Emirates Airlines signs a memorandum of understanding with Jebel Ali Free Zone to attract new invest
Emirates Airlines and Jebel Ali Free Zone (Jafza) have signed a Memorandum of Understanding (MoU) aimed at attracting more investments to the Emirate of Dubai by supporting new and existing businesses registered or licensed in the free zone.
The memorandum of understanding was signed by Dina Al-Harees, Vice President of Commercial Products at Emirates Airlines, and Ahmed Al-Kaabi, Head of Sales in the Jebel Ali Free Zone, in the presence of the Senior Vice President for the Gulf, Middle East and Central Asia region, Adel Al-Ghaith, and the Executive Director of Operations. In business parks, and free zones for DB World Emirates "Ahmed Al Hammad".
Under the signed memorandum, both sides will explore opportunities to offer travel-related incentives to new and existing SMEs and larger companies, including enrollment in Emirates Airlines' Business Rewards Program as a corporate loyalty reward.
Emirates Airlines Chief Commercial Officer, Adnan Kazim, also expressed his happiness for his participation with the Jebel Ali Free Zone “Jafza” in supporting Dubai’s efforts to consolidate its leadership position as one of the most preferred investment destinations in the world, and the business environment is still Active in Dubai is gaining momentum in attracting more foreign companies, start-ups and talented entrepreneurs across a variety of industries.
Kazim pointed out that Emirates Airlines has worked hard to support several initiatives targeting emerging, small and medium companies in the country, and this agreement with Jafza will reinforce its commitment to help stimulate diversified economic activity in the Emirate of Dubai by providing companies with a wide range of competitive travel incentives that allow them to Expand its business both regionally and globally.
Why is Dubai a desirable investment destination?
Ahmed Al Hammad stated that Dubai continues to enhance its reputation as a global business incubator and attractive to investors and projects from all over the world, thanks to the strategic support provided by the government and the private sector, and this has contributed to the prosperity of small and medium-sized companies in the Emirate of Dubai.
Today, these activities constitute nearly 95 percent of the total operating companies, and they employ 42 percent of the public force, and their contribution to Dubai's GDP is 40 percent.
Ahmed Al Hammad stated that their partnership with Emirates Airlines focuses on promoting growth through new travel offers that attract global investors and capital owners who can take advantage of the great opportunities available to them.
He also said that they are committed to their role as an economic engine for Dubai based on their 33.4 percent contribution to the emirate's GDP.
Emirates support for small and medium businesses
Emirates Airlines has a proven track record of supporting SMEs by purchasing products and services from a range of industries that have benefited from this support in introducing products to global travel audiences.
There are currently more than 20,000 SMEs registered in the Emirates Business Rewards Program for Rewarding Corporate Loyalty. of promotion opportunities.