Today: 22 June 2025
25 January 2024
2 mins read

DMCC kicks off global trade roadshow in London

The event was hosted at the Arab British Chamber of Commerce in partnership with the Embassy of the United Arab Emirates in London…reports Asian Lite News

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 months we have continued to enhance DMCC’s value proposition, driving major structural changes to the business district and attracting new levels of FDI to Dubai. With an intake of 2,700 new companies last year, including 200 British companies, we have seen strong growth across our ecosystems and in particular in our crypto and gaming centres, whilst a new DMCC AI Centre is due to launch imminently. Investments in infrastructure are critical to absorbing such demand, and we opened our new headquarters of Uptown Tower last year, including 22 floors of Grade A office space for our members in the first of nine commercial and residential towers to crown Uptown Dubai district.”

The event was hosted at the Arab British Chamber of Commerce in partnership with the Embassy of the United Arab Emirates in London. Senior DMCC executives briefed 160 business leaders from various sectors on the ease of doing business in Dubai through DMCC, one of the world’s most interconnected business districts. The discussion shed light on Dubai’s resilience to global economic headwinds, its low inflationary environment and business-friendly policies, which have cemented its reputation as an international business hub.

DMCC’s Made for Trade Live roadshows play an influential role in showcasing Dubai as a prime destination for business. Through the series, DMCC highlights Dubai’s unique value proposition to attracting FDI to the emirate. DMCC accounts for 11% of Dubai’s annual FDI inflows and the free zone recorded its second best year on record in 2023 by welcoming nearly 2,700 new companies to the district. DMCC is now home to over 24,000 businesses from across the world.

ALSO READ: India, France & UAE Conduct Joint Air Drills

Previous Story

Gill, Sharma Excel, Secure BCCI Awards

Next Story

Kuwait Emir Welcomes RAK Ruler

Latest from -Top News

US committed great crime: Iran

Iran has now called for an emergency meeting of the UN Security Council and demanded the IAEA Board of Governors address the situation….reports Asian Lite News Iran has strongly condemned the United

Strike Iran, Face Us, Houthis warn US

The Yemen-based Houthi group, which controls much of northern Yemen, has been targeting Israel since November 2023…reports Asian Lite News Yemen’s Houthi group issued a stark warning on Sunday, declaring they would

Tehran Hits Back After US Strikes

The missiles struck several locations across central Israel. Notably, one hit Haifa without any prior warning sirens, raising alarm over possible gaps in the missile alert system….reports Asian Lite News Iran fired

Trump Dares Iran Again

This comes as Trump announced that America had bombed three nuclear sites in Iran and warned Tehran of further precision strikes…reports Asian Lite News US President Donald Trump declared that no other
Go toTop

Don't Miss

Etihad Rail completes excavation works of all tunnels

The network will also support the development of the transport

Abu Dhabi blast: Mortal remains of 2 Indians to reach country today

The mortal remains of the two Indians killed in an