Growing US Presence at DMCC:
As part of its ambitious global roadshow 2024, Dubai Multi Commodities Centre “DMCC” concluded its latest Made for Trade Live roadshow in Washington, DC.
DMCC witnessed a 10% year-on-year increase in the number of American companies registered in its international business district in 2023.
Taking total American membership to 679 – about 45% of the 1,500 American businesses in the UAE.
The roadshow builds on the growing bilateral ties between the United States and the UAE in trade and investment.
Mentioning that the events highlighted opportunities for American businesses within the digital economy.
As the UAE-US Economic Policy Dialogue affirms economic ties.
100 American Business Leaders Attend:
The events were attended by 100 American business leaders.
The speakers and DMCC delegation highlighted the available opportunities for US companies.
So they can expand their operations in the Middle East.
Noting that DMCC is playing a pivotal role in enabling these companies access to some of the fastest-growing markets globally from Dubai.
Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, said:
“With a 10% increase in the number of US companies year-on-year, the United States continues to be a major source of foreign investment for DMCC.
We are proud to be the business hub of choice for American companies in the region.
Last year, we achieved our second-highest annual growth in our history …
With over 60 new American companies joining besides 2,700 other global businesses.
This high level of interest reflects the major investments we have made in our business district infrastructure.
Including the opening of Uptown Tower.
In addition to the continued expansion and construction of the prime office space next phase.
In order to meet the needs of new international companies coming to Dubai.”
The events were held in partnership with:
- The Embassy of the United Arab Emirates in Washington, DC
- Washington Chamber of Commerce
- Artefacto Global Services
-
Greater Washington Hispanic Chamber of Commerce
- New York Chamber of Commerce
DMCC’s roadshows play a vital role in showcasing Dubai as a leading business destination.
Through this series, DMCC highlights Dubai’s unique value proposition.
It also attracts significant levels of foreign direct investment (FDI) into the emirate.
Mentioning that DMCC is contributing 11% of Dubai’s total annual FDI flows.
“The Museum of the Future,” a unique journey in the history of creativity and progress, initiated in 2014, flourishing with sustainable technology
it has welcomed over a million visitors from 163 countries. A symbol of innovation and a spirit of challenge🌟 pic.twitter.com/0NeGt0XSJH
— UAE Voice (@uae_voiceeng) February 8, 2024
About DMCC:
DMCC is Dubai’s Government authority for trade and enterprise.
It is also the world’s leading free zone, as it has more than 18,000 registered member companies.
DMCC provides a wide range of services and facilities to help businesses of all sizes grow and thrive.
The strategic location at the crossroads of East and West makes DMCC the ideal hub for companies looking to access new markets and trade corridors.
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