DMCC sees best H1 performance in 8 years
DMCC – the flagship global free zone and the Dubai government’s authority on commodities trading and businesses – welcomed 1,230 new member companies in the first half of 2021, the best 6-month performance since 2013.
This builds on DMCC’s strong performance in 2020, in which the business district attracted 2,025 new businesses supported by DMCC’s relief programs offered during the global pandemic.
In June alone, DMCC welcomed 220 new businesses to its free zone and business district, the best performance in June since its inception. The first quarter of 2021 also marked DMCC’s best performance in seven years.
To make doing business easier, DMCC has entered into a number of partnerships with financial institutions – including Mashreq Bank and Commercial Bank of Dubai – to offer new and existing members a range of exclusive services.
DMCC to build blockchain-enabled precious metals refinery in Dubai
Improvements and simplifications have also been made to the business creation process, with further innovative changes planned to make it easier to start a business in DMCC Online later in the year.
Ahmed Bin Sulayem, Executive Chairman and CEO, DMCC: “DMCC’s performance is built on the power of persistence, ambition and innovation.
“We carried over the record-breaking performance of 2020 into 2021, with another round of very solid achievements across all of our pillars.
“The numbers speak for themselves and following the recent launch of the DMCC Crypto Center, which garnered considerable interest from the global crypto community, the second half of the year looks even more promising.
“We expect to reach 20,000 members by the end of the year – a target that we will achieve, I am confident. As the Emirate prepares to welcome the world to EXPO 2020 Dubai and as our country is looking to celebrate its golden jubilee, the future offers many more opportunities for growth. “
Read more: DMCC launches Crypto Center