Latest news with #DubaiCommerCity


Zawya
02-07-2025
- Business
- Zawya
Dubai CommerCity partners with Ziina to provide innovative financial solutions
Amna Lootah: We remain committed to empowering companies and entrepreneurs with the tools they need to succeed Faisal Toukan: What makes this partnership truly exciting is how it simplifies business setup for SMEs, bringing together payments, registration, and financial operations into one frictionless flow. Dubai, UAE: Dubai CommerCity (DCC), the region's first free zone dedicated to digital commerce, and a joint venture between the Dubai Integrated Economic Zones Authority (DIEZ) and Wasl Properties, has announced a strategic partnership with Ziina, the UAE's leading financial services provider. The collaboration will offer simplified and frictionless financial solutions, further facilitating the establishment and growth of small and medium-sized enterprises (SMEs) in Dubai. This partnership underscores Dubai CommerCity's ongoing commitment to fostering digital innovation while providing an ecosystem that allows companies and startups to easily establish their businesses and access secure and simplified financial solutions. It also promises to streamline financial operations for both parties, delivering exclusive benefits through a shared system. The partnership builds upon DIEZ's strategic investment in Ziina through its venture capital arm, Oraseya Capital, reinforcing DIEZ's focus on nurturing high-growth startups and integrating them into Dubai's dynamic business ecosystem and its free zones, including Dubai CommerCity. The agreement was signed by Amna Lootah, Board Member of Dubai CommerCity, and Faisal Toukan, Co-founder and CEO of Ziina, with senior officials from both organizations in attendance. Innovative Solutions Commenting on the partnership, Amna Lootah, Board Member of Dubai CommerCity, said: "The agreement signed with Ziina is a key milestone in Dubai CommerCity's efforts to broaden the range of services available to businesses within the free zone. By providing access to fast, secure and easy payments, we are empowering companies and entrepreneurs with the tools they need to succeed. This initiative highlights our commitment to driving innovation and strengthening Dubai's digital ecosystem in line with the D33 economic agenda, positioning the emirate as a global hub for entrepreneurship.' 'This partnership also supports our ongoing strategy of collaborating with innovative companies that contribute to the growth of Dubai's digital entrepreneurship ecosystem. As we continue to identify and implement impactful digital solutions, our focus is on improving investor experience and simplifying the process of setting up businesses in a flexible, secure, and dynamic environment," Lootah added. Strategic Milestone Faisal Toukan, Co-founder and CEO of Ziina commented: 'At Ziina, we are building the modern financial infrastructure for the Middle East. This partnership with Dubai CommerCity brings us closer to our mission of transforming how businesses in the Middle East get paid, by making powerful financial tools accessible to everyone.' What makes this partnership truly exciting is how it simplifies business setup for SMEs, bringing together payments, registration, and financial operations into one frictionless flow. Together, we are reducing the barriers to entry for entrepreneurs, supporting them from day one, and delivering a streamlined experience that scales as they grow. At the heart of it, we share a vision with Dubai CommerCity to democratize access to financial services and empower the next generation of business owners across the region,' Toukan added. Julien Plouzeau, Senior Partner at Oraseya Capital said: "At Oraseya Capital, our mission is to empower tech entrepreneurs in the U.A.E. by backing bold ideas and unlocking opportunities for scalable impact. Our investment in Ziina reflects our commitment to building strategic partnerships with promising companies and integrating them into thriving business ecosystems like Dubai CommerCity, enabling them to scale and succeed in a supportive, dynamic environment. This collaboration is a tangible example of how capital, innovation, and ecosystem enablers can come together to create meaningful impact for the next generation of SMEs in Dubai." Areas of Collaboration As part of the agreement, Dubai CommerCity will actively promote Ziina's services to its current and prospective clients, offering them access to a range of seamless and instant payment solutions, along with exemptions on transaction fees. In return, Ziina, licensed by the Central Bank of the UAE, will introduce Dubai CommerCity's services through its smart application, allowing users to share data for free zone registration and access Dubai CommerCity's wide range of products and services. The partnership will also see the launch of a co-branded bank card and multi-currency virtual IBAN accounts, which will greatly benefit SMEs by providing them with tools to manage their financial operations more efficiently. Additionally, Ziina will offer a suite of solutions, including instant transfers, payment links, QR code payments, Tap to Pay, and NFC-enabled cards.


Gulf Today
27-04-2025
- Business
- Gulf Today
Dubai CommerCity signs accords to boost AI adoption in free zone
Dubai CommerCity (DCC), the region's first free zone dedicated to digital commerce, and a joint venture between the Dubai Integrated Economic Zones Authority (DIEZ) and Wasl Properties, announced strategic partnerships with a leading provider of agentic AI solutions for e-commerce, with the aim of driving e-commerce growth in the UAE, and Portmind, an AI solutions company that empowers international trade businesses by enhancing efficiency through AI technologies. These collaborations were announced during Dubai AI Week, taking place from 21-25 April 2025, and held under the patronage of Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of the Board of Trustees of Dubai Future Foundation. The partnership with brings together Dubai CommerCity's advanced digital commerce infrastructure and AI capabilities to establish a future-focused ecosystem that supports the growth of e-commerce businesses. By combining expertise in intelligent automation, AI-driven customer experience management and streamlined digital sales, the collaboration is designed to accelerate digital transformation for digital commerce SMEs and high-growth brands. Commenting on the partnership with Mitch Bittermann, Senior Vice President - Commercial at Dubai CommerCity, said: 'Our partnership with reflects Dubai CommerCity's commitment to supporting the emirate's vision to become a global hub for artificial intelligence and a leader in shaping the future of digital economies, in line with the ambitions of Dubai's Economic Agenda (D33). By integrating intelligent automation and agentic AI solutions into our ecosystem, we are enhancing the competitiveness of e-commerce businesses and contributing to a thriving AI-driven economy that attracts global talent and investment.' For her part, Dina Alsamhan, Co-founder & CBO of stated: 'Partnering with Dubai CommerCity is a strategic step in advancing the UAE's digital commerce infrastructure. DCC enables market access and provides the intelligence layer that drives next-level performance. Our AI agents give SMEs the tools to automate, localize, and optimize their operations, enabling them to scale efficiently and compete globally. With this partnership, we're reshaping how e-commerce is done in the region, ensuring SMEs can scale efficiently and maintain a competitive edge in an increasingly digital world.' Additionally, through the integration of Portmind's AI-powered Sail platform, businesses operating within Dubai CommerCity will benefit from a more agile, efficient, and compliant customs process, reinforcing the free zone's commitment to innovation, ease of doing business, and smart trade enablement. By automating key processes related to shipping and customs documentation, including data collection, validation, classification, and regulatory compliance, DCC companies will benefit from faster customs clearance, real-time shipment visibility, and reduced operational overhead. Commenting on the partnership with Portmind, Abdulrahman Shaheen, Senior Vice President of Operations at Dubai CommerCity, said: 'Dubai CommerCity's partnership with Portmind reflects our commitment to creating a smarter, faster, and more agile business environment for companies of all sizes. Our aim is to enable businesses to thrive by adopting intelligent solutions that simplify and future-proof trade operations, reinforcing Dubai's position as a world-class innovation hub. This partnership also aligns with the priorities of Dubai AI Week to accelerate the responsible development of transformative technologies for the benefit of societies and economies.' Julien Gurunlian, Founder and CEO of Portmind, said: 'We are excited to collaborate with Dubai CommerCity to introduce AI-driven innovation into international trade. Our Sail platform is designed to eliminate inefficiencies and reduce friction in cross-border operations. This partnership allows us to enable smarter, faster customs workflows that drive compliance, reduce costs, and enhance trade transparency—benefiting businesses across the DCC ecosystem.' With the UAE's e-commerce market expected to exceed Dhs48.8 billion by 2028, the partnerships support national efforts to strengthen the digital economy and position Dubai as a leading hub for next-generation trade and technology. These partnerships are in line with the UAE's strategic vision for economic diversification and digital transformation, reinforcing Dubai CommerCity's commitment to accelerating innovation and empowering the growth of the e-commerce sector, as well as becoming a next-generation free zone driven by innovation, agility, and digital transformation. In December 2024, Dubai CommerCity announced the signing of a memorandum of understanding (MoU) with Aramex and QuikBot Technologies, to launch the trial run of QuikBot's Autonomous Final-Mile Delivery (AFMD) Platform-as-a-service at DCC. WAM


Arabian Business
25-04-2025
- Business
- Arabian Business
Dubai CommerCity partners with AI firms to transform UAE e-commerce landscape
Dubai CommerCity (DCC), the region's first free zone dedicated to digital commerce, announced strategic partnerships with and Portmind to drive e-commerce growth in the UAE. The partnership with brings together Dubai CommerCity's advanced digital commerce infrastructure and AI capabilities to establish a future-focused ecosystem that supports the growth of e-commerce businesses. By combining expertise in intelligent automation, AI-driven customer experience management and streamlined digital sales, the collaboration is designed to accelerate digital transformation for digital commerce SMEs and high-growth brands. AI powers e-commerce growth The partnership with Portmind will enable businesses operating within Dubai CommerCity to benefit from a more agile, efficient, and compliant customs process. Integrating Portmind's AI solutions will help automating key processes related to shipping and customs documentation, including data collection, validation, classification, and regulatory compliance. The collaborations were announced during Dubai AI Week, taking place from April 21-25. DCC is a joint venture between the Dubai Integrated Economic Zones Authority (DIEZ) and Wasl Properties. Mitch Bittermann, Senior Vice President – Commercial at Dubai CommerCity, said the partnership with reflects the zone developer's commitment to supporting the emirate's vision to become a global hub for artificial intelligence and a leader in shaping the future of digital economies. 'By integrating intelligent automation and agentic AI solutions into our ecosystem, we are enhancing the competitiveness of e-commerce businesses and contributing to a thriving AI-driven economy that attracts global talent and investment,' he said. Dina Alsamhan, Co-founder & CBO of said partnering with Dubai CommerCity is a strategic step in advancing the UAE's digital commerce infrastructure. 'DCC enables market access and provides the intelligence layer that drives next-level performance,' she said. Julien Gurunlian, Founder and CEO of Portmind, said the company's Sail platform is designed to eliminate inefficiencies and reduce friction in cross-border operations. 'This partnership allows us to enable smarter, faster customs workflows that drive compliance, reduce costs, and enhance trade transparency, benefiting businesses across the DCC ecosystem,' Gurunlian said. With the UAE's e-commerce market expected to exceed AED48.8 billion by 2028, the partnerships support national efforts to strengthen the digital economy and position the city as a leading hub for next-generation trade and technology.


Hi Dubai
25-04-2025
- Business
- Hi Dubai
Dubai CommerCity Partners with AI Innovators to Boost UAE E-Commerce
Dubai CommerCity has announced two major partnerships with AI companies and Portmind to accelerate e-commerce growth and trade efficiency across the UAE. The move strengthens Dubai's ambition to become a global hub for digital innovation and aligns with the country's broader push for economic diversification. The partnerships were unveiled during Dubai AI Week, held under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum. As the region's first free zone dedicated to digital commerce, Dubai CommerCity is working to integrate cutting-edge technologies to support SMEs and high-growth brands in the digital space. Through its collaboration with Dubai CommerCity aims to embed intelligent automation and AI-driven customer experience tools into its ecosystem. The goal is to enhance digital commerce infrastructure and help businesses scale efficiently. Mitch Bittermann, Senior Vice President at Dubai CommerCity, said the partnership supports the emirate's vision of becoming a global AI leader. Co-founder Dina Alsamhan noted the alliance would give SMEs access to AI agents that streamline operations, localize strategies, and drive performance, helping them compete on a global stage. In parallel, the partnership with Portmind introduces the AI-powered Sail platform to streamline shipping and customs processes. The platform automates tasks such as data validation and compliance, offering faster customs clearance and improved shipment visibility. Abdulrahman Shaheen, Senior Vice President of Operations at Dubai CommerCity, emphasized the initiative's role in simplifying trade and enhancing operational agility. With the UAE's e-commerce market projected to exceed AED 48.8 billion by 2028, these collaborations are expected to significantly boost digital trade and reinforce Dubai CommerCity's role as a future-ready innovation hub. News Source: Emirates News Agency


Zawya
24-04-2025
- Business
- Zawya
Dubai CommerCity partners with qeen.ai and Portmind to accelerate AI adoption within the free zone
Collaboration with aims to establish a future-focused ecosystem that supports the growth of e-commerce businesses. Integration of Portmind's AI-powered Sail platform will drive agility, efficiency, and compliance in customs process. Dubai, UAE - Dubai CommerCity (DCC), the region's first free zone dedicated to digital commerce, and a joint venture between the Dubai Integrated Economic Zones Authority (DIEZ) and Wasl Properties, today announced strategic partnerships with a leading provider of agentic AI solutions for e-commerce, with the aim of driving e-commerce growth in the UAE, and Portmind, an AI solutions company that empowers international trade businesses by enhancing efficiency through AI technologies. These collaborations were announced during Dubai AI Week, taking place from 21-25 April 2025, and held under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of the Board of Trustees of DFF. The partnership with brings together Dubai CommerCity's advanced digital commerce infrastructure and AI capabilities to establish a future-focused ecosystem that supports the growth of e-commerce businesses. By combining expertise in intelligent automation, AI-driven customer experience management and streamlined digital sales, the collaboration is designed to accelerate digital transformation for digital commerce SMEs and high-growth brands. Commenting on the partnership with Mitch Bittermann, Senior Vice President - Commercial at Dubai CommerCity, said: 'Our partnership with reflects Dubai CommerCity's commitment to supporting the emirate's vision to become a global hub for artificial intelligence and a leader in shaping the future of digital economies, in line with the ambitions of Dubai's Economic Agenda (D33). By integrating intelligent automation and agentic AI solutions into our ecosystem, we are enhancing the competitiveness of e-commerce businesses and contributing to a thriving AI-driven economy that attracts global talent and investment.' For her part, Dina Alsamhan, Co-founder & CBO of stated: 'Partnering with Dubai CommerCity is a strategic step in advancing the UAE's digital commerce infrastructure. DCC enables market access and provides the intelligence layer that drives next-level performance. Our AI agents give SMEs the tools to automate, localize, and optimize their operations, enabling them to scale efficiently and compete globally. With this partnership, we're reshaping how e-commerce is done in the region, ensuring SMEs can scale efficiently and maintain a competitive edge in an increasingly digital world.' Additionally, through the integration of Portmind's AI-powered Sail platform, businesses operating within Dubai CommerCity will benefit from a more agile, efficient, and compliant customs process, reinforcing the free zone's commitment to innovation, ease of doing business, and smart trade enablement. By automating key processes related to shipping and customs documentation, including data collection, validation, classification, and regulatory compliance, DCC companies will benefit from faster customs clearance, real-time shipment visibility, and reduced operational overhead. Commenting on the partnership with Portmind, Abdulrahman Shaheen, Senior Vice President of Operations at Dubai CommerCity, said: 'Dubai CommerCity's partnership with Portmind reflects our commitment to creating a smarter, faster, and more agile business environment for companies of all sizes. Our aim is to enable businesses to thrive by adopting intelligent solutions that simplify and future-proof trade operations, reinforcing Dubai's position as a world-class innovation hub. This partnership also aligns with the priorities of Dubai AI Week to accelerate the responsible development of transformative technologies for the benefit of societies and economies.' Julien Gurunlian, Founder and CEO of Portmind said: 'We are excited to collaborate with Dubai CommerCity to introduce AI-driven innovation into international trade. Our Sail platform is designed to eliminate inefficiencies and reduce friction in cross-border operations. This partnership allows us to enable smarter, faster customs workflows that drive compliance, reduce costs, and enhance trade transparency—benefiting businesses across the DCC ecosystem.' With the UAE's e-commerce market expected to exceed AED 48.8 billion by 2028, the partnerships support national efforts to strengthen the digital economy and position Dubai as a leading hub for next-generation trade and technology. These partnerships are in line with the UAE's strategic vision for economic diversification and digital transformation, reinforcing Dubai CommerCity's commitment to accelerating innovation and empowering the growth of the e-commerce sector, as well as becoming a next-generation free zone driven by innovation, agility, and digital transformation.