Customs transactions in Dubai rose by 60 per cent to reach 4 million in the first quarter of 2020, compared to 2.5 million for the same period last year.
Sultan bin Sulayem, DP World Group Chairman & CEO and Chairman of Ports, Customs and Free Zone Corporation, said the increase in hard times shows the strength of the infrastructure.
"This puts Dubai as one of the best customs and logistics hubs in the world, and a very attractive environment for foreign investments and businesses," he said.
Ahmed Mahboob Musabih, Director General of Dubai Customs, said their investment in smart services is now paying off.
"The noticeable growth in transactions at Dubai Customs despite the current challenges is a very positive indicator of Dubai’s sustainable and resilient economy," he added.
The World Customs Organisation has recognised Dubai Customs for having 99 per cent of services available through smart and online channels.
Only 44,000 Q1 transactions were done manually through the service counters, which makes up just one per cent of the total number.
Boeing will cut 17,000 jobs, delay the first deliveries of its 777X jet by a year, and record $5 billion (AED 18.3 billion) in losses in Q3, as the US planemaker continues to spiral during a month-long strike.
Abu Dhabi Government will participate in GITEXGlobal 2024, taking place from October 14 to 18 at the Dubai World Trade Centre, under the theme ‘Towards an AI-Native Government'.
Dubai-based companies have invested nearly $2 billion (AED 7.3 billion) in Turkey from 2018 to mid-2024, while Turkish investments in the emirate totalled $100 million (AED 367.3 million) from 2015 to 2023.