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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.
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 ]
Sheeel.com was awarded first prize in the Kuwait e-Awards under the e-commerce category [3] [4] three months after its launch. The Kuwait e-Awards [5] are sponsored by the Kuwait Foundation for the Advancement of Sciences (KFAS), and are arranged in cooperation with the World Summit Award.
Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.
On 25 February 1991, a USMC McDonnell Douglas AV-8B Harrier II crash-landed after being hit by ground fire during the [[Kuwait Liberation War. [94] On 27 February 1991, the airport played host to a large tank battle between U.S. and Iraqi forces during the first Gulf War. It is known today as the Battle of Kuwait International Airport. [95]
Outside of Duty Free areas and major sales, Dubai has a reputation for being one of the most expensive shopping destinations in the world. [36] While boutiques, some electronics shops, department stores and supermarkets may operate on a fixed-price basis, most other outlets consider friendly negotiation as a way of life. Dubai's numerous ...
On 6 June 2013, the Shareholders of Autogrill approved the project of proportional partial demerger whereby Autogrill S.p.A. transferred the Travel Retail and Duty Free business to its wholly owned subsidiary World Duty Free S.p.A. (parent company of World Duty Free Group), the beneficiary, by assigning to the latter the entire shareholding in the Group's Travel Retail and Duty Free business.
In 1970, a new airport terminal building was constructed which included Dubai's first duty-free shops. [47] Throughout the 1960s Dubai was the centre of a lively gold trade, with 1968 imports of gold at some £56 million. This gold was, in the vast majority, re-exported – mainly to customers who took delivery in international waters off India.