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The Dubai Diamond Exchange (DDE) was established in 2004 to facilitate the development of the diamond and coloured gems market. [6] Dubai ranks third behind Antwerp and Mumbai in the leading global diamond hubs in terms of trade, growing from $300 million (Dh1.10 billion) in trade in 2002 to $26 billion in 2016. [7]
Dubai Ports International (DPI) was founded in 1999. [4] Its first project was at Jeddah , Saudi Arabia , collaborating with a local partner on the South Container Terminal (SCT). DPI then began operations at the ports of Djibouti in 2000, Vizag , India in 2002 and Constanța , Romania in 2003. [ 4 ]
Jafza is spread over 57 square km in the Jebel Ali area at the far western end of Dubai, on the Skeikh Zayed Road (E11). [6] Jafza is located at 24.984786°N, 55.0906813°E. The closest gate to access Jafza is Gate 4 of Jebel Ali. Jafza is located alongside the region's largest deep sea port in Jebel Ali, adjacent to the Dubai Expo 2020 site.
Jebel Ali port is one of DP World's flagship facilities and have been ranked as 9th in Top Container Port Worldwide having handled 7.62 million TEUs in 2005, which represents a 19% increase in throughput, over 2004. [15] Jebel Ali Port was ranked 7th in the world's largest ports in 2007. [16] Jebel Ali port is managed by state-owned Dubai Ports ...
There are more than 20 Free Zones operating in Dubai, which include the following: Dubai Airport Free Zone [7] Dubai Design District [8] Dubai Healthcare City [9] Dubai International Academic City [10] Dubai Internet City [11] Dubai International Financial Centre [12] Dubai Knowledge Park [13] Dubai Maritime City [14] Dubai Media City [15]
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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.
The Dubai World Trade Centre was originally a single tower, constructed in 1979, and has since been expanded into a business district built around an exhibition centre complex. Originally named the Sheikh Rashid Tower and designed by John R. Harris and Partners (JRHP), the tower was inaugurated by Queen Elizabeth II on February 26, 1979.