Dubai and Dallas airport zones ink alliance pact

DUBAI — The frees zone of Dubai Airport and foreign trade zone of Dallas/ Fort Worth International Airport, agreed on Sunday to join hands to create a “cooperative business channel” aimed at exchanging expertise and benefiting from business opportunities in global market.

By Issac John

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Published: Mon 19 Mar 2012, 10:39 PM

Last updated: Thu 2 Apr 2015, 9:43 PM

Dr Mohammed Al Zarooni, Director-General of Dubai Airport Freezone, or Dafz, and Jeffery P. Fegan, chief executive of Dallas/Fort Worth International Airport, or DFW, signed a Memorandum Of Understanding to set forth a framework for a collaborative alliance between the two organisations.

Shaikh Ahmed bin Saeed Al Maktoum, Chairman of DAFZ, and Mike Rawlings, Mayor of the City of Dallas, and other senior officials from both DAFZ and DFW were present on the occasion.

The signing of the MoU formalised the establishment of a Free Trade Zone Alliance between the two parties and outlined the framework of exchanging expertise, and benefiting from business opportunities.

Dr Zarooni said American businesses are among the 10 most active companies in the Freezone and through increased bilateral relations with DFW, DAFZ hopes to take advantage of the business opportunities available in the DFW region. “The non-stop direct flight services between Dubai and DFW announced last month will provide a major boost to the trade relations between the two cities.”

“Through this alliance, we aim at creating a platform to conduct joint promotional activities using the most efficient and effective approaches to capture on any and all opportunities of cooperation to achieve our shared goals. We foresee vast potential in the future cooperation that is expected to come out of the MoU,” said Dr Zarooni.

He said both airport zones could mutually benefit from the alliance by creating a cooperative business channel.

“The key objectives of signing this MOU are to exchange expertise, initiate and provide ideas and thoughts through open consultation and communications.

Together, we would like to take advantage of the business opportunities available in both cities and the ones resulting from the new non-stop air services commenced between Dubai and Dallas last month,” he said.

The alliance also seeks to create a platform to conduct joint promotional activities using the most efficient and effective approaches to capture opportunities of cooperation to achieve both sides’ shared goals.

Fegan said DFW, the fourth busiest airport for operations in the world, and the one with the highest capacity featuring seven runways, serves 145 domestic and 47 international destinations. Both airport zones are strategically located with excellent operations providing outstanding services, facilitating trade and commerce and providing easy access to hundreds of destinations through many different airlines. issacjohn@khaleejtimes.com


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