The Chairman of the Board of Directors of the Dubai Multi Commodities Centre (DMCC), Dr. Hammed bin Awaid, confirmed that the centre aims to attract more than 2,000 new companies during the year 2025, amidst the continuous growth that Dubai is witnessing as a global business hub.
Awaid stated in an interview with Emirates News Agency (WAM) on the sidelines of the Dubai-US Business Forum in New York, that the centre is growing in parallel with other vital sectors in Dubai, pointing out that the number of companies registered in the centre has exceeded 26,000 companies.
He added: "We expect to conclude the current year with a total exceeding 2,000 new companies, after we recorded more than 1,000 companies that have already joined the centre in the first half of the year."
He explained that the sectors witnessing the highest growth rates within the centre include multi-commodity trade such as gold and diamonds, in addition to technology, artificial intelligence, blockchain technologies, and digital assets, pointing out that the DMCC today hosts about 3,000 technology companies, making it the largest hub of its kind in Dubai.
