27 May 2015, Dubai, UAE: DMCC, one of the world’s leading commodity hubs for trade and enterprise and the largest and fastest growing Free Zone in the UAE, today signed an Memorandum of Understanding (‘MOU’) with the Dubai Maritime City Authority.
The MOU provides a collaborative framework for DMCC Free Zone and Dubai Maritime City Authority to help promote Dubai to the maritime sector as a global destination for companies wanting to set up and expand into the GCC and MENA region. The MOU will also jointly explore the development and implementation of m-Government initiatives relevant to the maritime sector in Dubai in accordance with the Dubai Smart Government initiative.
In their first official collaboration following the MOU signing ceremony, DMCC will join DMCA at their stand at the Nor-shipping Trade Fair from June 2 to June 5 in Oslo, Norway to jointly promote Dubai as a business hub for the MENA region
The signing ceremony was attended by the Executive Chairman of DMCC, Ahmed Bin Sulayem and Amer Ali, Executive Director, Dubai Maritime City Authority.
Krysta Fox, Head of Free Zone at DMCC, said: “This MOU is an important framework for DMCC. It reflects our strong support for the maritime sector in Dubai and is part of our ongoing efforts to promote Dubai and attract new companies to our Free Zone as well as delivering more ideas and innovative technologies to the maritime industry.”
Amer Ali, Executive Director Dubai Maritime City Authority, said: “There is great opportunity with the DMCC Free Zone to collaborate and implement maritime projects at home and abroad. We are excited to be drawing on our respective strengths and to deliver the right messages to the market that Dubai can be your global maritime hub for the GCC and MENA region. This cooperation is in line with our Dubai maritime sector strategy, and our continuous efforts to provide the maritime community with attractive and reliable product offerings. DMCC is an ideal partner for us to achieve this vision.”