Dubai Wholesale City, the global integrated wholesale trading hub and member of TECOM Group, hosted an exclusive Innovation in Trade forum at its headquarters in Dubai Studio City. The event convened experts to discuss latest advances and trends in the wholesale trading sector and identify the steps necessary to shape a smart city platform in line with the Dubai Government’s smart city vision.

 

Abdulla Belhoul, Chief Executive Officer of Dubai Wholesale City, attended the session that aimed at highlighting innovative technologies to create the smart city platform and optimize day-to-day wholesale operations. Several strategic partners of Dubai Wholesale City, including Accenture, the International management consultancy, as well as team members of TECOM Group participated in the forum.

Speaking on the importance of the event, Belhoul said: “In a productive discussion with our partners, we addressed a range of issues relevant to innovation in the wholesale trading market in the UAE. Spanning key topics such as the ability of smart solutions and digital platforms to add value to wholesalers, the talks paid particular attention to the role of digitization in boosting trade competitiveness.”

He added: “To achieve maximum effectiveness, innovation in wholesale trade has to encompass multiple streams, such as mobility, waste management, energy efficiency, safety and security, processes, e-commerce and smart city solutions. With a focus on these vital streams, the outcomes of our session will enable us to build an innovation roadmap that will be critical to our success. We believe such forums offer tremendous value to Dubai Wholesale City and to our stakeholders in integrating best practices to boost productivity.”

As a follow-up to the Innovation in Trade forum, Dubai Wholesale City and its partners will develop an innovation and digitalization roadmap to support the leading role of Dubai Wholesale City in future global trade.

 

About Dubai Wholesale City

Dubai Wholesale City is the largest global market for wholesale products. The development will be a major hub for international wholesale trade. The project will also support vital sectors such as logistics, financial services, aviation, hospitality and business tourism.

Dubai Wholesale City spans over 550 million square feet encompassing the current location of Dubai Industrial Park, which will become an integral part of Dubai Wholesale City.

The new project is just 10 minutes away from Al Maktoum Airport and Jebel Ali Port and will be linked to the future Etihad Rail. Dubai Wholesale City will comprise of specialized wholesale parks, an international permanent trade exhibition, specialized wholesale avenues, country pavilions and an e-commerce platform. It will focus on wholesale trade in a number of vital sectors including food, construction materials, electrical appliances, electronics, furniture and décor, machinery, equipment, wood, vehicles and spare parts, and textiles and clothing.

 

Source: APCO Worldwide