Company has 50 entities operating through 250 subsidiaries with annual revenues of $3.2 billion
Dubai, UAE – October 24, 2014 - Dubai Airport Freezone Authority (DAFZA) includes Roper Middle East, a leading provider of engineered products and solutions for global niche markets, including software information networks, medical, water, energy, and transportation, among its roster of high-profile multinational corporate clients to fortify its business in the region. Roper has around 50 entities operating through 250 subsidiaries around the world with annual revenues of $3.2 billion.
The inauguration ceremony was attended by DAFZA officials, Dr. Mohammed Al Zarooni Director General; Nasser Al Madani, Assistant Director General; Amna Lootah, Senior Executive Director of Finance and Commercial division and Ayoub Al Hammadi, Executive Director of Customer Relations and Licensing division. This is in addition to, Munther Juma, Managing Director at Roper ME; David Liner, VP Legal at Roper HQ; Tracy Marks, President at TransCore Max Stienhardt & President of The Cbord Group; Karim Rizkallah, General Manager at Transcore Dubai; Imad Melhem, Sales & Marketing Director at Verathon Medical; Keith Sturges, Executive Advisor at Sunquest information Systems, Roper Middle East, and other senior officials from both sides.
Roper aims to grow its business and strengthen its presence in the region through its new office which will benefit from DAFZA’s advanced infrastructure and modern facilities, among other advantages. The Dubai branch will primarily support the medical segment – including food management systems, laboratories and medical devices – and also pursue business opportunities in oil and gas and engineering technology.
Roper provides a wide range of products and services to a customer base spanning over 100 countries worldwide. It is divided across four main business lines—Industrial Technology, Radio Frequency Technology, Scientific & Industrial Imaging, and Energy Systems & Controls.
Dr. Mohammed Al Zarooni Director General, DAFZA said: “We are committed to providing a comprehensive package of integrated services for companies currently operating at DAFZA as well as organizations interested in taking advantage of the business opportunities and special geographical location of the freezone. We are ready to meet the unique requirements of companies with respect to the nature of their work. DAFZA warmly welcomes Roper Middle East and appreciates its choice of our freezone as a new gateway for its business.”
Dr. Al Zarooni added: “We work hard to be the best option for companies operating at our premises through the provision of a competitive infrastructure designed according to the highest international standards, in addition to services and facilities capable of helping our customers achieve the highest levels of performance and profitability from their investments.”
For his part, Munther Juma, Managing Director at Roper ME said: “The services and facilities that DAFZA offers along with the UAE’s flexible investment laws and regulations have made it home to many foreign investors establishing main business centers in Dubai or the broader Middle East. We consider our presence in DAFZA a great asset as it provides us with a strategic location near the Dubai International Airport, access to all the facilities and services necessary for us to conduct business, and the positive impact of its reputation as a world-class headquarters for companies seeking to invest in the region.”
He added: “Roper Middle East will initially host seven entities and will eventually grow its local base to serve more of its global business. Parent company Roper Industries currently owns TransCore, the transportation firm managing Dubai’s road tolling system.”
Now on its 30th year as a public company, Roper has built a family of leading niche businesses that provide engineered products, software, and services for diverse end-markets. Its strong operating capabilities convert end-market potential into profitable growth and cash flow in order to create value for its investors. Roper is included in the S&P 500, Fortune 1000 and Russell 1000 Indexes and trades on the New York Stock Exchange under the symbol ROP.
About Dubai Airport Freezone Authority (DAFZA)
Established in 1996 as a part of the Dubai Government's strategic plan to be an investment-driven economy, DAFZA is one of the fastest growing premium free zones in the region. The free zone is currently home to over 1,600 companies from various industry sectors, including aviation, freight and logistics, IT and telecommunications, pharmaceuticals, engineering, food & beverage, jewellery and cosmetics. Located strategically within the boundaries of the Dubai International Airport, DAFZA offers a wide range of modern facilities with state-of-the-art infrastructure.
International investors can enjoy dynamic growth through DAFZA's excellent incentive packages – including 100 per cent tax exemption, 100 per cent foreign ownership, and no currency restrictions.
DAFZA has also won many regional and international awards. It received the prestigious Dubai Quality Award (DQA) for 2013 and was awarded the titles of Global Free Zones of the Future 2012/13 and top Middle East Free Zones of the Future 2013/14 by Foreign Direct Investment (fDi) magazine.
DAFZA’s commitment to quality is also recognized by worldwide ISO certificates for Quality, Environment, Health & Safety, Information Security Management System, as well as Complaints Handling System.