Jumeirah Lakes Towers Free Zone
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Jumeirah Lakes Towers Free Zone
Dubai Multi Commodities Centre (DMCC) is the UAE's largest free-trade zone that is located in the Jumeirah Lake Towers district of Dubai. Created in 2002, it serves as a commodities exchange that deals in four main sectors: precious commodities (e.g., gold, diamonds); energy; steel and metals and agricultural commodities (e.g., tea, cotton). In August 2020, the Investment Corporation of Dubai, a sovereign wealth fund, became the parent company of the autonomous DMCC as part of a major restructuring. History On the 1st of May 2002, then-Crown Prince of Dubai Mohammed bin Rashid Al Maktoum issued directing the establishment of the free zone and the objective of the freezone to be a center of commodities trading. Further regulations were issued in which clarified the organisation of the freezone as its own independent authority and exempted all companies operating in the free zone of all forms of taxes and customs charges, and noted that companies and entities within the fr ...
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Free-trade Zone
A free-trade zone (FTZ) is a class of special economic zone. It is a geographic area where goods may be imported, stored, handled, manufactured, or reconfigured and re- exported under specific customs regulation and generally not subject to customs duty. Free trade zones are generally organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade. Definition The World Bank defines free trade zones as "small, fenced-in, duty-free areas, offering warehousing, storage, and distribution facilities for trade, transshipment, and re-export operations". Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services. Synonyms Free-trade zones are re ...
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Dubai Municipality
Dubai Municipality ( ar, بلدية دبي) is the Government of Dubai municipal body with jurisdiction over city services and the upkeep of facilities in the Emirate of Dubai, United Arab Emirates and reports directly to the Dubai Executive Council. The agency is led by a Director-General that sits at the Dubai Executive Council. The department has been led by Director-General Eng. Dawood Abdul Rahman Al Hajiri since 2018. History It was established in 1954 by the Crown Prince of Dubai, Rashid bin Saeed Al Maktoum. In 2001, the municipality embarked on an e-government project to provide 40 of its city services online through its web portal. Organisation and Governance Dubai Municipality consists of 2 sectors, the Corporate Support Service Sector, and the Planning and Governance Sector, both led by Chief Executive Officers A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is o ...
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Armada Towers
Armada Towers ( ar, أبراج أرمادا) is a complex of three skyscrapers in Jumeirah Lake Towers (JLT) Dubai Multi Commodities Centre Free Zone being built is opposite to the Dubai Marina and next to the Emirates Golf Club in Dubai, United Arab Emirates. It is a mixed purpose community with both residential, hotel, hospital and commercial units. General Armada Towers is one of Armada Group projects in the UAE. The construction contract was awarded to CSHK and the total cost of the project estimated to be over AED 1 Billion (US$300 Million). The construction began in early 2005 and was completed in 2009. The Towers was designed by Adnan Saffarini. Armada Tower 1 Located in Cluster P, plot 1. Armada Tower 1 has 36 floors and stand at . Armada Tower 2 Located in Cluster P, plot 2. Armada Tower 2 is the taller of the three, standing at with 40 floors. which is mixed commercial building with international companies/organizations running their regional operations such as ...
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The Bonnington Tower
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a ...
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Al Fajer Properties
Al Fajer Group, based in Dubai, United Arab Emirates, is a nationally owned holding company established by Sheikh Hasher bin Maktoum Al Maktoum of Dubai's ruling family. Also known as Al Fajer Enterprises, it was established in 1970. Formation Al Fajer Group (AFG) was established in 1970 by its Group President Sheikh Hasher Bin Maktoum Al Maktoum, His Highness. Since his appointment of CEO of the group in 1998 the company has grown to a diversified business entity delivering services to a range of international clients. Subsidiaries AFG's business interests include a number of subsidiaries which, according to a 2008 press release, then had "more than 18,000 employees" across the "companies incorporated under its umbrella". As of October 2021, the subsidiary companies listed on the Al Fajer Group website included: Al Ahmadiah Contracting & Trading, Al Fajer Information Services, Al Fajer Trading LLC, Al Fajer Marine LLC, Al Fajer Decoration LLC, Al Fajer Facilities Management LLC ...
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Foodservice
The foodservice (US English) or catering (British English) industry includes the businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many other formats. Suppliers to foodservice operators are foodservice distributors, who provide small wares (kitchen utensils) and foods. Some companies manufacture products in both consumer and food service versions. The consumer version usually comes in individual-sized packages with elaborate label design for retail sale. The foodservice version is packaged in a much larger industrial size and often lacks the colorful label designs of the consumer version. Statistics The food system, including food service and food retailing supplied $1.24 trillion worth of food in 2010 in the US, $594 billion of which was supplied by food service facilities, defined by the USDA as any place which prepares food for immediate consumption on site, including ...
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Global Islamic Finance Awards
Global Islamic Finance Awards (GIFA) are one of the most prestigious awards in Islamic banking and finance. Other prestigious awards are Islamic Development Bank Prize in Islamic Banking and Finance (also known as "IsDB Prize"), and The Royal Award For Islamic Finance, founded by the government of Malaysia. GIFA was founded by the consulting firm Edbiz (and currently managed by Cambridge IFA) as part of its advocacy for Islamic banking and finance. Since its inception in 2011, GIFA has emerged as the Number One Islamic finance awards programme in the world. GIFA Laureates Every year, the Awards Committee of GIFA elects a head of state or government (or a leading personality equivalent in stature and significance) as winner of its top award, called Global Islamic Finance Leadership Award. The winner is also known as GIFA Laureate. GIFA has emerged as the second awarding body after the Nobel Peace Prize, in terms of number of presentation of awards to heads of state or governments ...
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Government Of Dubai
The Government of Dubai ( ar, حكومة دبي) is the subnational authority that governs the Emirate of Dubai, one of the seven constituent monarchies which make up the United Arab Emirates. The executive authority and head of the government is the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. The Ruler of Dubai appoints the Dubai Executive Council, which is led by the Crown prince of Dubai and is responsible for the day-to-day management of Dubai Government agencies such as the Dubai Municipality and numerous other governing entities. History Since 1830, the Emirate of Dubai had a semi-autonomous government led by the Ruler of Dubai, who would delegate responsibilities of managing the affairs of the emirate to representatives in an informal government. Prior to the unification of the United Arab Emirates, Dubai had already started issuing local laws as part of the Trucial States on matters of taxation and trade, allowing the emirate to attract foreign trade and develop ...
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Aerial View Of Jumeirah Lakes Towers
Aerial may refer to: Music * ''Aerial'' (album), by Kate Bush * ''Aerials'' (song), from the album ''Toxicity'' by System of a Down Bands *Aerial (Canadian band) * Aerial (Scottish band) * Aerial (Swedish band) Performance art * Aerial silk, apparatus used in aerial acrobatics *Aerialist, an acrobat who performs in the air Recreation and sport * Aerial (dance move) *Aerial (skateboarding) *Aerial adventure park, ropes course with a recreational purpose * Aerial cartwheel (or side aerial), gymnastics move performed in acro dance and various martial arts * Aerial skiing, discipline of freestyle skiing *Front aerial, gymnastics move performed in acro dance Technology Antennas *Aerial (radio), a radio ''antenna'' or transducer that transmits or receives electromagnetic waves **Aerial (television), an over-the-air television reception antenna Mechanical *Aerial fire apparatus, for firefighting and rescue *Aerial work platform, for positioning workers Optical *Aer ...
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FDi Magazine
''fDi Intelligence'' is an English-language bi-monthly news and foreign direct investment (FDI) publication, providing an up-to-date review of global investment activity. The A4 glossy pages reach a circulation of 15,488 ABC audited, active corporate and crossborder investment professionals across the world. fDi Intelligence is a central part of the fDi Intelligence portfolio of investment products and services from the ''Financial Times''. Features ''fDi Intelligence'' focuses primarily on FDI news and in-depth analysis of the corporate investment climate across many sectors. Regular columns comprise the following: FDI Report and Rankings fDi Intelligence publishes an annual fDi Report which provides an overview of the global FDI statistics as well as a breakdown of the current picture in key regions like Asia-Pacific, Europe, North America, Latin America & the Caribbean, Middle East & Africa, and the BRIC BRIC is a grouping acronym referring to the developing countri ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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List Of Free-trade Zones In The United Arab Emirates
Free-trade zones in the United Arab Emirates are areas that have a special tax, customs and import regime, and are governed by their own framework of regulations (with the exception of UAE criminal law). Background The UAE has a number of free zones across Dubai, 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 zone exemptions are: * 100% foreign ownership of the enterprise * 100% import and export tax exemptions * 100% repatriation of capital and profits * Corporate tax exemptions for up to 50 years * No personal income taxes * Assistance with labor recruitment, and additional support services, such as sponsorship and housing. Each Free Zone is designed around one or more business industry categories and only offers licenses to companies within those categories. An independent Free Zone Authority (FZA) governs each free zone, and is the ...
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