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DMCC Paves the Way for Global Trade in Dubai

Retailer

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May-July 2024

The Dubai Multi Commodities Centre, or DMCC, is a leading global business district that enables trade to and through Dubai.

- NUSRA

DMCC Paves the Way for Global Trade in Dubai

Over 24,000 companies have handpicked DMCC as the place to grow their business. This is because they realise the opportunities and value of being based in Dubai and by choosing DMCC. Talking to Retailer, Saeed Al Suwaidi, Director - Agri Commodities, DMCC shared, “We provide dedicated ecosystems for a range of strategic and high-growth areas. This includes our suite of commodities including coffee, tea, energy, gold and diamonds, as well as highvalue services in technologies such as crypto, gaming, AI, and e-commerce. This allows like-minded businesses across our community to connect with their peers, tap into talent, and collaborate on opportunities.”

Because of all of this, they have become a major facilitator of foreign direct investment (FDI) and account for approximately 11 percent of all FDI to Dubai. DMCC has also been recognised as ‘Global Free Zone of the Year’ for nine consecutive years by the Financial Times’ FDI Magazine. Excerpts from the interview:

Q. What’s your plan expanding the soft commodity portfolio in Dubai and other regions?

DMCC is actively advancing agricultural commodities trade, focused on bolstering ties between the UAE and key producing markets. We do this through our agri ecosystem, which serves as a gateway for trade and spans a diverse portfolio, which is championed by our work in coffee and tea.

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