DMCC, the world’s leading Free Zone for trade and enterprise in Dubai, has teamed up with Maersk Trade Finance to offer a ‘one-stop-shop’ solution that handles both the flow of goods and financing.
The requirement was raised by DMCC’s Food Trade Group, set up in October 2016, an industry group aimed at growing the global food trade industry by connecting financiers and traders alike. As a result, DMCC and Maersk came together to provide the trade with a solution that meets both their shipping and financing needs including pre- and post-shipment finance. The announcement came at the annual DMCC Food Trade Group dinner in Dubai.
DMCC and Dubai SME will create a web-based trade finance platform
Trade finance platform will be Sharia-compliant
80 per cent of companies in DMCC Free Zone are SMEs
In line with the directive of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai concerning the one-day initiative A Day without Service Centres that aims to boost the use of government apps and e-services, please be advised that DMCC will suspend all physical and cash transactions at the Client Service Centres this Thursday 26 October 2017. All walk-in members are advised to use smart channels on that day.
DMCC, the world’s leading Free Zone for trade and enterprise, is one of the first Free Zones in the UAE to implement an ideas generation platform for member companies. The Ideas Management Platform is designed to provide members with an easy and convenient way to share their thoughts and suggestions on how to enhance the business community. The first cycle of the idea platform under the theme ‘Connections – Growing Big in DMCC’ has just convened. A dedicated team reviewed all the submissions that were released for a public vote on the DMCC member portal.
• Big day for Dubai as the DMCC Free Zone takes home World’s No.1 Fee Zone status 3 years in a row
• DMCC Free Zone contributes 9.6 per cent to Dubai’s GDP, says Ahmed Bin Sulayem, Executive Chairman, DMCC
DMCC, the world’s leading Free Zone for trade and enterprise in Dubai, has been named 'World’s No. 1 Free Zone’ by Financial Times’ fDi Magazine, three years in a row. 60 global Free Zones were evaluated. The full Global fDi Free Zones report is available here.
Ahmed Bin Sulayem, Executive Chairman, DMCC, said: “Shaping the future of trade, DMCC and its member companies have emerged as a major contributor to Dubai’s economy with a GDP contribution of 9.6 per cent. Winning ‘Global Free Zone of the Year’ for the third year in a row is an honour and a tribute to the over 13,700 companies which make up the DMCC Free Zone and contribute to our success every day, driving the next wave of growth and innovation.”
• Financial Times’ fDi Magazine awards Dubai’s DMCC its highest accolades, the Global and Middle East Free Zone of the Year Award
• DMCC won additional awards for SME, Smart City Strategy, Thought Leadership and other bespoke initiatives
DMCC, the world’s leading Free Zone for trade and enterprise in Dubai, has been named Global and Middle East Free Zone of the Year 2017 by Financial Times’ fDi Magazine. This is the third year in a row it has earned the award.
DMCC has established world-class infrastructure, products and services to anchor Dubai’s position as a leader within the global commodities sector and international trade. This award recognises the Free Zone for its sustainable growth, strong customer service, innovation and global thought leadership drive.
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