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Dubai Duty Free has seen significant growth and development in the past years and was named the single largest airport retailer in the world in terms of revenue, based on the years 2008–10 [9] and 2013. [10] The Dubai Duty Free employs over 6,100 staff of 47 nationalities, including 25 of its original 100 staff recruited in 1983. [11]
Dubai Duty Free – the company responsible for the duty-free operations at Dubai International Airport. DDF became the largest airport retailer in the world in terms of sales in 2012. [6] DDF represents over 5% of global duty-free sales, [7] generating 2014 revenues of $1.91 billion [8] and 2016 revenues of $1.85 billion. [9]
Dubai Duty Free Company announced annual sales of Dhs5.9 billion (US$1.6 billion) in 2012, representing a 10 per cent increase on the previous year. In 2008, Dubai Duty Free doubled its retail space from 7,000 to 15,000 m 2 (75,000 to 161,000 sq ft) with
The world's largest airport by duty-free sales is South Korea's Incheon Airport, with US$1.85 billion in 2016, [2] narrowly overtaking Dubai Duty Free with 2016 sales of $1.82 billion. [3] Haikou International Duty-Free City Shopping Complex is the world's biggest stand-alone duty-free store in terms of physical size.
DAFZ was established in 1996. It came into being as a part of the Dubai government's strategic plan to make Dubai an investment-driven economy. Today, it is one of the fastest-growing and pioneering free zones in the region, contributing to around 4.7 percent of Dubai's gross domestic product) It allows international investors a completely duty-free business setup and execution of services ...
The DCA was once the operator of Dubai International Airport, Dubai Cargo Village and Dubai Duty Free Zone. Management of Dubai's airports and cargo gateways have been transferred to Dubai Airports Company, a separate entity from the Department of Civil Aviation.
Free-trade zones in Dubai, (FTZs) are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors. There are 26 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business ...
Terminal 3 is an airport terminal at Dubai International Airport, located in Dubai, United Arab Emirates. When completed and opened on 14 October 2008, it was the largest building in the world by floor area and is currently the world's largest airport terminal, with over 1,713,000 m 2 (18,440,000 sq ft) of space.