Meydan Free Zone, the global leader in comprehensive business setup services, has inked a strategic Memorandum of Understanding (MoU) with DGBusiness.com, the region’s most innovative B2B procurement and sourcing platform.
The collaboration underlines the shared vision of both entities to empower Small and Medium Enterprises (SMEs) to Grow from Dubai, contributing towards a robust and sustainable economy.
DGBusiness.com, the strategic B2B vertical of Sharaf DG, is set to provide its commercial offerings through Meydan Platform, an eCommerce platform designed by Meydan Free Zone to foster exchange between regional buyers and sellers. By integrating services like logistics, payment processing, and marketing, the initiative aims to significantly reduce operating costs while enhancing profitability for SMEs in the UAE.
In this collaboration between Meydan Free Zone & DGBusiness.com, the entrepreneurs can select from an expansive range of more than 2,500 business activities spanning a variety of sectors, industries, niche markets and select Business ready IT and office Products and Services to set up and grow their business in Dubai.
Additionally, the award-winning Meydan Free Zone extends its services beyond the norm for its trade license holders by enabling them to open bank accounts in over 26 local and international banks with a guaranteed IBAN. Being 100 percent digital, the integrated platform of Meydan Free Zone further supports DGBusiness.com users in securing essential Dubai Customs codes, a prerequisite for companies engaged in import/export operations in Dubai.
Known for its extensive offerings of eCommerce solutions, Meydan Platform provides businesses with an array of growth-enhancing features, including supply chain management, logistics services, and payment gateway integration. With the added convenience, DGBusiness.com strives to enhance the customer journey for SMEs by offering a uniform buying experience while maintaining transparency, compliance, and assurance of the best B2B products and services.
The DGBusiness.com platform streamlines the sourcing process for SMEs, allowing them to digitize their procurement seamlessly and without any friction. The online platform also provides features such as new product launches, promotional offers, webinars, training, and dedicated events to engage with registered customers to improve their business efficiency.
“Meydan Free Zone has invariably fostered purposeful partnerships that act as catalysts for advancement, innovation, and success for all those who aspire to Grow from Dubai. Our synergistic partnership with DGBusiness.com is a milestone, establishing a unique model for industry-wide cooperation. This Memorandum of Understanding highlights a momentous stride in our relentless pursuit to uplift SMEs and drive a sustainable economy within the region.”
Mr. AS Pillai, Sr. General Manager & Strategic Business Head at DGBusiness.com, said that “Sharaf DG has always strived towards innovation and improving customer experience through the adoption of the latest technologies. Post covid, we witnessed a radical change in customer’s behavior towards digital sourcing. We surveyed our B2B customers and found that more than 60 percent of SMBs preferred to buy from online platforms. DGBusiness.com is part of our digital transformation journey and represents our commitment to providing ready access to world leading B2B products, services, and solutions.
Mr. Pillai added that “The platform was developed to address the challenges faced by SMBs and provide them with a unified and friction-free platform to source their requirements from top brands and credible sellers at competitive prices with a committed SLA. Under this partnership, we have created an exclusive web page for Meydan customers to maximize their business potential.”
This partnership demonstrates the steadfast commitment of Meydan Free Zone and DGBusiness.com toward empowering regional SMEs. By setting the stage for remarkable business growth, it further reinforces Dubai’s role as a thriving epicenter of global commerce.