DMCC Seeks Expansion Of UAE-US Trade And Investment Opportunities

DMCC, the global free zone and Dubai's commodities trade authority, has wrapped up its second Made for Trade Live roadshow in the US this year. The event took place in San Francisco, California, and Denver, Colorado. This initiative aims to enhance UAE-US trade and investment across various economic sectors.

To maintain the UAE's position as the largest holder of US foreign direct investment in the Middle East, DMCC informed American executives about Dubai's business-friendly environment. They highlighted the world-class infrastructure and numerous opportunities available for American businesses in Dubai.

Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, stated, "Dubai has been the longstanding hub of choice for American companies in the region for many years. The record levels of trade and investment we saw last year is a testament to this, and to the continued attractiveness of Dubai for US companies in terms of our market size, infrastructure, trade connectivity and ease of doing business."

Nearly 700 US companies operate within DMCC, representing over 45% of the approximately 1,500 American businesses in the UAE. This significant presence underscores Dubai's appeal as a strategic location for American enterprises.

"With almost 700 US companies in our district, we represent almost half of the American business presence in the UAE – a position we will aim to consolidate in the future as we expand our business ecosystems and tap into the huge potential of sectors such as tech, AI, energy and more," added Ahmed Bin Sulayem.

Impactful Roadshows

The Made for Trade Live roadshows by DMCC play a crucial role in promoting Dubai as an ideal business hub. These events emphasize Dubai's unique advantages and attract substantial foreign direct investment (FDI) to the emirate.

DMCC significantly contributes to Dubai's annual FDI inflows by accounting for 15% of it. Currently, DMCC hosts over 24,000 businesses from around the world.

The roadshows are instrumental in showcasing Dubai’s value proposition to international investors. By highlighting these aspects, DMCC aims to draw more investments into various sectors including technology, artificial intelligence (AI), and energy.

This initiative reflects DMCC’s commitment to fostering stronger economic ties between the UAE and the US while expanding its influence across key industries globally.

The conclusion of this year's second roadshow marks another step towards strengthening UAE-US economic relations through strategic engagements and showcasing Dubai’s robust business environment.

With inputs from WAM