PCFC's key role in facilitating trade flows through Dubai highlighted

Nasser Al Neyadi, CEO of the Ports, Customs and Free Zone Corporation (PCFC), announced an exceptional year for the organisation with its achievements going beyond sheer economic figures to redefine the emirate’s position on the global trade map.

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Inspired by the bold development vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Al Neyadi noted that the PCFC’s commercial operations generated Dhs708 billion through 2024, reinforcing its role in facilitating trade flows through Dubai and as a financial and strategic pillar of the government budget while supporting Dubai's global leadership in growth, sustainability, and competitiveness indicators.

Al Neyadi was speaking during a ‘Meet the CEO’ session organised by the Government of Dubai Media Office that was attended by senior media figures and editors-in-chief of UAE newspapers.

Tracing back the journey of Dubai's customs and ports authorities to the establishment of the Furda Department on the shores of Dubai Creek in 1886, Neyadi recalled how that early institution marked the foundation of trade in the emirate, helping it evolve from modest resources and limited capabilities by virtue of its steadfast vision backed by unbounded determination. As one of the oldest public entities in the region, the Furda Department mirrored the start of Dubai's transformation journey, propelling it into the vanguard of the world’s most important commercial and maritime hubs, he noted.