Dubai Wholesale City to boost cooperation with potential Spanish business partners

DUBAI, 21st August, 2016 (WAM) — In line with its mandate to boost Dubai’s credentials as a wholesale hub of choice and as part of ongoing efforts to strengthen cooperation with partners and stakeholders from the private and public sector within and outside the UAE, Dubai Wholesale City, DWSC, welcomed a delegation from the Spanish embassy to explore emerging opportunities and key challenges in building synergies.

Abdulla Belhoul, CEO of Dubai Wholesale City, and several senior officials from DWSC welcomed Victor Suanzes, Commercial Attache at the Spanish embassy in the UAE and Luis Cardenas Galvez, International Trade and Investment Advisor at the Economic and Commercial Office of Spain in Dubai.

Belhoul provided the visitors with an overview of DWSC’s vision and mission, as well as its strategic plans for short- and long-term development. Highlighting Dubai Wholesale City’s macro role as a global hub for wholesale trade, he outlined the key mandate of the newly launched city and the facilities provided to tenants. He also underlined its ambition to emerge as a major contributor to the UAE’s economic diversification process.

He invited Spanish businesses and companies to benefit from the investor-friendly environment offered by Dubai Wholesale City that complements the state-of-the-art infrastructure, superior network of roads, ports and airports, and enabling regulatory framework of the UAE.

Belhoul said, “We are pleased to step-up cooperation with Spanish companies. Spain is a unique trading partner for the UAE, and bilateral trade volumes are estimated at 2 billion Euros per annum. The UAE is the most prominent center for re-export of Spanish products to the region.

“Spanish businesses can take advantage of our integrated services and facilities to achieve tremendous growth locally, regionally and globally. Dubai Wholesale City serves as the ideal partner of choice in supporting these companies to achieve their business objectives.”

Dubai Wholesale City is a member of the TECOM Group, and is a global fully integrated wholesale trading hub. Spanning an area of over 550 million sq.ft., the destination was established to serve as a global primary one-stop shop for traders, catering to all wholesale needs.