Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

The Future of Trade Lies In Asian Markets, According to Industry Experts at DMCC Conference

DMCC, the world's leading Free Zone for commodities trade and enterprise, in partnership with Asia House, the centre of expertise on trade, investment and public policy, hosted the 'The Future of Trade: The Middle East's Pivot to Asia' conference at Almas Tower today. The conference welcomed over 250 leading figures from government, trade, investment and technology to discuss, debate and analyse the latest shifts in the world economy.


News provided by

DMCC - Dubai Multi Commodities Centre

Mar 24, 2019, 09:55 ET

Share this article

Share toX

Share this article

Share toX

DMCC and Asia House 2019
DMCC and Asia House 2019
Youtube
Youtube

DUBAI, United Arab Emirates, March 24, 2019 /PRNewswire-PRWeb/ -- DMCC, the world's leading Free Zone for commodities trade and enterprise, in partnership with Asia House, the centre of expertise on trade, investment and public policy, hosted the 'The Future of Trade: The Middle East's Pivot to Asia' conference at Almas Tower today. The conference welcomed over 250 leading figures from government, trade, investment and technology to discuss, debate and analyse the latest shifts in the world economy.

The event was held in association with the Government of Dubai, and officially supported by the UAE Ministry of Economy. Sponsored by HSBC and ABP London Royal Albert Dock, the conference focused on the anticipated trends in the future of trade, renewable energy and digital technologies.

The UAE and Asia have long enjoyed strong bilateral trade relations. Asian countries account for 60% of the UAE’s non-oil trade while 55% of the UAE’s imports come from Asia.

Post this

The conference keynote speech was delivered by His Excellency Abdulla Al Saleh, Undersecretary for Foreign Trade, Ministry of Economy, who said: "The UAE and Asia have long enjoyed strong bilateral trade relations. Asian countries account for 60% of the UAE's non-oil trade while 55% of the UAE's imports come from Asia. For example, the UAE's strategic location and ease of doing business play a critical role in China's Belt and Road Initiative, with 4,000 Chinese companies already operating in the country. As the UAE's largest partner for non-oil imports, India remains a core market for us, also offering significant growth opportunities."

H.E Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, added: "Despite ongoing concerns around the U.S. and China trade, and the uncertainties brought about by Brexit, we recognise that trade remains inevitable and vital for global economic growth. The UAE is uniquely positioned to capitalise on opportunities even where challenges exist. We have attracted an impressive pool of talent carrying creative ideas that have placed us at the forefront of innovation."

In his welcome remarks, Ahmed Bin Sulayem, Executive Chairman at DMCC said: "Despite subdued global growth figures, this event highlighted that there is cause for optimism for those of us in the region. The world's economic gravity continues to shift eastwards and as a natural corridor, Dubai's ability to link Asia with the Middle East, Europe and Africa has never been more important. DMCC sits at the heart of Dubai's global hub status, and will continue to promote the growing UAE-Asia trade and investment ties that will usher in the next wave of growth."

"It is clear that Asia will play an increasingly important role for the Middle East as the region seeks to diversify away from energy exports. We are already seeing new trade relationships grow. Research by Asia House last year demonstrated a clear pivot towards Asia from markets in the Middle East, and this trend seems set to continue," said Lord Green of Hurstpierpoint, Chairman of Asia House.

"We are delighted to have brought key figures in global trade together for today's dialogue here in Dubai – a city which stands to benefit greatly from Asia's ascendance. The conference marks an important contribution to the Middle East's ongoing engagement with Asia," he added.

The conference kicked-off with a panel on "The Future of Trade", addressing the challenges and solutions amid dramatic changes in the global economic landscape, with emphasis on the Middle East's growing relationship with Asia. The key takeaways from the panel revolved around the pressure on the U.S. and China to reach an agreement, which would put an end to the trade tensions. The discussions also highlighted the importance of finding alternative partners in emerging Asian markets in the short term, which would contribute to diversifying the supply chain across the region.

Next on the agenda was a fireside chat on the latest Brexit discussions between Lord Green, Chairman of Asia House and Anne Ruth Herkes, Former State Secretary at German Federal Ministry for Economic Affairs and Energy. The immersive dialogue focused on the difficulty of securing a deal before the extended deadline and the potential impact that exiting the EU will have on the UK's power in trade negotiations.

The next panel explored how FinTech, blockchain and Artificial Intelligence (AI) are revolutionising international trade and ease of doing business. Technology and finance experts from across the MENA region discussed means of collaboration between private companies and government entities to help foster innovation and identify growth opportunities across various trade routes.

The last panel, titled 'Shifting Energy Trends: The Rise of Renewables', debated the ongoing challenges for major oil economies with the continuous growth in the renewable energy sector. With China's growing importance as a pivotal player in renewable technology, the debate circled around the Middle East Markets' natural shift towards Asia to help expedite their diversification efforts.

Other conference speakers included: Kyle Boag, Regional Head of International Subsidiary Banking MENAT, HSBC; Neil Cuthbert, Senior Legal Advisor Middle East, Dentons & Co; Flynt Leverett, Professor of International Affairs and former US Government Senior Director for Middle East Affairs at the National Security Council; Sunil Veetil – Regional Head of Trade and Receivables Finance, HSBC MENA; Anthony Butler, Chief Technology Officer for IBM's blockchain practice, Middle East and Africa; Andrew Sims, Chief Executive Officer of NEC Payments and an Executive Director of Bahrain FinTech Bay; Luan Tian, Director of Global Incubation, Innoway; Michelle Davies, Head of Clean Energy and Sustainability, Eversheds Sutherland; and Daniel Calderon, Co-founder and Chief Executive Officer, Alcazar Energy.

A full list of speakers is available here

SOURCE DMCC - Dubai Multi Commodities Centre

Related Links

https://www.dmcc.ae

Modal title

Lord Green of Hurstpierpoint, Chairman of Asia House
Lord Green of Hurstpierpoint, Chairman of Asia House
Ahmed Bin Sulayem, Executive Chairman at DMCC
Ahmed Bin Sulayem, Executive Chairman at DMCC
H.E Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World
H.E Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World
His Excellency Abdulla Al Saleh, Undersecretary for Foreign Trade, Ministry of Economy
His Excellency Abdulla Al Saleh, Undersecretary for Foreign Trade, Ministry of Economy
Lord Green of Hurstpierpoint, Chairman of Asia House Ahmed Bin Sulayem, Executive Chairman at DMCC H.E Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World His Excellency Abdulla Al Saleh, Undersecretary for Foreign Trade, Ministry of Economy

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.