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DMCC to create opportunities in the food sector

The Dubai Multi Commodities Centre (DMCC) hosted a gala reception for exhibitors at Gulfood 2007, the 12th Gulf Food, Hotel and Equipment exhibition currently being held at the Dubai International Convention Centre.

United Arab Emirates: Thursday, February 22 - 2007 at 11:47
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Ahmed bin Sulayem, Chief Operating Officer, DMCC welcoming guests at the reception hosted by DMCC for exhibitors at Gulfood 2007.

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DMCC is participating at the Gulfood exhibition for the first time, in preparation for the development of the commodities market in the food sector.

'DMCC is creating opportunities in the food sector, specifically in wheat, pulses, grains, tea and other foodstuffs,' said Ahmed bin Sulayem, Chief Operating Officer of DMCC, as he welcomed more than 3,000 guests. 'One of our initiatives is the Dubai Tea Trading Centre, which has had a significant positive impact on the tea trade in the region. More than 6.6 million kilos of multi-origin teas were transacted through the Centre since it began operations in March 2005. '

The outdoor reception with live music, dancing and shisha facilities enabled guests to have a taste of true Arabian hospitality.

Gulfood is the region's largest and most important industry event and a strategic platform for buyers and sellers to conduct business face to face. The exhibition is a showcase for manufacturers, distributors and suppliers from around the world, representing all the key segments in the food and hospitality sector.

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Dubai Multi Commodity Centre (DMCC)
DMCC was created in 2002 as a strategic initiative of the Dubai Government to establish a commodity marketplace in Dubai. Rated 'A' by Standard & Poor's, it provides the market infrastructure that brings together a wide range of commodities activities, and is committed to serve the needs of participants in the gold, diamonds and commodities markets. Resident companies of DMCC are offered highly attractive benefits under a free zone status, including a 50-year guaranteed tax holiday, 100 per cent business ownership, full ownership of business premises, and a secure regulated environment.

For further information, please contact:

Nicholas Nesson / Sudha Chandran
ASDA'A Public Relations
Exclusive Affiliate of Edelman, Middle East & North Africa
Dubai, UAE
Tel: 971-4-3355969, Fax: 971-4-3356080
Mob: 971-50-4785324 / 971-50-6588063

Posted by Anne-Birte Stensgaard, Senior News Editor
Thursday, February 22 - 2007 at 11:47 UAE local time (GMT+4)

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This Article was updated on Tuesday, May 01 - 2007

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