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Post by : Badri Ariffin
The Dubai Department of Economy and Tourism (DET) has successfully forged critical agreements with prominent finance and logistics firms during the recent ‘Make it in the Emirates 2026’ event. These partnerships are designed to facilitate growth for manufacturers and exporters based in Dubai as they venture into international markets.
These initiatives align with Dubai's commitment to enhancing its export framework, in accordance with the Dubai Economic Agenda D33. The aim is to more than double the manufacturing output by 2033 and to solidify the emirate's status as a global trade and manufacturing center.
Financial Collaborations to Propel Export Expansion
Dubai has entered into financial partnerships with Emirates Development Bank and Etihad Credit Insurance, focusing on providing easier access to finance and safeguarding exports for manufacturers.
Key benefits for businesses under these agreements include:
Competitive trade financing options
Support for working capital
Export financing opportunities
Financial guarantees
Export credit insurance for added protection
These offerings aim to minimize the risks associated with international trade, enhance cash flow, and empower businesses to enter new global markets confidently.
Logistical Partnerships to Alleviate Shipping Costs
In addition, Dubai has collaborated with DHL, Aramex, and Al-Futtaim Logistics to optimize logistical operations for exporters.
These logistical collaborations will offer:
Tailored shipping rates
Accelerated delivery options
Customized logistical solutions
Complete supply chain assistance
Enhanced road transport services
These initiatives are poised to assist manufacturers in reducing shipping expenses, navigating supply chain hurdles, and delivering goods to global clients more effectively.
Dubai Enhancing Global Trade Dynamics
Mohamad Sharaf, COO of Investment Attraction at Dubai Economic Development Corporation (DEDC), emphasized that Dubai is dedicated to creating actionable business strategies that allow companies to explore international expansion.
He stated that these new partnerships are pivotal in enhancing finance access, export protection, and logistical solutions—crucial elements that will aid businesses in mitigating risks and enhancing their competitiveness, in alignment with Dubai’s D33 goal.
Backing UAE's Industrial Ambitions
These collaborations also underline Dubai's support for the UAE's broader industrial growth initiatives through initiatives like ‘Make it in the Emirates’, which fosters collaboration between government agencies, financial institutions, logistics entities, and the private sector.
Through its Export Assistance Programme, DEDC is committed to continuing its support for exporters, providing solutions to market challenges and enhancing competitiveness to facilitate international growth for Dubai manufacturers.
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