Dubai, United Arab Emirates – November 25, 2019: Dubai CommerCity (DCC), the first dedicated e-commerce free zone in the Middle East, North Africa and South Asia (MENASA) region, will be connecting with entrepreneurs on the opportunities within the e-commerce sector at the 2019 edition of Slush the world’s leading startup event. The event will be held from November 21-22 at Helsinki, Finland and will gather thousands of startups and investors.
Through its participation, DCC will highlight the latest trends in e-commerce and demonstrate the growing opportunities available to companies setting up business within the MENASA region. During the event, DCC will meet startup e-commerce companies and other relevant e-commerce industry players and introduce DCC value proposition while mentoring them on growing their business in the region.
DCC offers a unique e-commerce eco-system and state-of-the-art services and facilities that provide small to medium sized companies the opportunity to operate seamlessly. The companies can avail customized packages offered by DCC that ensures ease of business setup in Dubai and hassle free operations.
Amna Lootah, Assistant Director General at DAFZA said: “Participating at Slush will provide us with an opportunity to connect with a wide range of entrepreneurs and investors and engage with the European tech ecosystem. Our aim is to showcase the vast array of opportunities that Dubai CommerCity can offer companies from all around the world. DCC is committed to supporting SMEs to start and grow their business within the free zone by providing them unique offerings. SMEs are vital for local, regional and global economies, and their presence helps drive economic growth in general and the e-commerce sector in particular. We are looking forward to supporting entrepreneurs from across the globe and to collaborate with SMEs to maximize their contribution to future diversification.”
E-commerce is set for a strong growth in the Middle East and North Africa (MENA) region. The market value is expected to reach US$28.5 billion by 2022 . DCC will provide global and regional manufacturers, as well as distributors and global e-retailers the opportunity to benefit from the growth that the region is witnessing in the coming years. It will also offer entrepreneurs and start-ups the opportunity to take benefit from the facilities and services especially created to facilitate e-commerce companies.
Dubai CommerCity is the first e-commerce free zone dedicated to the growing e-commerce market in the MENASA region. It is a AED 3.2 billion project spread over an area of approximately 2.1 million square feet. The free zone is a strategic initiative, aimed at elevating Dubai’s position as a leading center for e-commerce. It is set to shape the future of e-commerce in Dubai, becoming a regional hub for the industry by providing unique services that add value to customers’ businesses.
Lootah added: “Dubai CommerCity will be the ideal regional hub for e-commerce businesses looking to offer services in the Middle East and beyond, given its strategic location close to Dubai International Airport (DXB), the world’s busiest international airport. It will optimize the experience of foreign investors by offering solutions that ensure ease of doing business. The free zone will offer efficient customs procedures and full-service one-stop shop for regulatory bodies to facilitate trade. It will also provide smart infrastructure and world-class services for the e-commerce industry players attracting the right pool of foreign direct investors to benefit from DCC’s unique value proposition. To facilitate e-commerce business, Dubai CommerCity has fostered tie-ups with third party service providers to ensure all the elements of the ecosystem are provided for the investors.”
Slush 2019 will spotlight the most ambitious and high potential startups with a scalable business model and connect them with leading investors and industry mentors to facilitate their rapid growth. More than 4,000 startups and 2,000 investors are expected to attend the event.