FINANCIAL NEWS

Dubai’s DMCC signs 3 major deals with China

30 Oct 2016

(MENAFN) Dubai Multi Commodities Centre (DMCC) has inked three major commodity deals with China in order to enhance mutual ties.

Additionally, DMCC signed a deal with Mega Capital Halal, a Hong Kong-based holding firm to import coffee annually from China to Dubai for world distribution.

Moreover, the agreement will see MCH export up to 140.000 tons of Chinese Arabica beans from the Yunnan State Farms Group to Dubai, UAE.

Accordingly, the DMCC ties is evidence of the deep links between China and Dubai and the growing role the Dubai trade has in bringing our world’s closer.

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