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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. Free-trade zone exemptions are: [2] 100% foreign ownership of the enterprise; 100% import and export tax exemptions
It also has outlets in several countries in the Middle East and in 2015 won a 10-year contract to operate duty-free stores at the new Midfield Terminal Building in Abu Dhabi International Airport. [25] In 2016, DAA International won the contract to manage the new Terminal 5 at King Khaled International Airport in Riyadh, Saudi Arabia. [26]
In the 1960s and 1970s DFS Group significantly expanded their operation in Pacific Islands and North America. DFS capitalized on the rising wave of Asian tourists who began to travel further overseas, opening stores in international airports and later in downtown locations where travelers have their purchases delivered before departure. [8]
As part of its plans to achieve economic diversification by 2030, the Abu Dhabi Government drew up plans to launch a multibillion-dollar industrial park and ports operation on a greenfield site in Taweelah (adjacent to the newly built Khalifa Port) which would become the emirate's first industrial free zone offering 100 per cent foreign ownership. [2]
At the time, Al Bateen Airport (then called Abu Dhabi International Airport) was the main international airport serving the city (Abu Dhabi Airfield was the other old airport). Sheikh Zayed bin Sultan Al Nahyan had realized that it was hard to access the airport, as it was located on Abu Dhabi Island and that the island at the time was ...
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.
Abu Dhabi Terminals (Arabic: شركة مرافئ أبوظبى) or ADT was established in May 2006, [1] by Emiri Decree No. (6) as the main port operator for all commercial ports in Abu Dhabi supporting the economic diversification in Abu Dhabi’s 2030 vision.
Muṣaffah (Arabic: مُصَفَّح) or Musaffah [1] [2] is an industrial district to the southwest of Abu Dhabi, the United Arab Emirates.Also known as Muṣaffah Aṣ-Ṣanāʿiyah (Arabic: مُصّفَّح ٱلصّنَاعِيَة), [3] it is one of the most important economic areas of the United Arab Emirates and has been designated a special economic zone, with numerous factories and port.
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