INCONA summed up the results of the open webinar «How to do business in the UAE? Opportunities for Russian companies in Dubai and beyond»


Expert recommendations, leading speakers and more than 190 active participants – On February 3, representatives of Russian business took part in the open webinar «How to do business in the UAE? Opportunities for Russian companies in Dubai and beyond», organized by the world’s largest free economic zone DMCC, the Moscow Chamber of Commerce and Industry and INCONA.

The guests of the event discussed the practical aspects of doing business in Dubai, the specifics of its business and daily life, as well as opportunities for Russian companies to enter the UAE market. The most important part of the webinar was the acquaintance of Russian participants with the largest free economic zone in the world, Dubai Multi Commodities Centre, or DMCC.

Welcoming the participants of the meeting, Vice-President of the Moscow Chamber of Commerce and Industry Suren Vardanyan noted that a large number of registered participants indicates the interest of Russian companies in interacting with entrepreneurs from the UAE. «The DMCC zone is of particular interest because it provides comfortable working conditions and provides the necessary service,» he added.

In response, the Chairman of the Board and CEO of DMCC Ahmed Bin Suleem stressed that one of the main reasons for the success of frison is that «during the pandemic, we found a way to help our companies develop and did everything to ensure that their work process was as seamless and painless as possible, even in such times.» He also noted that DMCC has already adapted to the new reality: trade and all deliveries continue in Frizon.

Alexey Busev, Chairman of the ICCI Commission for Foreign Economic Cooperation with Partners in the UAE and CEO of INCONA, told about what awaits Russian companies when entering the Emirati market. He warned the participants of the webinar against hasty conclusions: «Do not immediately believe those who say that 2-3 meetings after the exhibition will provide your company with contracts. Of course, miracles happen, but usually it’s painstaking, systematic work, which you need to be ready for.»