Customs declarations grew 24 percent over the period, with 50,000 average daily declarations.
The agency also recorded 238,400 payment requests, 141,800 certificate and report requests, 76,700 inspection service requests, and 59,600 business registration service requests, it said in a statement.
This high traffic “reflects the sustainability and resilience of Dubai and UAE’s economy,” Abdullah Mohammed Al-Khaja, executive director of the agency’s client management division, said.“We will target new international markets and attract more foreign investments to achieve Dubai vision of raising trade to $2 trillion in the next five years,” he added.
Dubai Islamic Bank sees no impact from NMC law suit
Last week it emerged that NMC was suing a Dubai bank in the Abu Dhabi courts in a dispute that could complicate the company’s multi-billion-dollar debt restructuring
Dubai Customs completes 5m transactions in Q1, up 20%
DUBAI, 3 hours, 9 minutes ago Dubai Customs completed 5 million transactions in Q1 this year, equivalent to double the number of transactions in the same period in pre-pandemic 2019, and 20% more than Q1 2020, in which 4 million transactions were completed. We will target new international markets and attract more foreign investments to achieve Dubai vision of raising trade to 2 trillion dollars in the next 5 years following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Abdullah Mohammed Al Khaja, Executive Director of Clients Management Division, was quoted as saying in a
Dubai Customs completes 5m transactions in Q1, 2021
DUBAI, 1 hours, 45 minutes ago Dubai Customs completed 5 million transactions in Q1 this year, according to latest figures. This is equivalent to double the number of transactions in the corresponding period in pre-pandemic 2019, and 20% more than Q1 2020, in which 4 million transactions were completed. “We will target new international markets and attract more foreign investments to achieve Dubai vision of raising trade to $2 trillion in the next 5 years following the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai,” said Abdullah Mohammed Al Khaja, Executive Director of Clients Management Division.
Dubai Customs, JAFZA sign e-commerce cooperation agreement
DUBAI, 10th March, 2021 (WAM) Within their efforts to boost the role of Dubai and the UAE e-commerce on the global stage, Dubai Customs signed an agreement with Jebel Ali Free Zone (JAFZA) that enables JAFZA to enjoy all the services and benefits Dubai Customs provides through its cross border e-commerce platform.
The innovative platform utilises blockchain technology to integrate and automate operations between Customs, Free Zones, logistics, and courier companies. It is the first of its kind in the region and aims to help the emirate become a global hub for e-commerce and encourage e-commerce companies to set their businesses in Dubai. This follows the leadership’s vision of increasing Dubai based companies’ local and regional distribution share of e-commerce trade in the emirate to AED24 billion by 2022 by decreasing the cost of e-commerce operations by 20 percent. E-commerce is expected to contribute AED12 billion
Mutual trade between Dubai, US is Dhs31 7b in first half of 2020 gulftoday.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulftoday.ae Daily Mail and Mail on Sunday newspapers.