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

Brad Pitt’s F1 Film Leads UAE Box Office This Weekend

Cinemas in the UAE are gearing up with a big bang as the leadership weekend…

13 hours ago

UAE Ramadan and Eid 2026 Dates Announced by Emirates Astronomy Society

The Emirates Astronomy Society has published the predicted times of the major Islamic holidays in…

13 hours ago

Dubai Welcomes 8.68 Million Tourists in Early 2025 as Hotel Sector Hits New Highs

The tourism sector in Dubai keeps rising with 8.68 million visitors who are international coming…

2 days ago

Dubai’s RTA Explores Quantum Technology to Revolutionize Traffic and Transport

The Roads and Transport Authority (RTA) of Dubai is considering the future applications of the…

2 days ago

AURA Skypool Welcomes Families for the First Time with Night Swims for Kids

AURA Skypool is the world celebrated sky pool in Dubai that has finally opened its…

3 days ago

UAE Flights Delayed and Cancelled Amid Regional Airspace Closures

Air service in the UAE has been badly affected after regional airspace were closed due…

3 days ago