Dubai Knowledge Village (DKV), a member of Tecom Investments, has signed a three-year Memorandum of Understanding (MoU) with the Dubai Export Development Corporation (DEDC) to facilitate human capital services organisation and aggressively expand their footprint across the region.

Under the agreement, a joint management committee from both the entities will help companies based in the knowledge cluster to penetrate potential markets including the GCC, Middle East and the Indian Subcontinent.

With an aim to promote Dubai in the international arena, DEDC will work towards creating an enabling environment through hosting special events in partnership with companies based in Dubai Knowledge Village.

Workshops will be held to highlight potential export areas in the region, while focusing on the benefits of establishing export clinics for developing an organization’s competency in the sector and help raise profitability.

“As the world's only free zone totally dedicated to human resource management, Dubai Knowledge Village regularly spearheads activities that aim to equip professionals and executives with skills relevant to their respective industries,' said Dr Ayoub Kazim, executive director, DKV.

“We are pleased to be part of this initiative to create opportunities in international markets for Dubai’s knowledge-based sectors. The expansion of these companies will be in line with the objectives set out in the Dubai Strategic Plan 2015.”

Under the MoU, DEDC will facilitate export financing schemes, and boost HR development through training on export marketing, social and environmental concerns, and sharing best practices in the industry.

“DEDC not only focuses on promoting non-oil exports from the emirate but is also concentrating on spreading awareness on the various services Dubai can make available to overseas markets,” said Engineer Saed Al Awadi, chief executive officer, DEDC.-TradeArabia News Service