UAE Business: DMCC looks to grow $23bn UAE-US trade corridor – Gulf Digital News

  • Date: 28-Sep-2022
  • Source: Gulf Digital News
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

UAE Business: DMCC looks to grow $23bn UAE-US trade corridor – Gulf Digital News

DMCC , a flagship free zone and Government of Dubai Authority on commodities trade and enterprise, has concluded 'Made For Trade Live' events in Miami and New York as it seeks to attract more companies from the United States to the United Arab Emirates.

DMCC sees significant opportunities for growth in the UAE-US trade corridor, which was worth $23 billion in 2021. DMCC is home to more than a third of the approximately 1,500 US businesses in the UAE.

Following the success of 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.

The two US 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.

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, said