Dubai unveils plan for huge B2B wholesale market

  • Date: 21-Sep-2020
  • Source: Arabian Business
  • Sector:Economy
  • Country:uae-top-picks
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Dubai unveils plan for huge B2B wholesale market

Dubai's sovereign wealth fund on Monday announced the launch of Dubai Global Connect (DGC), a 1 million sq m B2B wholesale market in the emirate.

The Investment Corporation of Dubai (ICD) said the market will bring together buyers and sellers to safely and easily trade goods from all over the world, all year round in one central location.

Launched in partnership with Dubai South, the initial focus will be on three sectors which have been identified as being large enough in size, growing, and relevant to the region - furniture and living, food and fashion.

DGC has announced it has entered into a strategic alliance with US-based Market Center Management Company (MCMC) for the development and management of its permanent showroom environment which will be open to qualified retail buyers and designers, manufacturers,