Dubai Ports Corporation profits jump 33.5% in 2023

Dubai Ports, Customs and Free Zone Corporation achieved revenue of 1.75 billion dirhams (about 476.5 million dollars) for the fiscal year 2023.

The group’s net profits reached 654 million dirhams, an increase of 33.47 percent, compared to its profits for the year 2022, which then reached 490 million dirhams.

This came as the Foundation announced the launch of its annual report for the year 2023, which shows the outstanding path towards continuous development and improvement, by monitoring the most prominent results and achievements at the level of the various organizational units of the Foundation.

Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs and Free Zone Group, confirmed that the year 2023 witnessed a series of qualitative successes and achievements in all areas in which the Corporation specializes, through putting on soft and implementing a number of qualitative successes. proactive and innovative plans, projects and initiatives, which reflect the commitment of the Corporation to work with the leadership’s vision. provided to customers and partners.

The report indicated that the Ports, Customs and Free Zone Corporation provides more than 300 services through its various organizational units, including the Planning and Development Department – Trakhees, and the Authority . Dubai Navy, authority DPThe Office of the Shipping Agent for Timber Ships, and the Security and Deposit Departments.

Nasser Al Neyadi, CEO of Ports, Customs and Free Zone Corporation, confirmed that the Corporation is working to increase innovation and increase productivity in the context of the future strategy, focusing on the technologies implement the latest in order to ensure excellence in every step and achieve more exceptional success.

He said: “We are currently working in collaboration with all relevant teams to provide added value to various sectors of society, while maintaining quality standards between national and commitment to social and environmental responsibility. “

He also said that the Ports, Customs and Free Zone Corporation is using all its capabilities and capabilities to achieve economic vision and direction, especially the Dubai Economic Agenda “D33”, which aims to to launch innovative projects that will promote sustainable economic growth for the emirate, explaining that the Corporation has achieved outstanding performance results in several projects, which qualified it to win valuable and special awards, giving the including the Security Industry Innovation Award, the Most Inspiring Security Solutions Award, and the Best Working Environment Award.

By the end of 2023, the total number of employees of the group reached about 600 male and female employees, and the number of customers increased to more than 96,000 individual and corporate customers, and the number of suppliers 400 suppliers, and the number of customers. partners reached 26 strategic partners.