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Dubai CommerCity, an AED2.7 billion ($740 million), 2.1 million square feet joint venture between Dubai Airport Free Zone Authority (DAFZA) and wasl Asset Management...
The Dubai Civil Aviation Authority’s (DCAA) strategy plan for 2013-2015 has laid out an ambitious roadmap to boost aviation growth in the emirate, announced HH Sheikh Ahmed bin Saeed Al Maktoum, DCAA president and Dubai Airports chairman.
“The UAE continues with its impressive expansionary path and its travel and tourism industry also remains upbeat about its long-term prospects. Strong growth is reflected in its hotels and airports, and its leisure and retail sectors. The 2010 opening of phase one of the Al Maktoum International Airport is a good example of our long-term confidence and planning. Other countries in the region are pursuing substantial tourism-related development projects of their own – a trend that bodes well for the future of the duty free industry and related businesses.”