UAE Business: DMCC doubles Chinese companies over last 5 years – Gulf Digital News

  • Date: 14-Sep-2022
  • Source: Gulf Digital News
  • Sector:Technology
  • Country:UAE
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UAE Business: DMCC doubles Chinese companies over last 5 years – Gulf Digital News

Dubai Multi Commodities Centre (DMCC) has announced a doubling of Chinese companies in its Free Zone, and adding on average more than two Chinese companies a week.

Today, DMCC is home to 703 Chinese businesses, representing nearly 12% of the Chinese companies in the UAE. This growth is underpinned by a long-standing diplomatic and economic relationship between the UAE and China.

DMCC has played a vital role in strengthening the UAE–China trade relations and in enhancing the presence of Chinese companies in Dubai. Since its establishment, DMCC has signed a wide range of agreements with public and private entities in China to boost the bilateral trade relationship, and hosted roadshows and webinars to facilitate the international expansion of Chinese companies.

Integrated infrastructure

DMCC has created an integrated infrastructure that caters to the Chinese business community, including the establishment of the Yingtian Chinese Business Centre DMCC in 2017 to aid Chinese companies wanting to set up a company in Dubai. In addition, DMCC’s website was also launched in Mandarin to further increase the ease of doing business in Dubai. In 2020, a China Service Centre opened its doors in Almas Tower, DMCC’s headquarter, with Mandarin onboarding support across all client touchpoints, while a representative office