Dubai PR Network, Online Press Release from Dubai and Middle East
 
Shipping & Logistic(Shipping and Logistic)
Filter PR by
  
Jafza to Strengthen Cooperation with the British Business Community
 

- Sultan Ahmed Bin Sulayem: 21 new British companies joined Jafza last year
- 7% year-on-year growth of British companies over the last five years
- Paul Fox: British companies benefit from Jafza for efficient access to the UAE and the region.

Dubai, United Arab Emirates, 15 April, 2017: Jebel Ali Free Zone (Jafza), a DP World Company and the UAE’s flagship trade and logistics hub for the Middle East region and Africa has hosted the UK Business Forum for British companies operating in the free zone to strengthen partnerships and explore opportunities in the Middle East and African region. 

 

The forum was held in the presence of Paul Fox, British Consul General in Dubai and Northern Emirates; Mohammed Al Muallem, CEO of Jafza and Senior Vice President & Managing Director of DP World - UAE Region and senior officials from renowned companies including Jaguar Land Rover Middle East, Barloworld Logistics, Liberty Building Solutions, Momin Oil Industry FZCO and Quest Middle East.

 

Sultan Ahmad bin Sulayem, Group Chairman and CEO of DP World and Chairman of the Ports, Customs and Free Zone Corporation said, “The forum is part of our efforts to strengthen cooperation and partnership with the British business community in Dubai and learn about their strategic plans. This will further boost our relationship with the UK and increase trade between our two countries.

 

“DP World’s investments in the UK through London Gateway and Southampton have established a new era of partnership between the UAE and the UK adding value to the economy and British companies by enabling efficient global trade. Under the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, we are working towards strengthening the role of the UAE and Dubai in the future of the global economy. The number of British companies in Jafza has increased by 7% year-on-year in the past five years to over 400.  In 2016, Jafza registered 21 new companies that wanted to develop and expand their operations to the Middle East and Africa.”

 

Mr. Fox, said, “I am delighted to be part of this forum to celebrate the established relationship between the UK, DP World and Jafza. Our bilateral relations with the UAE date back to 1979 during the first visit of Queen Elizabeth II to this country. The British Embassy continues to work with Jafza to enhance business relations and support British companies operating from the free zone. The companies operating in Jafza mainly benefit from the logistical advantages of the free zone that acts as a gateway to local and regional markets.”

 

Mark Mckay, Senior Manager, Ernest & Young Middle East, presented a paper entitled ‘The impact of the introduction of VAT in the GCC on Free Zones’ explaining the procedures expected to be applied to companies operating in free zones when the tax comes into effect early next year.

 

The value of trade between Dubai and the UK reached AED28 billion in 2016 where the Imports comprised AED19.6 billion, Exports were worth AED1.4 billion and Re-export were AED7 billion.

 

 

Posted by : Dubai PR Network Editorial Team
Viewed 9235 times
PR Category : Shipping and Logistic
Posted on : Saturday, April 15, 2017  3:38:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : World's first reinforced Arc7 class LNG carrier maiden port ...
Next Story : Journey Along the Integrated National Logistics
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Paris Gallery's Eid Gift Guide: The Fragrance Edit [23143-Views]
Montblanc: The perfect gift guide [20886-Views]
SALLY HANSEN Nail Trend Report FREE FORM & NEGATIVE SPACE [18514-Views]
Jewel Corner Launches A Brand New Kiosk In The UAE [17867-Views]
Ulysse Nardin - Classic Dual Time Enamel [17635-Views]
Louis Moinet - Stardance brings down the stars for Eid Al Fitr [17409-Views]
The Admiral sets sail on an ocean of colours [17202-Views]
RAYMOND WEIL Shine Etoile makes a stunning Eid gift [17001-Views]
CITIZEN L… Ideal for the Stylish Woman this Eid [16903-Views]
Citizen Presents Three Stunning New Models for Father's Day [15860-Views]
Joyalukkas presents ¼ Kilo Gold to the Winner of the ongoing ‘Joyalukkas Shop & Win Upto 6... [15762-Views]
Celebrate Father's Day in 'Swiss Style' with RAYMOND WEIL [14512-Views]
Happy Father's Day with Ulysse Nardin Executive Skeleton Tourbillon [14182-Views]
SAINT HONORE Opéra is Ideal for the Stylish Woman [11492-Views]
Joyalukkas Win Upto 60 KG gold promotion Lucky winner announced in the UAE [11120-Views]
Paris Gallery Eid Gift Guide: The Watch Edit [10858-Views]
SAINT HONORE Charisma Twist [10620-Views]
Cook Smart with LG this season [9187-Views]
First SUC Regional Workshop on Open Source in Technologies for Libraries [9107-Views]
LG G6: The Ideal Summer Vacation Companion [8882-Views]
Make a Statement with MAKE UP FOR EVER's New Artist Liquid Matte Lipsticks [7912-Views]
Skyline University College Conducted Health and Wellness Program [7527-Views]
TAG Heuer Luxury Kit [6966-Views]
All-New 2017 Lincoln Continental Rides to Success in the UAE [6936-Views]
IKEA Reveals Hidden Shortcuts as Father's Day Gift [6161-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories