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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 ...
Sources: UAE AIP, [ 2 ] ACI, [ 3 ] SkyVector [ 4 ][ 5 ] Dubai International Airport (Arabic: مطار دبي الدولي) (IATA: DXB, ICAO: OMDB) is the primary international airport serving Dubai, United Arab Emirates, and is the world's busiest airport by international passenger traffic. [ 6 ] It is also the busiest airport in the Middle ...
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.
Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4] 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]
Al Maktoum International Airport (IATA: DWC, ICAO: OMDW), also known as Dubai World Central, [3] is an international airport in Jebel Ali, 37 kilometres (23 mi) southwest of [2] Dubai, United Arab Emirates, that opened on 27 June 2010. [1] It is the main part of Dubai South, a planned residential, commercial and logistics complex.
Petrochem oil tank, Jebel Ali Free Zone, Dubai (UAE) Located in Dubai, JAFZA is one of the largest and oldest freezones in the UAE. It offers a hub for industries such as manufacturing, logistics, and trading. 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).
Dubai duty free. Dubai Duty Free (DDF) is the company responsible for duty-free 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 2019, sales turnover reached US $2.02 billion. [2] Sheikh Ahmed bin Saeed Al Maktoum is the president of ...
Website. www.dmcc.ae. The Dubai Multi Commodities Centre (DMCC) is a commodities exchange and free-trade zone in the United Arab Emirates. It is located in the Jumeirah Lake Towers district of Dubai. The DMCC was created in 2002 and deals in four main sectors: precious commodities (e.g., gold, diamonds); energy; steel and metals and ...