DMCC’s Business Support Package discussed during virtual meeting

Business Bureau, Gulf Today

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – hosted a briefing call yesterday (28 April 2020) with Mansoor Abulhoul, Ambassador of the United Arab Emirates to the United Kingdom via a virtual conference.

During the call, the two leaders praised the UAE government for its exemplary response and swift actions to protect public health, which have stemmed the spread of COVID-19 across the country. They also praised the tremendous effort from the health workers and emergency services in caring for those affected in the United Kingdom.

The ambassador was also briefed on DMCC’s strategy to support Dubai’s economic resilience, including the recent launch of the ‘Business Support Package’ – DMCC’s largest ever commercial campaign to attract new companies to DMCC, and support the 17,000 existing members.

Mansoor Abulhoul commended DMCC’s commitment to UK firms in the UAE: “DMCC plays an important role in driving the UAE’s economic diversification agenda. The support that DMCC has shown its member companies demonstrates what a true partnership stands for. British companies already contribute significantly to the UAE’s economy and we are confident that they will continue to look to Dubai as a place to set up, expand and do business with the world.”

The pair also discussed the strategic relationship between the UAE and the UK. Both Ahmed Bin Sulayem and Mansoor Abulhoul committed to work together in the weeks and months ahead to further strengthen bilateral ties, attract British businesses to the UAE, and support the presence of UAE businesses in the United Kingdom.

Ahmed Bin Sulayem said: “These are challenging times for all, and DMCC has had to adapt. This is why we acted swiftly to launch a comprehensive programme of support for existing DMCC members, and increase our digital engagement with international stakeholders to attract new companies as well; the UK being a perfect example. We have partnered with the British Business Council in Dubai, and London Chamber of Commerce and Industry to deliver our latest online event showcasing the UAE’s commercial appeal to British industry, and highlighting that both Dubai and DMCC are very much open for business. DMCC has always valued the support of the UAE Embassy in London, and we look forward to working with His Excellency’s team long into the future.”

The online briefing between the two leaders took place just a few days ahead of DMCC’s upcoming ‘Made For Trade Live (MFTL) London’. The online event takes place on 5 May 2020 in conjunction with the London Chamber of Commerce and Industry and the British Business Group in Dubai. The event is designed to brief UK firms on the commercial opportunities available in Dubai, and the ease of setting up a business in DMCC.

Headquartered in Dubai, DMCC is the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities. Whether developing vibrant neighbourhoods with world-class property like Jumeirah Lakes Towers and the much-anticipated Uptown Dubai, or delivering high performance business services, DMCC provides everything its dynamic community needs to live, work and thrive. Made for Trade, DMCC is proud to sustain and grow Dubai’s position as the place to be for global trade today and long into the future.

DMCC has firmly established Dubai as a leading centre for trading international commodities and the world’s fastest-growing Free Zone. DMCC regulates, promotes and facilitates trade across a range of goods from gold, diamonds and precious metals to tea, food and industrial materials. Today, as home to major multinationals and start-ups, DMCC connects more than 17,000 businesses with the world-class services, leading infrastructure and vibrant community they need to thrive and succeed.

DMCC is a government entity established in 2002 to enhance commodity trade flows through Dubai. It performs a range of roles which continue to position Dubai as the preferred destination for global commodities trade and DMCC as the world’s No.1 Free Zone.

As a Government of Dubai Authority, DMCC is dedicated to establishing Dubai as the global gateway to the Middle East for trade in a wide range of commodities, while enabling its members to succeed through the delivery of continuous innovation in business services and infrastructure.

Trading is at the heart of DMCC’s vision to promote Dubai as a thriving, diverse economy. As a world centre for global commodities trade, DMCC is playing a key role to drive continued economic development and at the same time act as a trusted partner to support members.