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US$1.03 billion (2023) [2] Number of employees. 101,440 [3] Website. dpworld.com. DP World is an Emirati multinational logistics company based in Dubai, United Arab Emirates. It specialises in cargo logistics, port terminal operations, maritime services and free trade zones. Formed in 2005 by the merger of Dubai Ports Authority and Dubai Ports ...
Aramex. Aramex is an Emirati multinational logistics, courier and package delivery company based in Dubai, United Arab Emirates. [2] The company was founded by Fadi Ghandour and Bill Kingson in 1982 in Amman, Jordan. [2][3][4] It is the first Arab-based company to be listed on the NASDAQ stock exchange. [2][5][6] Aramex is listed on the Dubai ...
The United Arab Emirates ratified the 2000 UN TIP Protocol in January 2009. [1] In 2017 the United Arab Emirates was a destination country for men and women that are mostly trafficked for the purposes of labor and prostitution. The U.S. State Department's Office to Monitor and Combat Trafficking in Persons placed the country in "Tier 2" in 2017 ...
In 2010, PIERS acquired CenTradeX, a provider of online trade intelligence tools for commodity trend analysis, statistical research, and lead prospecting. [ 6 ] PIERS serves multiple industries involved in importing and exporting, particularly the manufacturing, chemical, financial, and transportation industries, as well as several U.S. and ...
In April 2021 Dubai CommerCity launched, a free zone dedicated to e-Commerce. [5] The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai. [6] This freezone was founded in Fujairah Emirate and has moved to Dubai Silicon Oasis (DSO), Dubai. [7]
Trade in gold grew during the 1940s due to Dubai's free trade policies that encouraged entrepreneurs from India and Iran to set up stores in the Dubai Gold Souk. Despite a general slump in the global gold market, Dubai's share of value of trade in gold and diamonds to its total non-oil direct trade increased from 18% in 2003, to 24% in 2004.
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [5] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
The Dubai Mercantile Exchange (DME) is a commodity exchange based in Dubai currently listing its flagship futures contract, DME Oman Crude Oil Futures Contract (OQD). Launched in 2007, the DME aims to become the crude oil pricing benchmark for the Asian market with its Oman Crude Oil contract, like the Intercontinental Exchange’s (ICE) North Sea Brent is to Europe and the New York Mercantile ...