Dubai Multi Commodities Centre (DMCC), the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, welcomed 1,456 new member companies to its business district in the first half of 2023, recording a near identical six-month performance since its record-breaking first half in 2022 when it registered 1,469 new companies. It also means that today the DMCC is home to more than 23,000 member companies from across the globe.
Ahmed Bin Sulayem, Executive Chairman and CEO of the DMCC, said, “We are proud of our remarkable journey and registering strong achievements across every sector we operate in. Today, we stand at an unprecedented 23,000 companies while contributing over 11 per cent to Dubai’s FDI. After such an exceptional half-year performance and with many exciting plans still in the pipeline, we look forward to another successful second half and unlocking new opportunities for companies to do business and connect with the world.”
Feryal Ahmadi, Chief Operating Officer of the DMCC, added, “Our performance in H1 2023 is a testament to our relentless efforts in driving innovation and embracing the dynamic needs of businesses worldwide. By facilitating trade, attracting foreign direct investment and cultivating strategic partnerships, the DMCC is propelling the evolution of Dubai as a thriving hub for business. We remain dedicated to supporting the growth and success of all our member companies.”
Despite the challenging global economic environment, the DMCC continued to attract a broad range of multinationals, SMEs and entrepreneurs worldwide through its unique value proposition.
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished
