Posted inPolitics & Economics

Dubai’s DMCC inks deal to host top Scottish business group

Dubai Multi Commodities Centre says the Scottish Business Network will open a representative office in Dubai

Dubai Multi Commodities Centre (DMCC), which was named global free zone of the year last year, has announced that the Scottish Business Network (SBN), an international membership organisation for Scottish entrepreneurs, will open a representative office in Dubai.

The announcement was made during the close of the Scottish International Week, a joint venture between the Institute of Directors in Scotland and SBN.

James Bernard, director of sales, DMCC, said: “We are pleased that the Scottish Business Network has selected DMCC as its home in Dubai.

“This move is testament to our international appeal, and ability to attract, facilitate and drive global trade. DMCC will connect SBN with a thriving business and trade community, locally, regionally and beyond. This is an important moment for our relationship with Scottish business community.”

The Scottish Business Network is an organisation created to facilitate greater communication and connectivity between a network of the leading Scottish diaspora in order to support Scottish-based companies expand internationally.

Russell Dalgleish, SBN co-founder, said: “In Dubai, we found a very supportive and strategic partner in DMCC. A number of our members already operate in the UAE and broader region, and we believe the provision of soft-landing support, including desk space and company set up, will encourage more trade between Scotland and the Middle East.”

The UAE is Scotland’s 11th largest export market with direct Scottish exports totalling over £1 billion.

In December 2017, Scotland appointed its first trade envoy to the UAE as part of Scotland’s plans to expand its commercial reach internationally.

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