DMCC cuts business set-up fees by 50% for diamond companies

CountryUnited Arab Emirates

Dubai – Mubasher: The Dubai Multi Commodities Centre (DMCC) announced slashing its business set-up fees for all diamond-connected companies by 50%. The reduction is effective immediately and valid until 30 September, according to a recent statement. In addition, new company registrations will also be offered a free 12-month membership of the Dubai Diamond Exchange (DDE), a diamond trading platform comprising more than 1,000 diamond companies in Dubai. DMCC lit up the iconic Burj Khalifa, the world’s tallest building, with a visual display in celebration of the diamond story. Ahmed Bin Sulayem, executive chairman and CEO of DMCC, said, “By reducing the cost of setting up in DMCC by record levels, we hope to remove barriers to entry and supply the type of support required by business during challenging more...