DMCC presents UAE-UK trade to London business leaders

DUBAI, May 4, 2023 – DMCC, the world’s largest free zone, and the Government of Dubai Authority for commodities trade and enterprise, has completed its global roadshow “Made For Trade Live”. This was its eighth stop in London. Business leaders from all over the United Kingdom were invited to London to show off Dubai’s unique environment for companies seeking to expand internationally.

The event, held in partnership with the Arab British Chamber of Commerce and Asia House (ABCC), saw senior DMCC executives inform 150 business leaders of various sectors about the ease of doing businesses in Dubai via DMCC, which is one of the most interconnected business districts in the world. In light of ongoing discussions on a free trade agreement, the discussion focused on ways to improve trade between the UAE and UK.

DMCC’s roadshow highlighted Dubai’s resilience in the face of global economic headwinds. It also highlighted its low inflation environment and business-friendly policies that have cemented Dubai’s reputation as a hub for international trade and business.

Ahmed bin Sulayem said that the total trade in goods and service between the UK, UAE, and DMCC increased by 56.7%, to US$23.5 Billion in the twelve months leading up until Q3 2022. This further highlights DMCC as a strategic partner, and why we have around 40% of British companies in the UAE. We are in London to speak directly to leaders of business to show the potential DMCC has to offer UK businesses that want to trade internationally and set up shop in Dubai.

Over the years, DMCC was instrumental in developing the UAE-UK trade. The DMCC currently houses more than 2,000 British firms, which is around 8%, of its membership base. It acts as a conduit for British businesses that are looking to tap regional and international markets through setting up a Dubai base.

DMCC’s Made for Trade Live Roadshows are instrumental in promoting Dubai as a premier business destination by highlighting the unique value proposition of the emirate and attracting FDI. In Q1 of 2023, DMCC welcomed 708 new businesses to its free zones, bringing DMCC’s total number to almost 23,000 companies.

Ahlam Almazrooi/ Rola AlGhoul

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