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Dubai Duty Free has seen significant growth and development in the past years and was named the single largest airport retailer in the world in terms of revenue, based on the years 2008–10 [9] and 2013. [10] The Dubai Duty Free employs over 6,100 staff of 47 nationalities, including 25 of its original 100 staff recruited in 1983. [11]
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]
The DCA was once the operator of Dubai International Airport, Dubai Cargo Village and Dubai Duty Free Zone. Management of Dubai's airports and cargo gateways have been transferred to Dubai Airports Company , a separate entity from the Department of Civil Aviation.
Al Maktoum International Airport [2] (Dubai World Central Airport) DWC Dubai: Dubai: OMDW Fujairah International Airport ...
Dubai Duty Free Company announced annual sales of Dhs5.9 billion (US$1.6 billion) in 2012, representing a 10 per cent increase on the previous year. In 2008, Dubai Duty Free doubled its retail space from 7,000 to 15,000 m 2 (75,000 to 161,000 sq ft) with
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
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.
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 ...