Under the MoU, both organisations will establish a long-term business relationship which includes exchanging expert knowledge, opinions and ideas on potential business prospects, as well as explore the possibility of importing and exporting goods between UAE and Mongolia.

S & Royal Group will also explore becoming a permanent member of DGCX and the Dubai Multi Commodities Centre (DMCC).
Les Male, CEO of DGCX, said: “Mongolia is a land that is rich in natural resources and potentially lucrative opportunities, and this MoU with S & Royal Group Mongolia - a leading investment of the country - is aligned with our goal of fostering greater cross-border collaboration and enhancing our knowledge base. The potential benefits of this agreement are vast, and we see this MoU as merely the first step in a long and beneficial relationship.”