Dubai Wholesale City, the global integrated wholesale trading hub and member of TECOM Group, hosted a exclusive Innovation in Trade forum at its headquarters in Dubai Studio City. The event convened specialists to go over latest advancements and trends in the wholesale trading sector and identify the steps essential to form a smart city platform in accordance with the Dubai Federal government's smart city vision.

Abdulla Belhoul, Chief Executive Officer of Dubai Wholesale City, went to the session that focused on highlighting innovative modern technologies to develop the smart city platform and optimize day-to- day wholesale procedures. A number of calculated partners of Dubai Wholesale City, including Accenture, the International management working as a consultant, along with staff member of TECOM Group took part in the forum.

Speaking on the relevance of the event, Belhoul stated: "In an effective discussion with our partners, we attended to a range of issues pertinent to innovation in the wholesale trading market in the UAE. Spanning key topics such as the capability of smart solutions and digital platforms to add value to dealers, the talks paid particular attention to the duty of digitization in improving trade competition."

He included: "To achieve maximum effectiveness, innovation in wholesale trade needs to encompass multiple streams, such as mobility, waste monitoring, energy effectiveness, security and protection, procedures, ecommerce and smart city services. With a concentrate on these vital streams, the end results of our session will enable us to construct an innovation roadmap that will certainly be crucial to our success. We believe such forums use significant value to Dubai Wholesale City and to our stakeholders in incorporating finest techniques to improve efficiency."

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