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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 International, DP World handles 70 million containers that are brought in by around 70,000 vessels annually. This equates to roughly 10% of global container traffic accounted ...
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 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 ...
Port Import/Export Reporting Service (PIERS) is a trade information service offered by S&P Global Maritime Intelligence. Launched in the mid-1970s, PIERS is considered a pioneer in compiling digital data on global trade.
Federal Law No. (1) for the year 2003 A.C. regarding establishment of the Federal Customs Authority (FCA) in the UAE defined the primary Functions and responsibilities of FCA on the basis that it is the authority concerned with drawing customs policy in cooperation with customs administrations, preparing unified legislations to regulate customs work, and supervising implementation of it by ...
Dubai-based port operator DP World reported Thursday its half-year profits fell by nearly 60%, in part over the ongoing attacks by Yemen's Houthi rebels over the Israel-Hamas war that have ...
The purpose of the port was to handle small fishing ships, as well as to accommodate some of the commercial ships destined for Dubai. Like all other ports in the city, Mina Al Hamriya is now managed by Dubai Ports World. The port plays a key role in facilitating trade between Dubai and countries in South Asia and East Africa. Food, automobile ...
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