Dubai CommerCity and Link, the department store in Wafi City, have signed a partnership agreement to launch the “Spark Base” service. This is the first free zone in the digital trade sector, and the joint venture between the Dubai Integrated Economic Zones Authority (DIZ) and Wasl Properties aims to provide qualitative solutions by delivering a set of exceptional benefits to companies who are looking to expand their business operations in the region.
The signing of the partnership agreement was held in the presence of Sheikh Ahmed bin Manea bin Khalifa bin Saeed Al Maktoum, Vice President of the “Wafi” Group, and Amna Lootah, a member of the Board of Directors of Dubai CommerCity, along with representatives from both parties. The “Spark Base” service is an initiative aimed at attracting foreign companies to enter the commercial market in the region, as it works to facilitate business establishment procedures, provide cost-effective solutions, provide customs operations, unique multi-channel experiences, digital marketing, as well as an actual platform for testing the financial performance of products and providing operational spaces developed within the free zone for companies wishing to expand their business.
Dubai CommerCity’s commitment to achieving the goals of the Dubai Economic Agenda (D33) is reflected in this partnership. Through this initiative, Dubai aims to double the size of its economy and accelerate the growth of its digital economy, as well as support the UAE’s strategy for the digital economy, which aims to enhance foreign direct investment opportunities. The launch of the service also confirms Dubai CommerCity’s position as the ideal destination for international companies that provide leading digital solutions and an advanced business environment to enable them to develop their business operations in the region.
Sheikh Ahmed bin Maneh bin Khalifa bin Saeed Al Maktoum said that Dubai continues its leadership in adopting advanced technological solutions to enhance its digital system and facilitate commercial operations in the country. This contributes to consolidating Dubai’s position as a global center for trade and business and attracting foreign investments and international companies, by building a business environment within the system developed by the free zones in the emirate.
Amna Lootah said that this strategic partnership is an important development in their journey, as it is in line with their efforts to lay the foundations for a more integrated and flexible digital economy based on innovation and advanced technology. This is one of the main catalysts that support sustainable development and digital trade. Lootah also added that the “Spark Base” initiative comes as an exceptional opportunity for retailers to access a variety of benefits for their businesses, including operations related to establishing companies such as visa services, leasing, licensing, and opening a bank account. This partnership will contribute to achieving more successes and will achieve exceptional value for companies operating in the free zone.
In conclusion, The partnership between Dubai CommerCity and Link is a significant development in the region’s growing digital economy. The “Spark Base” service is a unique initiative that will provide companies with exceptional benefits, contributing to the growth of their business operations in the region. Dubai’s commitment to enhancing its digital system and facilitating commercial operations in the country will continue to attract foreign investments and international companies, making it a global center for trade and business.