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Volume # 10 | October, 2018

UAE Freezones Biz News Updates

 
Scottish Business Network to open office at DMCC Free Zone

The UAE is Scotland’s 11th largest export market with direct Scottish exports totalling over GBP1 billion

DMCC today announced that the Scottish Business Network, SBN, an international membership organisation for Scottish entrepreneurs and business leaders, will open its representative office in Dubai in DMCC’s Free Zone.

The announcement was made during the close of the Scottish International Week, SIW, a joint venture between the Institute of Directors in Scotland and SBN. The SIW held 50 events across 12 locations in Scotland and comprised peer lead events with the aim of promoting UK-wide and international opportunities for Scottish businesses from every sector in the economy.

James Bernard, Director of Sales at DMCC, attended SIW and discussed the opportunities Dubai has to offer and the benefits of setting up in the DMCC Free Zone.

Commenting on the office opening, Bernard 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. Centrally located at the heart of a vibrant commercial and residential district, 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, and showcasing to the world the ease of doing business in Dubai through DMCC." In turn, Russell Dalgleish, SBN Co-Founder, said, "In 2017, we expanded from our London base to hold events in the US and Middle East. 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 Scottish Business Network is an organisation created to facilitate greater communication and connectivity between a network of the leading Scottish diaspora in order to proactively assist and support Scottish based companies expand internationally.

The UAE is Scotland’s 11th largest export market with direct Scottish exports totalling over GBP1 billion. A growing number of Scottish companies have long had a base in the UAE, and a number of Scotland firms have received Emirati private and institutional investment.

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

September 24, 2018
 

Courtesy Emirates News Agency

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