dmcc signs mou with us chamber of commerce
Last Updated : GMT 23:11:36
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

arabstoday
arabstoday

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*

dmcc signs mou with us chamber of commerce dmcc signs mou with us chamber of commerce

 



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*

dmcc signs mou with us chamber of commerce dmcc signs mou with us chamber of commerce

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Banyan Tree Phuket Takes Festive Season

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Top Democrat faces investigation

GMT 09:50 2017 Friday ,17 November

Top Democrat faces investigation
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Angola oil boss sacked by father's protege

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Urban, young and active?

GMT 11:01 2017 Thursday ,16 November

Urban, young and active?
Arab Today, arab today Ayten Amer happy for “The Flood” success

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success
Arab Today, arab today Unloved vultures fight for their survival

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 08:21 2017 Tuesday ,14 November

Nelly Karim focuses on humanitarian roles

GMT 09:23 2017 Wednesday ,15 November

Years melt away as Bening & Bell play unlikely lovers

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 13:40 2017 Monday ,13 November

Pollution spikes in Delhi amid warnings

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 10:55 2017 Thursday ,16 November

UN warns fuel running out

GMT 01:04 2017 Wednesday ,15 November

In Morocco, a blue tourist town

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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