The Dubai Multi Commodities Center (DMCC) successfully concluded its first Made for Trade Live roadshow in Japan. The roadshow focused on Web3, gaming and artificial intelligence (AI) to further complement the thriving tech ecosystem within DMCC.
Dubai’s free trade zone roadshow in Tokyo, Japan builds upon the increasing bilateral trade and investment relations between the two nations. DMCC is already home to 83 Japanese companies, constituting over 24 percent of Japanese firms in the country. Therefore, there is significant potential for further collaboration and growth opportunities for Japanese businesses in Dubai.
During the event, DMCC executives briefed Japanese business leaders within the Web3, AI and gaming industries on the advantages of expanding their operations within DMCC. The district’s strategic location enables companies to connect with some of the world’s fastest-growing markets through Dubai, offering unparalleled opportunities for expansion and market access.
Ahmed Bin Sulayem, executive chairman and CEO of DMCC, highlighted the untapped potential in the market and emphasized DMCC’s commitment to fostering growth in strategic areas such as Web3, crypto, gaming and AI. “What we have seen today reinforces the appetite to enhance business connections between our regions and we look forward to welcoming more Japanese companies and partners to Dubai,” he stated.
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The UAE and Japan have historic ties dating back decades as evident in the remarkable 57.5 percent surge in bilateral trade volume in 2022, surpassing $54.5 billion. Moreover, initiatives like the Comprehensive Strategic Partnership Initiative (CSPI) and the Japan-UAE Coordination Scheme for Advanced Technology (JU-CAT) demonstrate the commitment to leveraging data and technology for mutual prosperity.
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