Since the CEPA signing DMCC grew 16%
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 ...