DMCC Records Best August Performance Since Its Launch

DMCC: 204 new companies joined.

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DMCC, the world's leading free zone and government authority on commodity trade and enterprise, today announced its best-ever August performance since its inception in 2002, with 204 new companies joining, and the best eight-month performance in seven years. . This comes as a continuation of the record success of the commercial zone in recent months and a continuation of the strong performance shown by the center during the first half of this year, after it attracted 1,230 new companies, achieving its best semi-annual performance since 2013.

The DMCC has witnessed continuous growth over the past years, which was supported by strategic partnerships that contributed to the enhancement and simplification of doing business, in addition to promotional campaigns that attracted trade flows to the Emirate of Dubai and other new initiatives, including the "Crypto Center" of the Dubai Center For multiple commodities, which provides a comprehensive ecosystem that supports the growth and prosperity of businesses and companies active in the crypto and blockchain sectors.

On this occasion, Ahmed Bin Sulayem, CEO and CEO of DMCC, said: “DMCC continues its promising growth trajectory and is approaching its desired goal of reaching 20,000 member companies within its free zone by the end of 2021. It reflects Business record level, even during the quieter summer months, the promising potential in our business district is constantly attracting the interest of companies of all sizes and countries.As Dubai prepares to host the world during Expo 2020 Dubai in a few weeks, we see wide horizons of fruitful opportunities Based on this momentum, we look forward in the next few months to record more distinguished achievements and gains.”

For his part, Ahmed Hamza, Executive Director of the Free Zone, said: “DMCC provides an ideal business environment supported by a set of components and capabilities, which include an integrated digital system that allows the establishment of companies and businesses digitally, in addition to our innovative portfolio of solutions, products and services, which makes us the preferred partner. Our network of contacts is unparalleled and these factors I mentioned are of great importance to any company that aspires to expand its presence and enhance its growth path.”

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