DMCC records best half-year performance in 8 years

DMCC welcomed 1,230 new companies in the first half of 2021, the best six-month performance since 2013.

The world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, welcomed 220 new businesses in June alone.

This builds on its strong performance in 2020, during which the business district attracted 2,025 new businesses supported by relief packages offered during the global pandemic.

To increase the ease of doing business, DMCC inked 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.

Improvements and simplifications were also made to the company set up process, with further innovative changes scheduled to increase the ease of setting up a company in DMCC online later in the year.

"We expect to reach 20,000 members by year-end – a target I am confident we will achieve. As the Emirate prepares to welcome the world to EXPO 2020 Dubai and our nation looks to celebrate its Golden Jubilee, the future holds many more opportunities for growth," said Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC.

.@DMCCAuthority welcomed 1,230 new member companies in first half 2021, the best 6-month performance since 2013. This builds on DMCC’s performance in 2020, during which the business district attracted 2,025 new businesses supported by relief packages offered during the pandemic. pic.twitter.com/o6GHQQxbam

— Dubai Media Office (@DXBMediaOffice) July 6, 2021