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Dubai.News » Home - Business - DMCC Reaches Over 500 Italian Companies in 2024 Following Successful Roadshow in Italy
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DMCC Reaches Over 500 Italian Companies in 2024 Following Successful Roadshow in Italy

The Dubai Free Zone Sees Growth in Italian Business as UAE-Italy Trade Hits $9 Billion
Suhail HasanBy Suhail HasanOctober 1, 20241 Min Read
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What To Know

  • This came after the DMCC recently completed the Made For Trade Live roadshow, which it conducted in Milan and Rome to showcase the opportunities in goods that include jewellery, luxury, and fashion.
  • 3 billion for the same year and using Dubai as a gateway to the world, DMCC helps Italian companies to trade beyond $9.
  • The incentive business environment in the free zone has the elements such as low tax systems and well-equipped infrastructure that attract most international organizations.

DMCC, the world’s number one free zone and Government of Dubai’s official commodities trade association, has now attracted over 500 Italian companies, up 6% this year, 2024. This came after the DMCC recently completed the Made For Trade Live roadshow, which it conducted in Milan and Rome to showcase the opportunities in goods that include jewellery, luxury, and fashion.

Italian foreign trade reached $6.3 billion for the same year and using Dubai as a gateway to the world, DMCC helps Italian companies to trade beyond $9.3 billion to the UAE in 2023. The incentive business environment in the free zone has the elements such as low tax systems and well-equipped infrastructure that attract most international organizations. DMCC is now 15% of Dubai’s annual FDI and currently hosts almost 25000 international companies.

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Suhail Hasan

Suhail Hasan is a British businessman and entrepreneur who is the COO of Fame and guest author of Dubai News.

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