Commodities trader RMM Global FZCO hails benefits of Dubai Airport Freezone

01/04/2010 - Dubai Investment News
Commodities trader RMM Global FZCO hails benefits of Dubai Airport Freezone

Posted by Bob Brunskill

RMM Global FZCO, a commodities trading company with a turnover of AED 62 million, has hailed the business advantages of being based in Dubai Airport Freezone and the emirate at large.

Naim Zehil, director of RMM Global FZCO, said: "Dubai's strategic location between the Far East and European market, transparency, security, stability and pro-business policies of Dubai and the UAE's visionary leadership were the main factors in RMM Global's decision to base their worldwide operations' main office in Dubai from its earlier location in London."

Mr Zehil said that when scouting for a new location for the company in 2003, he had particularly looked for a destination with a friendly and welcoming business environment, adding that Dubai had met these requirements.

He suggested that as a company engaged in international commodities, its trading partners expect RMM Global FZCO to be based in a place with a stable political system and international trading laws, which Dubai and Dubai Airport Freezone have.

Earlier this week, Arab News reported that Dubai's stock market reached a three-month high at the weekend, reflecting rising investor confidence following the issuance of a new debt restructuring plan for the Dubai World real estate development.

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