Hyderabad: The Federation of Telangana Chambers of Commerce and Industry (FTCCI) organised an Interactive Session on Doing Business in Dubai at its premises in Red Hills on Friday evening
Mr. Bassel Bitar, Regional Representative for Asia & Eastern Europe, DMCC; and Mr. Siddharth Shah, India Head, DMCC IRO of DMCC (Dubai Multi Commodities Centre) – one of the world’s leading free zones and a global hub for business and innovation addressed the session.
Bassel Bitar further said Dubai is one of the world’s top business hubs. DMCC facilitates trade flows and attracts investment while delivering the finest infrastructure and support services to our members to help their businesses grow. Dubai is more known as a shopping destination, but it is also a business hub, he said and added that it was established in 2002, DMCC has 24000 members representing 187 countries and 80,000 people working in it. DMCC is a country within the country, he said. Brand Dubai has been gaining a lot of traction, he told the gathering.
Siddharth Shah, Head of DMCC India Promotional Office said that the local office was set up to help Indian entrepreneurs set up their base in Dubai without much hiccups.
The session provided valuable insights into how DMCC supports businesses in setting up operations seamlessly; the Regulatory frameworks and incentives available for MSMEs and
large enterprises; The immense potential for Indian companies to leverage Dubai as a hub for global market access.
