Arab Today, arab today dmcc signs mou with us chamber of commerce
Last Updated : GMT 15:40:14
Arab Today, arab today
Arab Today, arab today

To strengthen economic and commercial ties

DMCC signs MoU with US Chamber of Commerce

Arab Today, arab today

Arab Today, arab today DMCC signs MoU with US Chamber of Commerce

Signing ceremony of Memorandum of Understanding
Dubai - Arab Today

Signing ceremony of Memorandum of Understanding Dubai Multi Commodities Centre (DMCC), Dubai's and the region's global gateway for commodity trade and enterprise, yesterday signed a Memorandum of Understanding (MoU) with the United States Chamber of Commerce (USCC), the world's largest business federation representing the interests of more than 3 million American businesses, to further promote trade between the UAE and USA.
The two countries are strategic trade partners and have been cooperating on a number of fronts for many years. The UAE is America's single largest export market in the Middle East, with over US$ 22.5 billion in exports in 2012 and over 1,000 firms have an on-the-ground and expanding presence in the UAE, 294 of which are based in the DMCC Free Zone and include Sri International, Water Technology, Harley-Davidson MENA, Hawker Beechcraft International, Chiquita Brands, Dunkin' Brands, Core Industries, Nas Jota and General Mills.
Signed in Almas Tower, the tallest commercial tower in the Middle East, the MoU aims at strengthening commercial relations and builds on the existing economic and strategic ties between the two nations. The US delegation present at the signing ceremony included US Chamber of Commerce Chief Operating Officer and Executive Vice President, David Chavern; Vice President of Turkey and Middle East Affairs at the US Chamber of Commerce, Khush Choksy; Director of Turkey and Middle East Affairs at the US Chamber of Commerce, Steve Lutes; and, President of the American Business Council of Dubai and Northern Emirates, Ramsey B. Jurdi. Ahmed Bin Sulayem, Executive Chairman, DMCC.
Commenting at the signing ceremony, Ahmed Bin Sulayem, Executive Chairman, DMCC said: "The US continues to be an important trading partner for the Emirate with UAE being home to over 1,000 US firms, more than 29% of which operate from the DMCC Free Zone. Today, approximately 200 dynamic international companies choose to invest in Dubai each month through establishing their presence here at the largest and fastest growing Free Zone in the UAE.
The US remains a key market for both DMCC and Dubai, and our MoU and further collaboration with the US Chamber of Commerce is the natural next step in enhancing the strong trading relations between the two nations as we continue to actively contribute to growing the Dubai economy."
David Chavern, the US Chamber of Commerce Chief Operating Officer and Executive Vice President, added:
"This milestone in our relationship speaks to our commitment to promote Dubai as a global hub for trade and finance, as well as our shared desire to take the US - UAE trade relationship to new heights. Ultimately, we want to make it easier for the more than 1,000 firms operating in the UAE to do more business here, and we want to open up opportunities for Emiratis to do more business in the United States. We look to the DMCC to help maintain and expand the trade relationship between our two countries, and you can count on the US Chamber of Commerce to be a partner in these efforts."
Based on the terms of the MoU, both DMCC and USCC will assist each other in arranging reciprocal trade and market research missions. Both parties will work to establish beneficial business contacts and further promote mutual trade.
With 66 mixed-use commercial and residential towers and over 220 operating retail outlets, there are currently over 80,000 people working and living within the DMCC Free Zone in Dubai. With an average of 200 companies choosing to join DMCC each month and a 94% retention rate, DMCC remains the UAE's largest and fastest growing Free Zone.
Source: WAM

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dmcc signs mou with us chamber of commerce Arab Today, arab today dmcc signs mou with us chamber of commerce

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Air raid kills eight women, child

GMT 06:42 2017 Friday ,17 February

Air raid kills eight women, child
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 10:26 2017 Thursday ,16 February

Dollar, equities stutter in Asia after Trump rally

GMT 08:45 2017 Thursday ,16 February

Hanjin saga reveals S.Korea corporate governance flaws

GMT 09:40 2017 Wednesday ,15 February

Heineken profits drained in 2016 by currency turmoil

GMT 09:10 2017 Tuesday ,14 February

Sharjah Chamber Eyes Strong Economic Ties with Belgium

GMT 08:23 2017 Tuesday ,14 February

Toshiba dives on shock loss-reporting delay

GMT 08:18 2017 Tuesday ,14 February

Banker-financier Mnuchin sworn in as US Treasury chief

GMT 09:14 2017 Monday ,13 February

Algeria buckles up for homegrown auto drive
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 15:16 2017 Sunday ,19 February

Apple to start India operations with iPhone SE

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday