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Dubai Customs launches World Logistics Passport

09:23 PM | 13 Oct, 2019
Dubai Customs launches World Logistics Passport
DUBAIDubai Customs have launched the World Logistics Passport, as part of the first phase of the Dubai Silk Road strategy, to help boost the role of the Dubai Silk Road and expand demand for Dubai’s products, services and integrated transportation systems.

The unique initiative will also further augment the growing role played by Dubai Customs in regional and international trade.

Commenting on the initiative, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said the implementation of the Dubai Silk Road strategy marks the beginning of a new phase of economic growth that will further boost Dubai’s position as a global economic and business hub, powered by its exceptional connectivity and logistics services.

https://twitter.com/DXBMediaOffice/status/1183366169211887616

Sheikh Hamdan said the Dubai Silk Road strategy paves the way for a major leap in growth that will expand the UAE’s role in the global economy based on the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. He emphasised the importance of the logistics sector as a key driver of economic diversification, as highlighted by the 50-year Charter.

"Through this strategy, we will offer many privileges and services that will help connect international markets by mobilising Dubai’s resources and infrastructure.

The investments we made in Dubai’s ports, airports and free zones have made the city a global logistics hub and a bridge between the east and the west. The Dubai Silk Road strategy responds to the changes in international trade by offering new state-of-the-art logistics services using the latest smart applications," said Sheikh Hamdan.

Sheikh Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman and Chief Executive of Emirates Airline and Group, added: "Dubai’s sophisticated logistics services will further enhance the value offered to investors and businesses by saving time and efforts and reducing their operational costs. This is a powerful tool that will eventually lead to increased revenues. We are keen to offer investors and businesses new advantages in conducting global trade."

The World Logistics Passport offers a set of unique operational and financial advantages for businesses and shipping companies by connecting government entities, including Dubai Customs and Dubai Trade, with logistics service providers, such as DP World and Data, and facilitating commercial transactions among the bodies concerned in Dubai.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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