DMCC and Euler Hermes sign MOU
Dubai: The Dubai Multi Commodities Centre (DMCC), a Dubai Government and Euler Hermes, the world leader in insurance authority commerce solutions, have signed a Memorandum of Understanding ("MoU") to strengthen cooperation.
The signing ceremony was attended led by Ahmad Bin Sulayem, Executive Chairman, DMCC, and a delegation of the Euler Hermes Group by Massimo Falcioni, CEO of Euler Hermes GCC.
Ahmad Bin Sulayem, Executive Chairman, DMCC, said: "With more than 6,600 companies operating current of the JLT free zone, it is important that we our members with the most suitable products and services they need to successfully to be. The Memorandum of Understanding between DMCC and Euler Hermes today marks our commitment to the growing international economy in Jumeirah Lakes Tower (JLT), and emphasized the strength of Dubai as a global hub for trade and the company. "
"Under the terms of the agreement, Euler Hermes is able to all members of the credit insurance products existing and potential DMCC and offering services through the Centre JLT in Almas Tower, JLT, of safely develop their domestic trade and export," said Massimo Falcion, CEO Euler Hermes GCC
The MoU follows a meeting between Ahmed Bin Sulayem, Executive Chairman, DMCC and Wilfried Verstraete, Chairman of Euler Hermes Group, during the recent visit to Dubai Verstraete. Euler Hermes representatives have also visited the headquarters of the DMCC, Almas Tower, the tallest tower in the commercial register in the Middle East, based in JLT.
"Euler Hermes has more than 100 years of experience in supporting corporate customers and we look forward to sharing our expertise with the basis of various members of the DMCC., We are confident that the agreement will be mutually beneficial, as it is the power spectrum of the Centre JLT offered to improve service and Euler Hermes presence in this dynamic region growing, "said Wilfried Verstraete.
Companies around the world for ways in which they seek to develop, to reach new customers, and conduct their daily business in a safe, transparent and modern. DMCC provides this infrastructure and more than 200 new companies choose to find in JLT every month - more than six companies per day - more than 90 percent of which are new in Dubai.