Prime officers pose for a gaggle photograph in the course of the occasion.
Gulf Immediately, Employees Reporter
The Dubai Multi Commodities Middle (DMCC), the principle free zone in Dubai with 23,600 registered companies, collaborated with the Hong Kong-Center East Enterprise Chamber (HKMEBC) to collectively set up a serious seminar on September 21, 2023.
Titled ‘Embracing New Enterprise Alternatives: Navigating Hong Kong-Dubai Commerce Connections’, the seminar attracted an viewers of 500 folks and explored numerous facets of enterprise alternatives within the Center East, highlighting the fruitful growth of the commerce hyperlinks between Hong Kong and the area.
Through the occasion, DMCC and HKMEBC signed a Memorandum of Understanding (MOU), demonstrating their dedication to mutual assist for the targets of the Belt and Highway Initiative and exploring collaborations between the enterprise {and professional} communities of each areas. This MOU displays the sturdy financial partnership between Hong Kong and the Center East.
Established by Royal Decree in 2002, DMCC goals to enhance the move of commodity buying and selling. It goals to consolidate Dubai as the popular international vacation spot for commodity buying and selling and as a number one free zone worldwide. At present, DMCC is house to a complete of 23,600 firms throughout ten sectors, together with conventional commodities, know-how and communications, power, finance, media and advertising, skilled providers and healthcare.
Highlighting the organisation’s achievements, Ahmed Bin Sulayem, Chairman and CEO of DMCC, mentioned: “In simply 20 years, DMCC has reworked Dubai into a world commodity buying and selling heart.
With greater than 23,000 firms unfold throughout numerous sectors, DMCC is greater than a uncooked material-free zone; it fosters a various group of greater than 80,000 workers.”
Mr Sulayem drew parallels between Hong Kong’s connections with neighboring areas and Dubai’s connections with neighboring areas, highlighting their shared financial priorities and safety pursuits. He added: “Immediately, DMCC is answerable for 11% of all international direct funding in Dubai. This is a crucial demonstration of the worth of free commerce between Dubai and the remainder of the world.”
