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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Dubai's DMCC Says to Launch Cacao Center

The Dubai Multi Commodities Center (DMCC) plans to launch a cacao center that aims to make Dubai a global hub for trade in the bean, the Dubai government's media office said on Sunday.

It said the DMCC Cacao Center would initially incubate a select range of cacao services starting in mid-2021 within its Coffee Centre in Jebel Ali free zone.

"DMCC is in contact with a range of cacao industry players, including Blue Stripes Urban Cacao and stakeholders across West Africa and South America, in order to better understand the needs of the market and how Dubai can play a central role in supporting its sustainable growth," it added, Reuters reported.

Last July, DMCC said it plans to expand its Coffee Center, which opened in 2019, as well as its Tea Center, which launched in 2005.

The coffee center offers infrastructure and services for green bean storage, processing, roasting, packing and delivery.

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