DUBAI / WAM Dubai Economy has announced it will extend its consumer protection services to free zones in Dubai under an agreement with the Dubai Free Zones Council. The agreement, which is part of enhancing co-ordination between government, government-related and private entities to improve the overall customer experience in Dubai, will allow consumers of free zone businesses to raise their ...

DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd. reported its financial results for the six months ended June 30. According to the consolidated financial statements, the DAE’s total revenue reached $672.6 million during the first half of 2020 and net income hit $121.7 million. The company’s pre-tax profit margin reached 20% and pre-tax return on equity hit 8.9%. The available ...

Dubai / WAM Dubai Airport Freezone Authority (Dafza) achieved positive financial and operational results in the first half of 2020. Throughout the first quarter of the year, Dafza recorded a 54 percent increase in general exports. During this period, China accounted for the highest percentage of Dafza’s trade, with 21 percent at a value of AED 7.7 billion, followed by ...