DUBAI, UAE: The Dubai Multi Commodities Centre (DMCC) – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has published its 2023 Annual Report and confirmed its second-best year on record as companies continue to flock to its business district.
A total of 2,692 new companies joined the DMCC last year, bringing the total number of companies in DMCC to over 24,000.
مركز #دبي للسلع المتعددة يسجّل ثاني أفضل أداء سنوي في تاريخه مستقطباً 2,692 شركة جديدة إلى دبي خلال عام 2023 ليتجاوز إجمالي عدد الشركات المسجلة في المركز 24,000 شركة.https://t.co/MiHa1evuic pic.twitter.com/DbNZqEbw02
— Dubai Media Office (@DXBMediaOffice) March 11, 2024
The launch of new industry ecosystems, the expanded service offerings and the physical growth of the Uptown Dubai district with the launch of Uptown Tower have driven DMCC’s 2023 growth story.
The DMCC maintained its leading role as a magnet for Foreign Direct Investment (FDI), accounting for 11% of Dubai’s total FDI inflows and driving its status as a global hub for trade in commodities like diamonds and precious stones, gold, energy and agri-softs as well as high-value services such as crypto, gaming and Web3.