New Businesses at DMCC Increased By 19%

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Between January and June of this year, at least 1,469 new businesses registered with the DMCC, increasing the total number of businesses in the free zone to 21,000.

Due to the robust demand from markets in Europe and Asia,the number of new enterprises opening in the UAE through Dubai Multi Commodities Centre (DMCC), the emirate’s flagship free zone, increased by 19% during the first half of the year.

Dubai’s strong commercial attraction to international investors has contributed to the high turnout of new firms. Growth was aided by strong quantities of trade for a variety of commodities, primarily diamonds, tea, and coffee, as well as by continued interest in the DMCC Crypto Centre, according to DMCC.