Dubai Industrial City nearly doubled its number of tenants over past year



Dubai Industrial City signed up 212 new tenants last year, almost doubling the number of firms located on the park.

The industrial estate said it had increased the number of tenants to a total of 471 last year, leasing more than 5 million square feet of factory and warehouse space on the 55 square kilometre park, which stretches from Jebel Ali to the Abu Dhabi border.

New industrial tenants signing up over the year included Al Barakah Dates Factory and Interpro Wood Industries. Warehouse tenants included Juma Al Majid, Home Centre, Al Gurg Unilever and Al Futtaim Logistics, which have occupied a combined area of more than 940,000 sq ft.

Dubai Industrial City, which is one of 10 connected business parks formed by Tecom, a subsidiary of the state-controlled Dubai Holding, declined to say how much rent it was receiving in total from the park.

The industrial estate has so far spent a total of Dh6 billion (US$1.63bn), with Dh2bn of that coming from investors.

Quoting rents for warehouses stood at about Dh22 to Dh25 per sq ft per year. Quoting rents for industrial land on which firms can develop factories were about Dh2.5 to Dh3.5 per sq ft per year.

The company said it had completed work on 7 million sq ft of warehouses, of which 85 per cent was now leased.

It had also completed work on three 12,000-bed labour villages which it was leasing at a rate of Dh380 per bed per year.

"We expect a growth in the demand from local and regional companies for industrial products and various services offered by Dubai Industrial City," said Abdullah Belhoul, the managing director of Dubai Industrial City.

"These companies are actually benefiting from the overall growth of the local economy and the industrial sector."

Last January the estate launched a second phase of 3.5 million sq ft of warehouses and showrooms at a cost of Dh750 million.

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

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Best time to swim in the sea: When there is enough light to see beneath the surface

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Edinburgh: November 4 (unchanged)

Bahrain: November 15 (from September 15); second daily service from January 1

Kuwait: November 15 (from September 16)

Mumbai: January 1 (from October 27)

Ahmedabad: January 1 (from October 27)

Colombo: January 2 (from January 1)

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Source: Emirates

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2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

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2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

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Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

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Profile

Company name: Jaib

Started: January 2018

Co-founders: Fouad Jeryes and Sinan Taifour

Based: Jordan

Sector: FinTech

Total transactions: over $800,000 since January, 2018

Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups

Napoleon

Director: Ridley Scott
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COMPANY PROFILE

Name:+Xpanceo

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COMPANY PROFILE

Name: Haltia.ai
Started: 2023
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Number of employees: 41
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Biog:

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Important questions to consider

1. Where on the plane does my pet travel?

There are different types of travel available for pets:

  • Manifest cargo
  • Excess luggage in the hold
  • Excess luggage in the cabin

Each option is safe. The feasibility of each option is based on the size and breed of your pet, the airline they are traveling on and country they are travelling to.

 

2. What is the difference between my pet traveling as manifest cargo or as excess luggage?

If traveling as manifest cargo, your pet is traveling in the front hold of the plane and can travel with or without you being on the same plane. The cost of your pets travel is based on volumetric weight, in other words, the size of their travel crate.

If traveling as excess luggage, your pet will be in the rear hold of the plane and must be traveling under the ticket of a human passenger. The cost of your pets travel is based on the actual (combined) weight of your pet in their crate.

 

3. What happens when my pet arrives in the country they are traveling to?

As soon as the flight arrives, your pet will be taken from the plane straight to the airport terminal.

If your pet is traveling as excess luggage, they will taken to the oversized luggage area in the arrival hall. Once you clear passport control, you will be able to collect them at the same time as your normal luggage. As you exit the airport via the ‘something to declare’ customs channel you will be asked to present your pets travel paperwork to the customs official and / or the vet on duty. 

If your pet is traveling as manifest cargo, they will be taken to the Animal Reception Centre. There, their documentation will be reviewed by the staff of the ARC to ensure all is in order. At the same time, relevant customs formalities will be completed by staff based at the arriving airport. 

 

4. How long does the travel paperwork and other travel preparations take?

This depends entirely on the location that your pet is traveling to. Your pet relocation compnay will provide you with an accurate timeline of how long the relevant preparations will take and at what point in the process the various steps must be taken.

In some cases they can get your pet ‘travel ready’ in a few days. In others it can be up to six months or more.

 

5. What vaccinations does my pet need to travel?

Regardless of where your pet is traveling, they will need certain vaccinations. The exact vaccinations they need are entirely dependent on the location they are traveling to. The one vaccination that is mandatory for every country your pet may travel to is a rabies vaccination.

Other vaccinations may also be necessary. These will be advised to you as relevant. In every situation, it is essential to keep your vaccinations current and to not miss a due date, even by one day. To do so could severely hinder your pets travel plans.

Source: Pawsome Pets UAE

COMPANY PROFILE

Company: Eco Way
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If you go...

Etihad Airways flies from Abu Dhabi to Kuala Lumpur, from about Dh3,600. Air Asia currently flies from Kuala Lumpur to Terengganu, with Berjaya Hotels & Resorts planning to launch direct chartered flights to Redang Island in the near future. Rooms at The Taaras Beach and Spa Resort start from 680RM (Dh597).

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Al Ain 3
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Company profile

Date started: January, 2014

Founders: Mike Dawson, Varuna Singh, and Benita Rowe

Based: Dubai

Sector: Education technology

Size: Five employees

Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.

Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)

Russia's Muslim Heartlands

Dominic Rubin, Oxford


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