Arab Today, arab today imf jafza discuss trade trends
Last Updated : GMT 18:01:58
Arab Today, arab today
Arab Today, arab today

IMF, Jafza discuss trade trends

Arab Today, arab today

Arab Today, arab today IMF, Jafza discuss trade trends

Dubai - Arabstoday

An International Monetary Fund (IMF) mission led by Harald Finger, visited Jafza recently to understand the role of Jabel Ali Free Zone (Jafza) in Dubai and the UAE’s economic development. The three-member mission comprising Zsofia Arvai and Jiri Jonas, two senior economists, met Ibrahim Aljanahi, Deputy Chief Economic Officer of Jafza, and his team including Asim Al Abbasi, Chief Financial Officer and Khaled Ahmad, Senior Vice President (SVP), Strategy and Development from Economic Zones World, the parent company of Jafza, at the freezone. The mission discussed with Jafza authorities the trade trends particularly the effect of the US sanctions on some countries in the Middle East. Commenting on the points raised by the IMF mission Aljanahi said: “Jafza is essentially a facilitator. As facilitator it provides investors required facilities, services and full administrative support to enable them to grow and realise all their aspirations. Therefore, Jafza as such, has largely been unaffected by such sanctions. We have seen consistent growth in the number of new companies that joined Jafza in 2011.” “Last year more than 400 new companies joined the freezone, which includes some of the globally known names like Ace Hardware, AO Smith, Caterpillar, Ford, Oracle, Apollo Tyres, Baumer among others,” he further added. Commenting on the Jafza’s role in the development of Dubai and the UAE’s economy Aljanahi said: “Jafza has been one of the main drivers of Dubai and the UAE’s incredible growth over the years.” We have contributed to Dubai’s GDP at over 20 per cent on year-to-year basis, accounted for more than 50 per cent of Dubai’s exports and 43 per cent of all FDI inflow into the UAE. “Our key strength remains integrated infrastructure, which includes an ideal set of logistics matrices, the best international practices and exceptional customer service.” The Washington based IMF mission’s call to Jafza was part of its visit to the United Arab Emirates that began on Feb.28, 2012, in order to examine aspects of economic and financial developments in the country. The mission is scheduled to conclude on 14th of March and the final report is expected in May 2012. Jafza is Economic Zones World’s flagship operation. One of the world’s largest and the fastest growing freezones. Established in 1985, Jafza today is spread over an area of 48 sq. kms and is home to over 6400 companies, including over 120 of the Fortune Global 500 enterprises, from across the world.  It is a leading driver of the burgeoning UAE economy. With its impeccable track record, Jafza stands for innovation, customer centricity, transparent operations and entrepreneurial dynamism. As the leading business hub of the Middle East, Jafza focus on long-term customer relationships and foster alliances with global investors by providing them with world class infrastructure supported with value-added services and incentives.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf jafza discuss trade trends Arab Today, arab today imf jafza discuss trade trends

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 06:04 2017 Wednesday ,22 February

Hammond closes in on budget goal

GMT 05:34 2017 Wednesday ,22 February

Euro zone economy outlook shines

GMT 04:10 2017 Wednesday ,22 February

US stocks finish at another all-time high

GMT 02:31 2017 Wednesday ,22 February

Arms deals worth over AED6.9 bn sealed on day two of IDEX

GMT 02:21 2017 Wednesday ,22 February

Putin urges Russian nuclear weapons boost

GMT 21:14 2017 Tuesday ,21 February

Tatas will lead, not follow
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday