The Dubai International Chamber facilitates the expansion of Euromercato to the European market

Dubai International Chamberone of the three chambers that operate under the umbrella of Dubai Chambers, has revealed that it supported the United Arab Emirates-based company euromarket in the European market, strengthening its associations in the food sector with European companies.

The company participated in a trade mission led by the Dubai International Chamber to the Anuga Food Fair in Germany last year, which brought together representatives from 13 companies in the emirate with potential partners on the sidelines of the event. More than 30 bilateral business meetings were arranged to euromarket explore collaboration opportunities with some of Europe’s leading food producers.

The chamber’s support played a key role in Euromercato successfully concluding five commercial agreements to supply authentic Italian food products in the UAE from prominent European brands, including Arteolio, Maison Andresy, Pastificio Armando, Pasta Berruto & Arrighi and Pasta dalla Costa.

During his participation in the trade mission, euromarket It also strengthened existing partnerships with several European food suppliers. The company signed an exclusive distribution agreement in the United Arab Emirates with Spain’s Pascual, in addition to expanding its retail distribution agreement with Zini to supply its products to hotels, restaurants and cafes.

Mohammad Ali Rashed Lootah, Chairman and CEO of Dubai Chambers, commented,

“As Dubai’s importance on the global business map continues to rise, Dubai Chambers is committed to enhancing the competitiveness of local businesses while providing rewarding opportunities to grow their businesses locally and internationally. “We strive to build promising trade and investment partnerships that boost Dubai’s foreign trade, support growth in all sectors of the national economy and enable the expansion of local private sector businesses into various international markets.”

Mohammed Alshehhi, CEO of Euromercato, saying,

“The UAE is among the most prominent global markets where companies from different countries aspire to operate and take advantage of the exciting growth opportunities available in various sectors, including the gourmet food segment. The country is home to a booming tourism industry and has developed an exceptional ecosystem of luxury hotels and restaurants which, together with growing consumer confidence and increased spending, is contributing to strong demand for fine dining experiences in Dubai.”

Dubai International Chamber supports companies in the emirate in exploring new business opportunities in 30 priority markets around the world. The chamber aims to launch 50 international representative offices around the world by the end of the decade.

News source: Emirates News Agency