GJ Town India

DMCC member stands at 3,888 & trade reach to US$ 85bn!   Update 1: DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has affirmed its latest drive to attract a new wave of Indian businesses to Dubai following the conclusion of its latest Made for Trade Live roadshow in New Delhi and Mumbai.  Looking to build upon the USD 85 billion non-oil trade corridor between the two countries, DMCC highlighted the role of its district and infrastructure as a platform for Indian companies to expand internationally and unlock growth opportunities.    The UAE’s bilateral trade with India has accelerated in recent years, surging 16% in 2023 after the implementation of the pioneering Comprehensive Economic Partnership Agreement (CEPA). This growth is reflected at DMCC through its growing Indian member company base, which currently stands at 3,888, or 16% of its 24,000 members.    Ahmed Bin Sulayem, Executive Chairman and Chief Executive

DMCC attracted 216 businesses in April   DMCC-the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – welcomed 216 new businesses to their Free Zone in April 2021, the highest recorded number for April in 7 years. Q1 2021 was also the Free Zone’s best performance in seven years.   Despite the global economic situation, DMCC has continued to attract a broad range of entrepreneurs, SMEs and larger multinationals to Dubai through world-class facilities and business support services, demonstrating their value-add for member companies. The strong growth builds on momentum coming from initiatives including the highly anticipated DMCC Cacao Centre and the upcoming DMCC Crypto Centre, which with further expand DMCC’s ecosystem for trade.   New bundled price packages and laser-targeted outreach, saw DMCC drive increase engagement with key markets, including China, UK, France, India and others. Interest from Israel remains significantly strong.