Business

DMCC Reaches Over 500 Italian Companies in 2024 Following Successful Roadshow in Italy

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.

Suhail Hasan

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

Recent Posts

Trump Secures $1.4 Trillion UAE Investment During Abu Dhabi Visit

Abu Dhabi showed great respect and made historic announcements when former US President Donald Trump…

3 hours ago

Etihad Rail to Launch UAE Passenger Train in 2026

The UAE has taken the next important step in remaking its transportation by confirming that…

5 hours ago

US President Donald Trump Arrives in Abu Dhabi for Landmark UAE Visit

President Donald Trump jetted into Abu Dhabi Thursday morning, as his first official trip abroad…

20 hours ago

Sheikh Hamdan Announces New Leadership Across Key Dubai Government Departments

In a strategic decision to enhance the governance and future growth of Dubai, Sheikh Hamdan…

20 hours ago

UFC Fight Night Returns to Abu Dhabi on July 26 with Whittaker vs. de Ridder Headlining

UFC Fight Night will make its highly anticipated comeback to Abu Dhabi this summer, having…

2 days ago

AI Drives Younger Buyers to Dubai Real Estate Market in 2025

Artificial Intelligence (AI) is transforming the face of Dubai’s real estate market in the year…

2 days ago