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DMCC Tops 500 Italian Companies in 2024 After Italy Roadshow

Dubai's top free zone drew nearly 180 Italian executives in Milan and Rome as UAE–Italy bilateral trade nears $9 billion.

By DUBAI2 min read
DMCC Tops 500 Italian Companies in 2024 After Italy Roadshow
DMCC Made For Trade Live roadshow in Italy, September 2024. Photo: DMCC
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  • 1DMCC now hosts over 500 Italian companies, a 6% increase since the start of 2024, making Italy one of the free zone's fastest-growing member markets.
  • 2The Made For Trade Live roadshow visited Milan and Rome in September 2024, briefing nearly 180 Italian executives on sectors including jewellery, luxury, fashion, energy, and technology.
  • 3UAE–Italy bilateral trade reached nearly $9 billion in 2023, with the UAE standing as Italy's largest Arab trading partner.
  • 4DMCC contributes 15% to Dubai's annual FDI inflows and currently hosts close to 25,000 international companies from across the world.
  • 5Italian businesses are attracted by DMCC's 9% corporate tax rate, business-friendly regulation, and world-class infrastructure in the heart of Dubai.

DMCC, the world's number-one free zone and the Government of Dubai's official commodities trade body, has now attracted over 500 Italian companies — up 6% since the start of 2024. The milestone follows the successful completion of DMCC's Made For Trade Live roadshow, which visited Milan and Rome to highlight opportunities in sectors including jewellery, luxury, fashion, energy, and technology.

DMCC Italian Companies Milestone Reached After Roadshow

The two Made For Trade Live events in Italy, held in partnership with Corbello Cardo, Gravante & Raimo, Forbes Italia, and Golf Club Courmayeur et Grandes Jorasses, drew nearly 180 Italian business leaders. Senior DMCC executives briefed attendees on the ease of doing business in Dubai through DMCC, covering the free zone's competitive regulatory environment and its strategic role as a gateway for global trade.

Ahmed Bin Sulayem, DMCC Executive Chairman and CEO, said: "With almost $9 billion in bilateral trade in 2023, the UAE is Italy's top trade partner in the region — and DMCC is the preferred platform for Italian companies looking to expand globally."

UAE–Italy Trade and DMCC's Global Reach

UAE–Italy bilateral trade reached nearly $9 billion in 2023, and the UAE is firmly established as Italy's largest Arab trading partner. DMCC accounts for 15% of Dubai's annual foreign direct investment inflows and currently hosts close to 25,000 international companies from around the world.

In 2023 alone, DMCC welcomed nearly 2,700 new companies to its district — a pace of growth that underlines Dubai's continued appeal as an international business hub. Italian firms represent one of the fastest-growing European segments within the free zone.

Why Italian Companies Choose DMCC

The business environment at DMCC offers a combination of factors that appeal to international firms: a competitive 9% corporate tax rate, business-friendly regulation, world-class infrastructure, and a location that provides access to markets across the Middle East, Africa, and South Asia.

Sectors in focus during the Italy roadshow included precious stones and jewellery — two areas where Italy has significant global expertise — alongside luxury and fashion, coffee, energy, and technology. These align closely with UAE–Italy trade flows and represent growth areas where DMCC sees strong demand from Italian companies seeking to internationalise.

Made For Trade Live: DMCC's International Outreach Programme

The Made For Trade Live roadshow is DMCC's flagship international business-development initiative, taking its message directly to companies in key trading nations. The Italy leg is part of a wider programme that targets markets where DMCC sees strong potential to grow its member base and deepen bilateral trade relationships with Dubai and the UAE.

With the 500-company mark now surpassed, DMCC says it expects the Italian cohort to keep growing as awareness of Dubai's business advantages spreads further across Italy's business community.

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Written by

Suhail Hasan

Reporting from Dubai — independent, on the ground, and built on local sources.