DMCC achieves highest new member company registrations in 2022, attracting 3,049 businesses

DMCC achieves highest new member company registrations in 2022, attracting 3,049 businesses

DUBAI, 9th January, 2023 (WAM) -- DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has announced that it achieved its best-ever year for new member company registrations, attracting 3,049 new businesses to Dubai in 2022.

An increase of 23% year-on-year, breaks the previous record set in 2021 when DMCC registered 2,485 new members.

The record growth was driven by prominent international demand, DMCC’s continued work within key commodities sectors, and the growing demand from blockchain and web3 businesses for space at the DMCC Crypto Centre, to the extent that the Crypto Centre is now home to over 500 companies.

Each of these areas was underpinned by DMCC’s commitment to increasing the ease of setting up and doing business in Dubai.

Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said, “Backed by a strong regional macroeconomic landscape, DMCC has been efficiently accelerating its growth strategy throughout 2022, focusing on supporting its member companies in high-impact sectors such as web3 and blockchain technologies, commodities and global trade.”

He added, “I often view our member company registrations as a barometer for commercial and FDI activity in Dubai – these record-high numbers demonstrate burgeoning investor confidence in