Dubai Wholesale City opens long-term leases for companies, traders

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Dubai Wholesale City opens long-term leases for companies, traders

Dubai - *Largest city of its kind in the world starts accepting applications from prospective business partners*Aims to showcase leasing opportunities at Cityscape Global 2016 from Stand, S1-E10, at Dubai World Trade Centre* Dr Amina Al Rustamani: Dubai Wholesale City contributes to national economic diversification efforts* Abdulla Belhoul: We are working to transform the global trading sector through offering cutting-edge solutions to varied challenges faced by traders worldwide

By Staff Report

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Published: Sat 3 Sep 2016, 6:35 PM

Last updated: Sat 3 Sep 2016, 8:51 PM

Dubai Wholesale City, the largest wholesale hub in the world, has commenced accepting applications from companies and traders interested in booking space at the integrated development. The city is working towards strengthening the status of the UAE as a key market in international trade.
Dubai Wholesale City has invited interested companies and traders to submit their applications for lease via its website (www.dubaiwholesalecity.ae), by email (sales@dubaiwholesalecity.ae) or in person at its stand (Dubai Holding, TECOM Group, S1-E10) in Hall 1, during its participation at Cityscape Global 2016 that is set to run from September 6 to 8 at Dubai World Trade Centre.
Dr Amina Al Rustamani, Group Chief Executive Officer of TECOM Group, said: "Dubai Wholesale City is a key contributor to the efforts of TECOM Group in articulating His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, UAE's post-oil vision. Since inception, TECOM has been successfully creating business ecosystems across media, ICT, education, science, design and manufacturing to support Dubai's economic diversification strategy with hubs such as a Media City and Internet City and the introduction of Dubai Design District in 2014. Increasing our sector offering to 7 with the launch of the world's largest wholesale city, these sectors are considered pillars of the UAE economy. Dubai Wholesale City plays an integral role in consolidating Dubai's position as a regional capital and an international center for trade and business. It will increase the contribution to the UAE's wholesale trading sector close to 10% by 2030. The progress on the development and planning of the Dh30 billion destination hub, set to span over 550 million sq feet is going according to plan."
For his part, Abdulla Belhoul, Chief Executive Officer of Dubai Wholesale City, said: "2016 marks our debut at Cityscape Global and provides us with a unique opportunity to engage with potential partners in different industries and sectors. We believe by highlighting the dynamic offerings of Dubai Wholesale City, and showcasing the blueprint of the project as well as its progress to date, we will effectively draw the interest of serious local and international investors. Cityscape will also give us the opportunity to highlight Dubai Wholesale City's critical role in the global trading sector that is expected to grow to about $4.9 billion in the next five years. Such figures reinforce the vast opportunities the city can provide for its business partners." - business@khaleejtimes.com
 


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