DMCC, a Dubai government authority on commodities trade and enterprise, onboarded 216 new businesses to their free zone in April 2021, the highest recorded number for the month in seven years. Q1 2021 was also the free zone’s best performance in seven years.

The strong growth builds on momentum coming from initiatives including the highly anticipated DMCC Cacao Centre and the upcoming DMCC Crypto Centre, which will further expand DMCC’s eco system for trade.

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “The global pandemic has resulted in business across the world reassessing where they are based to ensure they have access to the right levels of support, leading facilities and first-class services. Our community of over 18,000 businesses continues to grow at record rates because we are doing exactly that – supporting our member companies and increasing their ease of doing business." 

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.

(Writing by Seban Scaria; editing by Daniel Luiz)

 seban.scaria@refinitiv.com 

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© ZAWYA 2021