Dubai, A New Hub For The Cocoa Trade

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Dubai Multi Commodities Center (DMCC) is the global hub for trade and enterprise and the largest and fastest growing Free Zone in the UAE. It now aims to be a global hub for the cocoa trade. The Dubai Free Zone has announced that it wants to launch a DMCC Cocoa Center like the one created for coffee.

Initially, DMCC Cocoa will be housed in the coffee center in Jebel Ali and should offer its services in the next few months.

Not many people thought that the DMCC Tea Center and DMCC Coffee Center would reach the commercial levels we see today, so using our expertise and experience gained in developing these products, we see cocoa and its potential to grow. high growth as a logical next step. While connecting producers to consumers is an important part of our model, we will ensure that DMCC Cocoa Center follows our high-level approach to sustainability, which prioritizes value creation throughout the chain. procurement,” said Ahmed bin Sulayem, executive chairman and chief executive officer of DMCC in a statement.

It is added that DMCC is already in contact with several players in the cocoa industry, including Blue Stripes Urban Cacao, and stakeholders in West Africa and South America, in order to better understand the needs of the market. and how Dubai can play a pivotal role in supporting its sustainable growth.

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