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FINANCIAL NEWS
Dubai Auto Zone posts 63 percent rise in trade in H1
07 Jul 2014
(MENAFN) Dubai Auto Zone, DAZ, saw a 63 percent rise in its trade in the first six months of 2014, according to the Emirates 24/7.
DAZ trade during the period was estimated at USD1.360 billion, or USD544 million during the same period a year earlier.
DAZ is part of Economic Zones World and a sister organisation of Jafza, the U.A.E.’s flagship Free Zone operation.
Salma Ali Saif bin Hareb, CEO of Economic Zones World, commenting on DAZ’s growth said, “DAZ’s remarkable growth can be attributed to the excellent service quality and ease of operations that the Zone offers to its customers. The upgraded systems and procedures in DAZ now allow a person to buy a car without any restrictions or taxes, seamlessly. EZW is fully committed to support the growth of auto industry in the region by enhancing and expanding its facilities and service capability to enable them to meet growing demand of the auto industry for space at the Zone.”
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