DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has completed a European roadshow during which it signed two Memorandum of Understandings (MoU) to strengthen collaboration with key counterparts, attract foreign direct investment to Dubai and showcase the ease of doing business in the United Arab Emirates. The roadshow included events in Spain, Monaco, Belgium, and The Netherlands with various meetings held with strategic partners at each stage.
The DMCC team met with His Excellency Jean Castellini, Minister of Finance and Economy – Ministry of State Monaco during the visit to the city to discuss boosting Dubai-Monaco trade opportunities. While in Spain, DMCC signed an agreement with Fomento del Trabajo Nacional, the main employer organization in Cataluña, to further develop the existing relationship between the two parties and showcase the commercial appeal of Dubai to firms in the region.
The second MoU was signed with Rotterdam Partners, an Investment and Promotion Agency in The Netherlands, to cooperate on matters of mutual interest and benefit. The MoU was signed in the presence of the Mayor of Rotterdam, HE Ahmed Aboutaleb, who welcomed the agreement.
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “This roadshow forms an integral part of DMCC’s ongoing strategy to engage with key markets and stakeholders in line with our mandate of attracting innovators, investors, entrepreneurs, and business leaders to Dubai. We are thrilled to have had the opportunity to be on the ground to showcase the potential Dubai and DMCC offer”.
David Tornos, General Secretary, Fomento del Trabajo Nacional, said: “We have collaborated with DMCC on several occasions and decided to formalize our relationship through this agreement based on our shared goals. DMCC’s ecosystem offers a great value add to the host of Spanish businesses looking to reach new global markets. We see tremendous potential through this collaboration and we very much look forward to what the future holds.”
Wilbert Lek, Managing Director, Rotterdam Partners, said: “Dubai and Rotterdam have a lot in common, foremost a passion for innovation. Through our collaboration with DMCC, we will offer Dutch companies the opportunity to explore a thriving business and commercial hub in Dubai and we are looking forward to welcoming companies from the Emirates to Rotterdam. We are excited to be working with DMCC and opening doors for businesses in both cities, to learn and grow.”