Media ININ Economy We Trust
Media IN Dubai, 2019-06-29
Dubai Multi Commodities Center (DMCC), the leading free zone in the world and the government of Dubai for commodities and projects, concluded its “Find for Trade” campaign in Barcelona, Spain on June 27.
The event, supported by the UAE Consulate General in Barcelona, was attended by more than 100 leaders and business leaders from the Spanish business community, who were introduced to the potential of the unique investment environment in Dubai and the promising opportunities offered by Expo 2020 Dubai for foreign companies.
The Dubai Multi Commodities Center (DMCC), in its role as a leading trade portal and portal on the global trade map of the participating delegations, presented an overview of the ease of doing business in the free zone of the Center and reviewed the factors that make Dubai an attractive business destination and a platform for expansion of international companies thanks to its strategic location and role as a link Connect all global markets.
The value of direct Spanish investments in the Emirate of Dubai reached 3.29 billion dirhams in 2018, making Spain the fourth largest investor in terms of capital inflows of foreign direct investment.
The majority of Spanish investments were concentrated in the non-residential construction sector, residential real estate, food services, arts and entertainment, leisure and recreation, corporate and retail management and retail.
DMCC has partnered with Spanish business group Foment del Tripol and Sabadell to organize its promotional campaign in Spain before hosting the second half of 2019 in Hangzhou, Qingdao, China and Stuttgart, Trier and Koblenz in Germany.
The Dubai Investment Development Corporation (DIFC) organized a promotional mission to Madrid, Barcelona and Seville in May to establish Dubai as a global investment destination and to showcase the benefits and opportunities for business in the region. Free zone through the launch of a Spanish-language website last year.
