 800 million in 2024 and the broader magnetic equipment market spans multiple billions across industrial and medical applications.
For traders in this niche but commercially robust category, the UAE's diverse industrial economy offers a broad customer base.
4773.c8 - Magnetic Technology Equipment Trading
Activity 4773.c8 covers the trading of magnetic technology equipment. This encompasses permanent and electro-magnets, magnetic lifting devices, magnetic separators, ferrite and rare-earth magnet components, electromagnetic coils, industrial magnet assemblies, MRI-compatible equipment components, magnetic resonance equipment, and all equipment and devices that utilise magnetic technology for industrial, medical, scientific, and specialist applications.
Activity 4773.c8 covers magnetic technology equipment broadly. MRI systems as complete medical devices fall under activity 4773.b1.
Electronic precision instruments are covered under 4773.d3.
In short: if you are trading magnetic technology equipment and components, you are in. Complete MRI medical devices fall under 4773.b1.
Who is this for?
| Audience Segment | Profile |
|---|---|
| INDUSTRIAL & MANUFACTURING | Industrial Magnetic Equipment Traders Traders supplying magnetic separators, magnetic lifting equipment, permanent and electro-magnets, and industrial magnetic tools to food processing plants, mining operations, manufacturing facilities, and recycling operators. |
| MEDICAL & SCIENTIFIC | Medical & Scientific Magnetic Technology Distributors Distributors supplying MRI system components, magnetic resonance spectroscopy equipment, and scientific magnetic instruments to hospitals, research institutions, and medical technology operators. |
Activity Details
| Category | Scope |
|---|---|
| Industrial magnets & lifting equipmentPermanent magnets, electromagnets, magnetic lifting devices, magnetic sweepers, and industrial magnet assemblies for manufacturing and material handling. | Electromagnetic coils & devices Solenoid coils, electromagnet assemblies, electromagnetic actuators, and specialist electromagnetic components for industrial and technical applications. |
| Magnetic separatorsDrum, belt, and plate magnetic separators for removing ferrous contaminants from food products, minerals, and bulk materials in processing operations. | Medical magnetic equipment components MRI-compatible accessories, magnetic shielding components, and specialist magnetic medical technology items for healthcare facility applications. |
| Rare-earth & ferrite magnet components | Neodymium, samarium cobalt, and ferrite magnets in bulk and custom forms for engineering, electronics, and industrial manufacturing applications. |
Third-Party Approval
This activity does not require third-party approval to obtain a business license from Meydan Free Zone.
Anti-Money Laundering Compliance
This business activity is not subject to AML compliance requirements.
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