DMCC plans to launch Cacao Centre in Dubai

dubai cacao dmcc centre
UAE
  • Date: 25-Apr-2021
  • Source: Mubasher
  • Sector: Agriculture
  • Country: UAE
  • Share:

DMCC plans to launch Cacao Centre in Dubai

UAE - Mubasher: The Dubai Multi Commodities Centre (DMCC) has planned to launch a state-of-the-art DMCC Cacao Centre in Dubai, as part of its objective to transform the emirate into an international trade hub for the in-demand superfood.  To achieve this objective, DMCC will initially introduce a select range of cacao services within its DMCC Coffee Centre in Jebel Ali starting from mid-2021, according to a press release on Sunday. The DMCC Cacao Centre will provide a number of services for the cacao shell, fruit, and beans to meet the rising global demand for cacao-related products. DMCC is contacting a number of cacao industry players, including Blue Stripes Urban Cacao and stakeholders across West Africa and South America, to understand the needs of the market and how the emirate can contribute to supporting its sustainable growth. The Executive Chairman and CEO of DMCC, Ahmed bin Sulayem, commented: "Whilst connecting producers with consumers will be an important part of our model, we will ensure DMCC Cacao Centre follows our high-level approach toward sustainability, which prioritises driving value across the entire supply chain."

UAE adopts its largest legislative reform in its history via 40 new laws and changes

Goldman Sachs thinks these 6 global stocks could rally by 60% or more

Goldman Sachs says these 6 energy stocks still have plenty of room to run

Sheikh Mohammed approves housing projects worth Dhs3.8 billion in Dubai