Dubai:
Dubai Airport Freezone Authority (Dafza) said on Wednesday it posted a 31 per cent jump in net profits in the first half to June along with a 30 per cent rise in revenues.
The company also reported a significant rise in office sales, with a 67 per cent increase in new customers and 17 per cent growth among existing customers for the same period.
“Year after year we grow strong and stand by our commitment to offering the best services a free zone can deliver. Our focus on unparalleled service will enable us to achieve our strategic objectives in the coming years,” said Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation, Chairman and Chief Executive of Emirates airline and Group and Chairman, Dafza.
“We shall continue to provide integrated solutions to attract regional and international investors and consequently contribute to a stronger national economy,” Shaikh Ahmad said.
The overall occupancy rate of offices at Dafza has increased as well by 23 per cent. In addition, the number of new company registrations rose by 14 per cent, with multinational companies accounting for 27 per cent and also occupying 15 per cent of the total new leased office spaces.
“The successful experiences of our clients, in turn, are helping attract more new tenants eager to take advantage of the exceptional facilities and benefits available at the Freezone. This is clearly reflected in the recommendations and referrals of these companies which accounted for 13 per cent of total sales revenues during the first half of this year,” said Mohammad Al Zarouni, Director General, Dafza.
Dafza was established in 1996 as a part of the Dubai Government’s strategic plan to be an investment-driven economy, Dafza is one of the fastest growing premium free zones in the region. The free zone is currently home to over 1,600 companies from various industry sectors.
