DMCC targets London to attract foreign investment to Dubai

The Dubai Multi Commodities Centre Authority DMCC, the licensing authority for the Jumeirah Lakes Towers JLT Free Zone, continues its drive to attract foreign investment to Dubai by organising international events, briefings and roadshows.

Most recently, DMCC organised an exclusive networking dinner in the City of London, attended by over 50 C-suite executives from leading government bodies and finance, trade and investment institutions including Citigroup, HSBC, JP Morgan, Rothschild, Xstrata, DeBeers, Department for Trade and Industry UK, and the UAE Embassy in London. The event aimed to promote Dubai and DMCC as a world-class business and trade hub, and an ideal destination for those looking to expand their presence in the region.

Ahmed bin Sulayem, Executive Chairman of DMCC, comments: “Since its inception 10 years ago, DMCC has worked hard to fulfil His Highness Sheikh Mohammed Bin Rashid Al Maktoum’s vision, by providing the infrastructure required to cement Dubai’s status as a leading trade destination and making us the Middle East’s only commodities hub.

The attractiveness of our unique value proposition is demonstrated through our strong growth in the JLT Free Zone. Since the start of 2012, DMCC has registered 975 companies; a 60% rise over the same period in 2011 and bringing the JLT Free Zone’s membership to over 4,600 companies.”

Spread across 200 hectares, the JLT Free Zone combines both business and community living, with 61 completed towers and over 50,000 people living and working in the free zone.