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The opening of the Sheikh Rashid terminal at Dubai International Airport in 2000 saw the staff count at the various Dubai Duty Free locations throughout the airport rise to 900, which came with a 5,400 M 2 expansion of floor space. The turnover in 2001 rose to $222 million and in 2003, 20 years after it was established, finished off with a ...
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.
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]
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 ...
Free-trade zones in Dubai, (FTZs) are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors. There are 26 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business ...
Paul Griffiths CMG FRCO (born 16 October 1957) is a British businessman and musician, CEO of Dubai Airports, a company based in the United Arab Emirates and wholly owned by the Dubai government. [ 1 ] [ 2 ] He is also a vice president and former chairman of the board of trustees of the Royal College of Organists .
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
In 2016, Dubai Airports started working on the expansion of the Al Maktoum International Airport, from 66,107 to 145,926 sq metres. [ 2 ] In 2017, Dubai Airports started implementing two 3,600 square metres modular data center facilities that bring data availability up to 99.82% (only 95 minutes of maximum annual downtime).