DMCC sets new record for company registrations, Q1 performance

Supplied

DMCC welcomed 216 new businesses in April 2021, which is the highest recorded number for April in seven years.

The first quarter of 2021 was also the free zone’s best performance in seven years.

Despite the global economic situation, DMCC has continued to attract a broad range of entrepreneurs, SMEs and larger multinationals to Dubai through world-class facilities and business support services.

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 the zone's eco system for trade.

New bundled price packages and laser-targeted outreach saw DMCC drive engagement with key markets, including China, UK, France, India and others. Interest from Israel remains significantly strong.

"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," said Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC.

"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," he added.

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 11:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • Lunch with Lloyd

    11:00am - 2:00pm

    No one knows entertainment better than veteran Dubai broadcaster Mark Lloyd.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.

  • FARMER'S KITCHEN

    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!