DMCC kicks off 2024 Global Trade Roadshow in London

  • Date: 24-Jan-2024
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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DMCC kicks off 2024 Global Trade Roadshow in London

- Opportunities for British businesses in Dubai highlighted under the context of 47.3% YoY bilateral trade growth

- DMCC home to nearly 2,100 British member companies, representing a 10% YoY growth and 8.5% of DMCC member base

- DMCC in London as part of first Made for Trade Live roadshow in 2024, and preparations for the launch in Spring 2024 of the Future of Trade biannual edition

Dubai, UAE: DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – affirmed its goal of attracting greater levels of foreign direct investment (FDI) from the United Kingdom during the ninth edition of its global trade roadshow, Made For Trade Live, in London.

UK-UAE bilateral trade grew 47.3% year-on-year to reach GBP 25.5 billion (AED 119 billion) in the four quarters to the end of Q2 2023 whilst DMCC presented a range of other growth opportunities for British businesses to set up in Dubai and tap into some of the world’s fastest growing markets.

Over 200 British companies joined DMCC’s business district in 2023 alone, taking the total to 2,080, and representing a 10% year-on-year growth.

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “In the past 12