Company Insights Dubai Multi Commodities Centre Trade Dubai Multi Commodities Centre News DMCC opens Mumbai office as trade grows A Dubai-based free zone has opened a new representative office in Mumbai. Dubai Multi-Commodities Centre (DMCC) is host to 3,700 Indian businesses and is seeking to capitalise on a rise of trade between the UAE and India since the signing of a bilateral agreement last year. It announced the opening on Monday after concluding its […] May 15, 2023 Economy DMCC ‘well placed’ for more trade with Ukraine and Iran Trade and enterprise freezone the Dubai Multi Commodities Centre is looking to forge closer trade ties with both Ukraine and Iran to take advantage of the countries’ growing trade appetite. “Dubai is well placed to benefit from Saudi and Iran’s recent decision to resume diplomatic relations given the large number of Iranians living in Dubai […] May 5, 2023 Food & Drink Dubai tea bag producer brews record results DMCC Tea Centre has revealed production of tea bags at its Jebel Ali Free Zone facility was up 27 percent year on year in 2022. Saeed Al Suwaidi, director of agri-commodities at Dubai Multi-Commodities Centre (DMCC), described it as a “record-breaking” year and forecast further growth for 2023 driven by technology and automation. “We expect […] April 26, 2023 Analysis Real Estate Dubai preps office projects to ease supply squeeze Dubai needs a fresh wave of office development, analysts have said, to plug a shortage of prime space that could hinder the government’s efforts to attract more companies to the UAE. “The big story in Dubai’s office market is the shortage of grade A office space,” said Faisal Durrani, head of Middle East research at […] February 22, 2023 Analysis Tech and startups will drive future UAE and India trade growth Growing opportunities in manufacturing, agtech, food processing, healthtech and fintech will support future growth in bilateral trade between the UAE and India. While petroleum products and jewellery remain the most exported goods from India to Dubai as trade is set to touch $88 billion for the current fiscal year, the relationship is changing, with officials […] January 25, 2023 Analysis Retail Ecommerce delivers the goods for region’s retailers A Dubai free zone has set up an ecommerce platform to help drive growth in the Mena market, as new data reveals 91 percent of regional consumers bought products online in the past year. One in five shoppers said they purchased more online in the past 12 months compared to the year before, with fashion […] January 20, 2023 ANALYSIS Economy 200 billion reasons why the Gulf is China’s hottest trading partner When Deng Xiaoping, the former communist leader of China, started his modernisation drive in the late 20th century, he looked to the Middle East as the only place that could provide the enormous quantities of oil and gas that his country required to become a global powerhouse. By the end of this decade, less than […] September 22, 2022 Sustainability UAE launches think tank to drive net zero 2050 ambitions The launch of the UAE Independent Climate Change Accelerators (UICCA) was announced on Tuesday to drive the UAE’s commitment towards net zero by 2050. The UICCA is a non-partisan, climate action entity that will bring together members of the public and private sector, including academic institutions and non-governmental organisations (NGOs). In the lead-up to the […] September 21, 2022 Analysis Real Estate ‘Jury’s still out’ on hybrid working, says top fund manager “The jury’s still out” on the post-pandemic model of working partly in the office and partly at home, according to a leading UAE real estate investment trust (REIT) manager. Thierry Leleu, CEO of Equitativa, told AGBI that the “office sector is a sector that we are confident in here in the UAE.” Equitativa is manager […] September 21, 2022 Analysis Banking & Finance DeFi could go mainstream, with a little help from Gulf regulators For those who imagine a world without banks, decentralised finance – better known as DeFi – is an empowering development in the crypto universe. So, how does it put users in charge of their own finances? DeFi is the provision of financial products and services without the need for intermediaries such as banks, exchanges or […] September 14, 2022 Posts navigation Previous 1 … 3 4 5 Next
DMCC opens Mumbai office as trade grows A Dubai-based free zone has opened a new representative office in Mumbai. Dubai Multi-Commodities Centre (DMCC) is host to 3,700 Indian businesses and is seeking to capitalise on a rise of trade between the UAE and India since the signing of a bilateral agreement last year. It announced the opening on Monday after concluding its […] May 15, 2023
Economy DMCC ‘well placed’ for more trade with Ukraine and Iran Trade and enterprise freezone the Dubai Multi Commodities Centre is looking to forge closer trade ties with both Ukraine and Iran to take advantage of the countries’ growing trade appetite. “Dubai is well placed to benefit from Saudi and Iran’s recent decision to resume diplomatic relations given the large number of Iranians living in Dubai […] May 5, 2023
Food & Drink Dubai tea bag producer brews record results DMCC Tea Centre has revealed production of tea bags at its Jebel Ali Free Zone facility was up 27 percent year on year in 2022. Saeed Al Suwaidi, director of agri-commodities at Dubai Multi-Commodities Centre (DMCC), described it as a “record-breaking” year and forecast further growth for 2023 driven by technology and automation. “We expect […] April 26, 2023
Analysis Real Estate Dubai preps office projects to ease supply squeeze Dubai needs a fresh wave of office development, analysts have said, to plug a shortage of prime space that could hinder the government’s efforts to attract more companies to the UAE. “The big story in Dubai’s office market is the shortage of grade A office space,” said Faisal Durrani, head of Middle East research at […] February 22, 2023
Analysis Tech and startups will drive future UAE and India trade growth Growing opportunities in manufacturing, agtech, food processing, healthtech and fintech will support future growth in bilateral trade between the UAE and India. While petroleum products and jewellery remain the most exported goods from India to Dubai as trade is set to touch $88 billion for the current fiscal year, the relationship is changing, with officials […] January 25, 2023
Analysis Retail Ecommerce delivers the goods for region’s retailers A Dubai free zone has set up an ecommerce platform to help drive growth in the Mena market, as new data reveals 91 percent of regional consumers bought products online in the past year. One in five shoppers said they purchased more online in the past 12 months compared to the year before, with fashion […] January 20, 2023
ANALYSIS Economy 200 billion reasons why the Gulf is China’s hottest trading partner When Deng Xiaoping, the former communist leader of China, started his modernisation drive in the late 20th century, he looked to the Middle East as the only place that could provide the enormous quantities of oil and gas that his country required to become a global powerhouse. By the end of this decade, less than […] September 22, 2022
Sustainability UAE launches think tank to drive net zero 2050 ambitions The launch of the UAE Independent Climate Change Accelerators (UICCA) was announced on Tuesday to drive the UAE’s commitment towards net zero by 2050. The UICCA is a non-partisan, climate action entity that will bring together members of the public and private sector, including academic institutions and non-governmental organisations (NGOs). In the lead-up to the […] September 21, 2022
Analysis Real Estate ‘Jury’s still out’ on hybrid working, says top fund manager “The jury’s still out” on the post-pandemic model of working partly in the office and partly at home, according to a leading UAE real estate investment trust (REIT) manager. Thierry Leleu, CEO of Equitativa, told AGBI that the “office sector is a sector that we are confident in here in the UAE.” Equitativa is manager […] September 21, 2022
Analysis Banking & Finance DeFi could go mainstream, with a little help from Gulf regulators For those who imagine a world without banks, decentralised finance – better known as DeFi – is an empowering development in the crypto universe. So, how does it put users in charge of their own finances? DeFi is the provision of financial products and services without the need for intermediaries such as banks, exchanges or […] September 14, 2022
