"Dubai Multi Commodities" It aims to attract 2,000 new companies during 2025
NEW YORK, 13 November / WAM / His Excellency Dr. Hamad Buamim, Chairman of the Board of Directors of the Dubai Multi Commodities Center (DMCC), confirmed that the center aims to attract more than 2,000 new companies during the year 2025, in light of the continuous growth that Dubai is witnessing as a global business center.
His Excellency Buamim said in a statement to the Emirates News Agency, WAM, on the sidelines of the Dubai-USA Business Forum in New York, that the center is witnessing growth in parallel with the rest of the vital sectors in Dubai, explaining that the number of companies registered in the center has exceeded 26 thousand companies, and that the current momentum reflects the growing confidence in the business environment in the emirate.
He added: We expect to end the current year with a total of more than 2,000 new companies, after we recorded more than a thousand companies that have already joined the center during the first half of the year.
He explained that the sectors witnessing the highest growth rates within the center include trade in multiple commodities such as gold and diamonds, in addition to technology, artificial intelligence, blockchain technologies, and digital assets, noting that the Dubai Multi Commodities Center today embraces about 3,000 technology companies, making it the largest gathering of its kind in Dubai.
Buamim stressed that the center continues to work on developing its comprehensive economic system in line with Dubai’s “D33” economic strategy, which aims to strengthen Dubai’s position among the top three economic cities in the world during the next decade.
He said that the center’s current strategy focuses on maximizing the added value it provides to companies, through an integrated business environment that combines advanced infrastructure, smart services, and attractive legislation.
He pointed out that the Dubai Multi Commodities Center has succeeded in consolidating its position as the largest diamond trading center in the world since 2021, explaining that maintaining this leadership requires continuous efforts and continuous investments in services and facilities.
He said that reaching first place is an achievement, but maintaining it is the real challenge, stressing that the center will continue to work with the same momentum to achieve the same excellence in other sectors such as gold, energy and trade.
His Excellency pointed out that the economic events and international exhibitions organized by Dubai, such as the current forum, contribute a major role in strengthening the emirate’s position as a global center for trade and investment.
He pointed to the diversity of the investment environment in Dubai, explaining that foreign companies choose whether they prefer to join public free zones such as JAFZA and DAFZA, or specialized zones such as the Dubai Multi Commodities Center, which offers solutions tailored to each sector.
His Excellency Buamim stressed that Dubai has become the main gateway to global markets, whether towards Africa, the Middle East, India or China, and the Dubai Multi Commodities Center is part of this integrated economic system that enhances the UAE’s position as a global center for business and innovation.
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