2,692 new companies join Dubai Multi Commodities Centre (DMCC) business district, marking a near-record year and accounting for 11% of Dubai's total foreign direct investment inflows.

Dubai Multi Commodities Centre (DMCC) reported a near-record year in 2023, with 2,692 new companies joining its business district, bringing the total to over 24,000. The Uptown Dubai district's expansion and new industry ecosystems drove the growth, and DMCC accounted for 11% of Dubai's total foreign direct investment inflows. The DMCC Crypto Centre welcomed 129 companies, making it the largest concentration of crypto, blockchain, and Web3 companies in the region.

March 11, 2024
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