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The Dubai Multi Commodities Centre (DMCC) has become the UAE’s largest free zone, overtaking Jebel Ali, its executive chairman announced on Saturday.
DMCC now has more than 7,330 active registrations, with an average of 200 companies joinging each month and a 94 percent retention rate, said Ahmed Bin Sulayem in a statement.
He said DMCC also remains the UAE’s fastest growing free zone, adding that it was targeting 10,000 firms by 2015.
Bin Sulayem said: “We are now the UAE’s largest and fastest growing free zone with over 7,330 active member companies – we remain committed to further growth in order to cement Dubai as the global hub for commodities trade and enterprise.