Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  
Dubai Customs discusses means of growth with businesses in Dubai
 
Dubai Customs discusses means of growth with businesses in Dubai

Dubai, UAE 22 December 2018:   Director of Dubai Customs, Ahmed Mahboob Musabih said he is optimistic about 2019 based on many positive trade and economic indicators.

 “Oil prices are expected to rise despite a number of global challenges. The UAE economy is expected to witness a 3% growth. Around 118 million passengers used the UAE airports in the first 11 months of 2018,” says Musabih “The UAE announced biggest budget in its history for 2019 at AED 60 billion. These are all positive indicators that our economy is doing well”.

“Dubai Customs is playing an effective role in supporting the national economy and the efforts in hosting the Expo2020 by providing businesses with the best services and facilitating their trade. This has resulted in a growth in Dubai foreign trade which made AED 965 billion in the first 9 months of 2018” adds Musabih.   

More focus on e-commerce and AI applications, coupled with more mutual agreements with countries under the Authorized Economic Operator’s umbrella were the main highlights of Dubai Customs 2019 plan, says Musabih during the Dubai Customs Consultative Council’s quarterly meeting. 

The meeting was attended by heads of business and trade groups, members of the Council, and in the presence of Abdullah Mohammed Al Khaja, Executive Director of Clients Management Division, and Farid Hassan Al Marzouqi, Executive Director, Human Resources, Finance and Administration Division.

Mohammed Rashid bin Hashim, Senior Manager of Demand Management had a presentation on Advance Rulings initiative. Advance rulings are binding decisions by Customs at the request of the person concerned on specific particulars in relation to the intended importation or exportation of goods. Advance rulings can be requested with regard to either the classification, the origin or the Customs value of the goods in preparation for importation or exportation. Advance rulings facilitate the declaration and consequently the release and clearance process, as critical assessments in relation with the goods have already been made in the advance ruling.

After that Ahmed Musleh, Head of Prohibited and Restricted goods at Dubai Customs talked about Customs Warehousing, which is a procedure that enables the suspension of Customs Duty, for the imported goods in premises authorized by Customs.

On his part, Malik Hanouf, CEO of Brand Owners’ Protection Group applauded Dubai Customs efforts in protecting the rights of brand owners. 
In the meeting, the supply chain and logistics, retail, and electronics groups discussed their future plans of expansion and growth.   

 


Posted by : Dubai PR Network Editorial Team
Viewed 6588 times
PR Category : Government, Legal & Humanity
Posted on : Saturday, December 22, 2018  11:51:00 AM 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 : Sharjah Museums Authority signs MoU with Sharjah Police to h...
Next Story : Dubai Customs launches “7-Star Center” project to raise effi...
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
Tissot Introduces Chrono XL 3x3 Street Basketball Special Collection [11181-Views]
Hackket's Bags of Style [10864-Views]
Saint Honore [9754-Views]
Chloé Launches The New Cloud-shaped “rosie” Sunglasses [9656-Views]
BYS COSMETICS Now in UAE [9577-Views]
Introducing the Swim and Beachwear Summer Collection from Marks & Spencer [9394-Views]
Max Mara Resort 2020 Collection [9077-Views]
VBQ-presskit-denim-70s Capsule [8125-Views]
New Land Rover Defender Completes Tusk Testing to Support Lion Conservation in Kenya [7472-Views]
OMEGA Rocket Engine - Introducing the Master Chronometer Calibre 3861 [7131-Views]
Ministry of State for FNC Affairs Launches Forum Titled ‘Political Empowerment in the UAE' [6417-Views]
Natural and gentle haircare essentials for your little ones from Fifi & Friends' [6265-Views]
Eberhard & Co. Alfa Romeo Limited Edition [6246-Views]
Jaguar Land Rover & Bmw Group Announce Collaboration for Next Generation Electrification T... [6198-Views]
Rado Captain Cook Automatic Limited Edition with travel case' [6094-Views]
Electricity Most Searched Fuel Energy Term Online in UAE [5813-Views]
Britain's Greatest Test Driver, Norman Dewis Obe, Passes Away [5697-Views]
Aston Martin Produces First Cars at St Athan [5472-Views]
Kickstart your summer workout with Ibn Battuta Mall's free indoor family Fun Run [5417-Views]
The Gucci Runway Makeup Looks for Cruise 2020 [5417-Views]
Vincitore Realty sells out 108 homes in the Dh375 million Benessere project in just three ... [5417-Views]
Certina DS PH200M collection' [5325-Views]
Backseat battles: kids driving their parents to distraction – and danger on the roads, Nis... [5063-Views]
UAE and Oman bodies sign MoU to jointly promote Internal Auditing [5002-Views]
From the Big Screen to Real Life: Tag Heuer Unveils New Monaco Limited Edition At Exclusi... [4978-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories