UAE - Mubasher: The Dubai Multi Commodities Centre (DMCC) has registered 1,800 new companies during the first nine months of 2021, marking the centre's best performance since its inception in 2002.

In September, DMCC welcomed 215 new businesses to its free zone and business district, according to a press release on Monday. 

Meanwhile, DMCC has witnessed in the first half (H1) of 2021 its best performance since 2013.

This performance is driven by DMCC’s efforts to raise the ease of doing business and establish a company in Dubai, alongside the expansion of the DMCC Tea and Coffee Centres and the launch of the DMCC Cacao Centre and the DMCC Crypto Centre.

The DMCC Crypto Centre will become home to 100 crypto and blockchain companies by the end of the year.

The Executive Chairman and CEO of DMCC, Ahmed bin Sulayem, said: "With Expo 2020 Dubai now underway, and significant milestones for the UAE on the horizon, I fully expect we will reach over 20,000 member companies by the end of the year."

Meanwhile, the Executive Director – Free Zone of DMCC, Ahmad Hamza, commented: "As we have seen with these record-breaking numbers, companies are finding this at DMCC, with a broad range of entrepreneurs, SMEs and multinationals across tech, telecoms, professional services, financial services, precious metals and stones, and energy setting up with us."