About Us
Hamdanko, The General Trading Company established in 2016, is a UAE based company, with branches in Sharjah and Ajman. The Chairman is Mr. Hamdan Bin Azzan Bin Khadim Al Nuaimi, a Emirati National, with widespread entrepreneurial interest and experience.
Hamdanko general trading company operates in a wide range of fields and focuses more on business investment than on the basic trading business. In contrast, a specialized trading company operates a business in a specific field and focuses primarily on the trading business.
A General Trading allows to engage in a variety of trading activities, including import, export, re-export, distribution, and storage of goods. This gives you the flexibility to explore various business opportunities without any restrictions.
Our Activities
Hamdanko General Trading in the United Arab Emirates (UAE) involves the import, export, and trade of various goods and products. It encompasses the trading of a wide range of physical products, including but not limited to furniture, electronics, clothing, toys, and industrial equipment etc…
Trading Activities
Hedging: Trading activity to reduce the risk of adverse price movements in an asset
Speculating: Trading activity with the expectation of price movements that will create.
Arbitrage: Simultaneous purchase and sale to profit from a difference in the price
Types of trading: day trading, position trading, swing trading, and scalping.
Our Activities
Domestic Trade
Domestic trade refers to the buying and selling of goods and services within a country's borders. It involves the exchange of products between individuals, businesses, and government entities within the same country. Domestic trade plays a crucial role in boosting a nation's economy by promoting employment, generating revenue, and stimulating economic growth. It allows for the efficient allocation and distribution of resources, as well as fostering competition and innovation within the domestic market. Additionally, domestic trade helps in reducing dependence on foreign goods and services, thus strengthening a country's self-sufficiency. It encompasses various activities such as wholesale and retail trade, e-commerce, bartering, and direct selling. Overall, domestic trade is vital for maintaining a thriving and sustainable economy within a nation.
Wholesale Trade
Wholesale trade refers to the business of selling goods or merchandise in large quantities to retailers, industrial, commercial, institutional, or other professional business users. It involves buying goods from manufacturers or producers in bulk and selling them to various businesses, who then sell the products to end consumers. Wholesale trade plays a crucial role in the supply chain, as it allows retailers to access a wide range of products at competitive prices. It also provides manufacturers with a distribution channel to reach a larger market. This sector encompasses various industries, including wholesale of food, vehicles, textiles, electronics, and many more. The success of wholesale trade relies on efficient logistics, strong relationships with suppliers and customers, and a deep understanding of market trends and demands.
Retail Trade
Retail trade refers to the sale of goods or services to consumers for personal use. It is a vital sector of the economy, driving consumer spending and contributing to economic growth. Retailers can be found in various formats, such as department stores, specialty stores, supermarkets, and online platforms. They play a crucial role in connecting manufacturers or wholesalers with end consumers, bridging the gap between supply and demand. Retailers strive to meet consumer demands by offering a wide range of products, competitive pricing, and convenient shopping experiences. They often employ various marketing strategies, including advertising, promotions, and loyalty programs, to attract and retain customers. The retail trade sector is highly dynamic, influenced by changing consumer preferences, technological advancements, and economic conditions. Thus, retailers must constantly adapt and innovate to stay relevant in the ever-evolving retail landscape.
Foreign Trade
Foreign trade refers to the buying and selling of goods and services between different countries. It plays a crucial role in the global economy as it promotes economic growth, enhances competitiveness, and fosters international relations. Foreign trade allows countries to specialize in the production of goods and services that they have a comparative advantage in, leading to increased efficiency and productivity. It also enables countries to access a wider variety of goods and services that may not be available domestically. Through the exchange of goods and services, foreign trade creates opportunities for businesses to expand their markets, attract foreign investment, and generate employment. Additionally, it facilitates the transfer of technology, knowledge, and ideas between nations, contributing to innovation and development. Overall, foreign trade is an essential component of a country's economic development and integration into the global market.
Import Trade
Import trade refers to the process of bringing goods or services into a country from another country for the purpose of selling or consuming them. It involves various activities such as sourcing products from foreign suppliers, negotiating contracts, arranging transportation, and complying with customs regulations. Import trade plays a crucial role in the economy as it allows countries to access goods and services that may not be available domestically or are more cost-effective to import. It also promotes international trade and fosters economic growth by creating employment opportunities and stimulating competition. However, import trade can also have implications for domestic industries and the balance of trade, and therefore requires careful management and regulation.
Export Trade
Export trade refers to the selling of goods and services from one country to another. It plays a crucial role in the global economy, promoting international relations and economic growth. Through export trade, countries can access new markets, increase their revenue, and create job opportunities. Various factors contribute to the success of export trade, including competitive pricing, quality products, efficient logistics, and effective marketing strategies. Additionally, governments often provide support and incentives to encourage businesses to engage in export trade, such as tax benefits or funding for market research. Export trade requires businesses to understand and comply with international trade regulations and customs procedures. Overall, export trade facilitates the exchange of goods and services between nations, driving economic development and fostering international cooperation.
Contact Us
Get in touch with us for any inquiries or business opportunities.
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2016-2024
