Home » News » Dubai Multi-Product Center hosts 700 American companies Al Khaleej Newspaper

Dubai Multi-Product Center hosts 700 American companies Al Khaleej Newspaper

Dubai: “The Gulf”
The Dubai Multi-Product Center completed the second edition of its promotional tour in the United States this year, which was held in the cities of San Francisco in California and Denver in Colorado, in line with the Center’s efforts to improve trade flows and strengthen investment between the United States. UAE and the United States within major economic sectors.
In line with its efforts to reinforce the UAE’s position as the most attractive destination for foreign direct investment from the United States in the Middle East, DMCC briefed senior American officials on the supportive business environment and renowned in Dubai, including its world-class advanced infrastructure. and the various growth opportunities available for American companies in Dubai.
Opportunities
The DMCC currently includes approximately 700 American companies, representing over 45% of the 1,500 American companies operating from the UAE. It is worth noting that bilateral non-oil trade between the two countries recorded the highest levels ever, reaching $31.4 billion in the year 2023, which made DMCC fully believe about the size of the great opportunities for American companies that wanted to strengthen their presence in the country. area and expand the scope of their business.

Dubai is a favorite destination
Ahmed Bin Sulayem, CEO and Managing Director of DMCC, said: “Dubai has been a preferred destination for American companies in the region for many years. The highest levels of trade and investment flows we have achieved over the past year confirm this position enjoyed by the emirate, and also demonstrate its attractiveness to American companies, supported by several key components such as the size of our local market, our progressive. infrastructure, and our network of commercial relationships, not to mention the favorable climate for business and companies. The center’s free zone currently includes approximately 700 American companies, representing approximately half of the number of American companies operating in the UAE. We aim to strengthen the UAE’s position in the future by expanding the scope of our business systems and taking advantage of the incredible potential in promising sectors, such as technology, artificial intelligence, energy, and more.”
The events were held in partnership with Artify Group, the San Francisco Chamber of Commerce, the Bay Area Council (BAC), the Denver Metro Chamber of Commerce, the Colorado Office of Economic Development and International Trade, the Denver World Trade Center, and the Denver Mile High city.

2024-08-19 07:41:10
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