Luncheon & Discussion with DMCC CEO

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The U.S.-U.A.E. Business Council and the U.S. Chamber of Commerce are pleased to invite you to a round table luncheon and discussion featuring a visiting delegation from DMCC, the largest free zone in the U.A.E.  More details about DMCC and their senior leadership team can be found below.

The roundtable luncheon event will provide public and private sector stakeholders with an opportunity to learn more about the investment climate in the emirate of Dubai and opportunities for setting up business available to American companies.  Members of the delegation will discuss the attractiveness of doing business in Dubai, particularly as a means of accessing the markets of the wider Middle East, as well as highlight the business opportunities generated by Dubai’s economic strength.

Keynote remarks will be provided by:

Mr. Gautam Sashittal
Chief Executive Officer
DMCC

and a presentation by:

Ms. Krysta Fox
Director Free Zone
DMCC

 

Mr. Gautam Sashittal
Chief Executive Officer
DMCC

Gautam Sashittal was appointed as the Chief Executive Officer of DMCC in February 2014. DMCC is a government of Dubai Authority dedicated to establishing Dubai as the global gateway for commodity trade. Home to over 9,700 companies, the award-winning DMCC Free Zone is the largest and fastest growing in the UAE. DMCC’s stewardship has seen Dubai grow into the third largest diamond trading centre in the world and a leading global bullion hub. In the short space of 12 years, DMCC has established a unique eco-system to support a range of commodity sectors, including a robust regulatory framework and innovative physical and financial infrastructure and services.

Mr. Sashittal brings more than 25 years of business experience across a range of industries. He spent a large part of his career in the oil and gas industry with Royal Dutch Shell plc, and prior to joining DMCC, was the CFO of the Dubai Gold and Commodities Exchange (DGCX), the Middle East’s first and fastest growing derivatives exchange.

Ms. Krysta Fox
Director
DMCC

With a thoroughly international background, Krysta has lived and completed work assignments in a variety of countries ranging from Spain to South Africa, as well as a significant period working in her native Australia where she headed up a number of major projects, including BP’s IFRS implementation.

Qualified as a fellow certified practicing accountant and a graduate of the Australian Institute of Company Directors, Krysta also holds Master degrees in Professional Accounting and Business Administration and prior to taking up her position at the DMCC, was working in Dubai with Al Futtaim.

Acknowledging the challenging aspects of her current role, Krysta is required to continually develop the Free Zone’s approach, highlighting its suitability for both large corporates that are relocating to the region, through to SME’s that are looking to flourish.

Commenting on the DMCC’s appeal Krysta summarised; “It’s no one thing that makes us stand out, but a combination of the ideal location, with the right governing authority that understands how to conduct business in a friendly way. We are constantly looking to partner or work with industries and sectors in order to create opportunities for our members.”

About DMCC:

DMCC is a government entity established in 2002 to enhance commodity trade flows through Dubai, performing several roles which have firmly established Dubai as a regional and international commodities trading hub.

DMCC Free Zone is the region’s largest and fastest growing Free Zone, DMCC registers about 170 companies a month, 95% of which are new to Dubai. Today, we are home to over 11,000 companies ranging from start-ups to large corporates who all benefit from DMCC’s reputation as a world class business hub. DMCC, the authority on trade, enterprise and commodities in Dubai, has been named ‘Global Free Zone of the Year’ 2015 by The Financial Times fDi Magazine.

For more information, visit: www.dmcc.ae

About the U.S.-U.A.E. Business Council:

The U.S.-U.A.E. Business Council is a progressive business advocacy organization solely committed to the advancement of the trade and commercial relationship between the United States and the United Arab Emirates. The U.S.-U.A.E. Business Council provides its diverse membership unparalleled access to senior decision makers in business and government in the U.A.E. and in the U.S. The Business Council actively works to ensure that the U.S. and U.A.E. remain attractive destinations for foreign direct investment by conducting effective policy advocacy, undertaking various trade promotion initiatives, providing ongoing updates on the business climate in both countries, and helping develop strategic relationships between U.S. and U.A.E. business and government officials.

For more information, visit: www.usuaebusiness.org

 About the U.S. Chamber of Commerce:

The U.S. Chamber of Commerce is the world’s largest business organization representing the interests of more than 3 million businesses of all sizes, sectors, and regions. Our members range from mom-and-pop shops and local chambers to leading industry associations and large corporations. They all share one thing—they count on the Chamber to be their voice in Washington, D.C.

 

For more information, visit: www.uschamber.com