Dubai is fifth among global maritime business centre
Dubai has established itself again as one of the leading maritime centres in the world, edging out competition from Hamburg and New York. According to a report, Dubai earned the fifth position based on ease of doing business (EoDB), and location. The index also considered port factors, number of players in maritime support businesses such as shipbroking, ship management and ship financing, along with general business environment factors such as customs tariffs, extent of electronic government services, and logistics performance. Over the years, Dubai’s investments in its ports made it a leading maritime hub. DP World’s Jebel Ali Free Zone (Jafza) witnessed the highest customer registrations in a decade, marking a 30 per cent year on year growth, and taking the total number of companies to over 9,500 in 2022.