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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 (DDF) is the company responsible for duty-free selling operations at Dubai International Airport and Al Maktoum International Airport. [1] Founded in December 1983, DDF recorded first-year sales of US$20 million. In 2023, its 40th anniversary year, sales turnover reached US $2.16 billion, eclipsing pre-pandemic revenues.
Ras Al Khaimah was designated as a hub for Air Arabia for a period of ten years, extendable thereafter. [6] Growing at 25% year-on-year in 2013 (albeit from a low base), [7] the airport was refocused with efforts to attract cargo business, in particular from establishments under the Ras Al Khaimah Free Trade Zone. [8]
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain.Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones.
Dubai International Airport [2] DXB Dubai: Dubai: OMDB Al Minhad Air Base [6] NHD Dubai ... Al Saqr Field Airport [2] Ras al-Khaimah: Ras al-Khaimah: OMRS
In 2016, Dubai Airports started working on the expansion of the Al Maktoum International Airport, from 66,107 to 145,926 sq metres. [ 2 ] In 2017, Dubai Airports started implementing two 3,600 square metres modular data center facilities that bring data availability up to 99.82% (only 95 minutes of maximum annual downtime).
As of August 2009, Dubai Duty Free was the biggest single airport retail operation in the world ahead of London's Heathrow and Seoul's Incheon airports. [citation needed] In addition to a wide array of duty-free shops and eating outlets, Dubai Airport has two open-air garden areas. Dubai Airport has numerous business centres located around the ...
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 ...