May 18, 2020

13 fascinating facts about Jebel Ali Free Zone

Jafza
Jebel Ali Free Zone
UAE trade hub
Dubai trade hub
Bizclik Editor
2 min
13 fascinating facts about Jebel Ali Free Zone

In honour of the 30th birthday of Jebel Ali Free Zone (Jafza) earlier this year, we have rounded up 13 fascinating facts about the UAE’s largest trade and logistics hub.

  1. Jafza started out as a base for just 19 companies – it is now home to over 7,000 businesses.
     
  2. Today Jafza is home to businesses from over 100 countries.
     
  3. There are over 144,000 jobs at Jazfa.
     
  4. It attracts more than 32 percent of the UAE’s foreign direct investment.
     
  5. The value for trade at Jafza is $87.6 billion.
     
  6. Back in 2007 Jafza commissioned the largest customer relationship management (CRM) system in the region, processing close to a million transactions a year.
     
  7. An automated e-Gate system has just been introduced at the zone’s security gates, to help reduce queues ahead of Dubai Expo 2020.
     
  8. Jafza contributes over 21 percent of Dubai’s GDP.
     
  9. It is home to more than 230 Chinese companies from sectors ranging from electronics to automotive.
     
  10. There are over 800 Indian companies in Jafza.
     
  11. The workforce at Jafza rose by 8.5 percent in 2015.
     
  12. Jafza is currently implementing a sustainable retrofit project to reduce the energy consumption of its buildings and facilities by 30 percent.
     
  13. There is on-site accommodation for staff within the free zone with more than 10,000 rooms with occupancy rates reaching almost 99 percent. A new complex consisting of 30 buildings, each with 10 floors is planned, able to house an additional 30,000 employees with restaurants, retail stores and recreational areas.

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Jun 14, 2021

5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly

Tapoly
Insurance
Leadership
Digital
Kate Birch
3 min
Heading up Europe’s first on-demand insurance platform for the gig economy, Janthana Kaenprakhamroy is winning awards and leading with diversity

Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.

Here, Business Chief talks to Janthana about her leadership style and skills. 

What do you do, in a nutshell?

I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.

How would you describe your leadership style?

I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.

What’s the best leadership advice you’ve received?

Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.

How do you see leadership changing in a COVID world?

I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.

They say ‘from every crisis comes opportunity’, what opportunities do you see?

The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless. 

What advice would you give to your younger self just starting out in the industry?

Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.

 

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