Dubai Customs: Dubais foreign trade in IT hardware up by 10% to AED 126 billion in H1 2014
In the light of the successful hosting of GITEX Technology Week, which attracted exhibitors and visitors from across the region and around the world, Dubai has firmly established its foothold as a global hub for trading in IT hardware.
Statistics released from Dubai Customs have shown that Dubais foreign trade in IT hardware for H1 2014 grew by 10% to AED 126 billion, compared to AED 115 billion for the first half of 2013.
The surge in trade volume of IT hardware is attributed to the growing local demand of such merchandise, due to the booming ICT sector to keep pace with the emirates efforts to become the worlds smartest city within three years.
Ahmed Abdul Salam Kazim, Director of Strategy and Corporate Excellence Department at Dubai Customs, noted The growth in Dubais foreign trade in IT hardware mirrors the successful transformation of the UAE into a Knowledge Economy.
This is clearly reflected in the Global Competitiveness Report issued by the World Economic Forum in 2014, which shows the countrys remarkable advancement in competitiveness indicators, becoming the 12th most competitive nation globally.
The project to establish a national space agency and send the first Arab spaceship to Mars by 2021 is the beginning of a new chapter in the UAEs scientific and technical progress, in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President, Prime Minister and Ruler of Dubai, to make a new reality for all and change the concept of city which the human being lives in so as to live with him through his smart phone, making him its key pivot."
Kazim as well added: We are optimally utilizing Dubai Customs resources in order to achieve this goal. Meanwhile, we are putting together the building blocks to support Dubai Customs transformation into the worlds smartest customs within Dubai as the worlds smartest city. We have scored an overriding progression in this frontier; in terms of using the latest IT applications in the development and delivery of customs services and facilitations, becoming the first fully smart government agency delivering its services via smart platforms 24/7.
He then added, We are keen on providing the best customs facilitations for trading in IT hardware, in an effect to enrich Dubais capacity to accommodate an even larger share of the world trade in these products. We are currently cooperating with the worlds most prominent mobile phones and laptop companies, seeking to leverage Dubais status as a starting point for their products distribution to the world.
