DMCC recorded its best ever Q1-Q3 performance since the organisation was formed in 2002, welcoming 1,800 companies to Dubai. In September alone, DMCC welcomed 215 new businesses to its Free Zone and business district, the best September performance since inception. This builds upon DMCC achieving their best H1 performance since 2013 and the best June and August on record earlier this year.
The record-breaking performance was driven by DMCC’s continued focus on increasing the ease of doing business and setting up a company in Dubai, the expansion of the DMCC Tea and Coffee Centres, the launch of the DMCC Cacao Centre, and the launch of the DMCC Crypto Centre, which is on track to become home to 100 crypto and blockchain companies by the end of the year.
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “By all accounts, DMCC started 2021 from a position of strength, allowing us to deliver the best H1 performance in eight years. We carried that momentum forward into the third quarter, and have continued to shatter all previous records since DMCC’s establishment in 2002. With Expo 2020 Dubai now underway, and significant milestones for the UAE on the horizon, I fully expect we will reach over 20,000 member companies by the end of the year.” He added: “The pandemic has been a ten-year accelerant for business culture and digital transformation, during which time DMCC has ensured to stay ahead of the curve in providing what the market both wants and needs.”