With advanced services starting in mid-2021

"Dubai Multi Commodities" turns Dubai into an international cocoa trade center

Bin Sulayem confirmed that the new cocoa center represents the next stage of the growth strategy.

From the source

The Dubai Multi Commodities Center announced plans to launch a state-of-the-art cocoa center in Dubai.

The center stated, in a statement, that it will initially incubate a selection of cocoa services within its coffee center in Jebel Ali, starting in mid-2021, and will transform the emirate into an international trade center for this high-demand substance, as part of its medium to long-term development strategy. .

"The DMCC Cocoa Center represents the next stage of our growth strategy, and will see the transformation of Dubai into a global cocoa trade center," said Ahmed Bin Sulayem, MDC Chief Executive Officer and CEO.

Bin Sulayem added: “Not many people would have imagined that the DMCC Tea Center and the Coffee Center of the Center would also reach the levels of trade we see today, so by making use of our experience gained from developing these commodities, we see cocoa and its high growth potential as a logical step. next".

“While connecting producers and consumers will be an important part of our business model, we will ensure that the DMCC Cocoa Center follows our high-level approach to sustainability, prioritizing value enhancement across the entire supply chain,” he said.

He noted that the center is in contact with a range of players in the cocoa industry, including Blue Stripes Urban Cacao, and stakeholders in West Africa and South America, in order to better understand market needs.

It is noteworthy that the center will later announce a series of webinars on cocoa that focus on raising awareness of this substance.

• The center communicates with stakeholders to understand market needs.

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