Dubai, United Arab Emirates (CNN) – Lieutenant General Dhahi Khalfan, Deputy Chief of Dubai Police, said, Wednesday, that the Dubai Trade Route is not limited to the Gulf region, in his comment on the Saudi government’s announcement of its intention to stop contracting with all foreign companies that have regional headquarters outside the territories of Kingdom by 2024.
Khalfan said, in a series of tweets on his Twitter account, that “Dubai is no longer a regional site on the trade map, but an international site. 75% of Dubai’s imports are re-exported to countries of the world, and re-exports require a series of measures that Dubai has prepared for it and all difficulties have been overcome.”
He added, “Dubai is a strategic location for the products of more than two and a half billion, India, China and its vicinity, and Dubai’s markets see it in Africa and Asia as the most in need of commodities in the world.”
Khalfan stressed the importance of cooperation between the countries of the Gulf Cooperation Council, saying: “The lesson is that we are in a cooperation council, and this is the concept on which we raise our generations.” He said, “The decision to compel international companies to open or boycott their offices in the Kingdom may harm other Gulf countries that are much weaker economically than the Emirates. The UAE is recovering, thank God, and its end.”
And about whether Saudi Arabia’s decision on foreign companies would harm Dubai, Khalfan said, “This will not be because Dubai’s trade route is not limited to the Gulf region, which is its smallest market, but its trade movement is global.”
He added: “The idea that an international company that contracts with the government in government projects will have a head office in the Kingdom is a correct idea that is absolutely indispensable to protect its interests.” And he continued by saying: “We do not believe but rather believe that everything that is good for the Kingdom is good for us in the Emirates.” But some of the tweeters are bothered by that. “