DMCC concludes US roadshows, aims to grow UAE-US trade corridor

Dubai Multi Commodities Centre (DMCC) has successfully concluded Made For Trade Live events in Miami and New York, aiming to attract more companies from the US to the UAE.

DMCC sees significant opportunities for growth in the UAE–US trade corridor, which was worth $23bn in 2021.

DMCC has played a significant role in enhancing the UAE-US trade and business relations and currently hosts over 634 leading American businesses, which use the free zone as a hub for doing business with countries around the world. There are around 1,500 US businesses in the UAE, according to a report published by the Dubai Media Office.

The two Made For Trade Live events were hosted in partnership with AmCham Dubai, Brooklyn Chamber of Commerce and Versailles Ventures. They saw 120 business leaders from Miami and New York briefed on the commercial appeal of Dubai and the ease of doing business with DMCC, the fastest growing and most interconnected free zone in the world.

DMCC has concluded its #MadeForTrade Live events in #Miami and #NewYork, with 120 business leaders briefed on the ease of doing business with DMCC and #Dubai‘s commercial appeal. Read more about the plans to grow the $23bn UAE-US trade corridor: https://t.co/eOjelppoYD pic.twitter.com/R3HK2BFhV3

— DMCC (@DMCCAuthority) September 28, 2022

With Dubai firmly positioned as a global hub for financial services, crypto and commodities trade, DMCC executives also highlighted the opportunities in Dubai for US businesses in these key areas.

Ahmed Bin Sulayem, executive chairman and CEO of DMCC, said, “With its truly world-leading trade infrastructure, pro-business regulations and policies, as well as its drive to be a global hub in critical areas such as crypto and commodities trade, Dubai is the perfect place for US businesses to expand their operations. These trade roadshows allow DMCC to highlight the Dubai and wider UAE opportunities and reflect on our mandate of facilitating trade, removing barriers to entry and unlocking new business opportunities. We were thrilled to be on the ground in the United States maintaining and forging new relationships that will unlock a host of exciting new commercial opportunities and, ultimately, strengthen global trade.”

Today’s #MadeForTrade Live event in #Miami highlights #Dubai’s investment landscape and how #American businesses can expand to #newmarkets. Attendees also learn about the economic benefits available for both the #US and the #UAE. pic.twitter.com/sWWjfhvhw2

— DMCC (@DMCCAuthority) September 27, 2022

Cara Nazari, MD, AmCham Dubai, said, “Time and again, we have seen Dubai’s remarkable ability to act as a catalyst for the international growth of American businesses. DMCC’s work in highlighting this opportunity to key markets in New York and Miami aligns perfectly with our mission, which is why we are proud to support their outreach through these important roadshows.”

Randy Peers, president and CEO of the Brooklyn Chamber of Commerce, added, “It is clear that through DMCC and Dubai, any American business has the ability to target some of the world’s fastest-growing markets. We look forward to working with DMCC on further events like this in the future.”

Following the two events in the US, DMCC’s executive management team will be continuing the tour and travelling to South America to engage with the business communities in Brazil over the coming weeks.