Dubai Multi Commodities Centre (DMCC) has reported a 7 percent increase in U.S. companies establishing themselves in its international business district over the past 12 months. Currently, DMCC is home to more than 45 percent of the estimated 1,500 American companies in the UAE, solidifying its status as the premier trade hub in Dubai for U.S. firms aiming to expand into the world’s fastest-growing markets.
The robust growth in American businesses mirrors the broader trade momentum that followed U.S. President Donald Trump’s significant visit to the UAE in May. During this visit, a series of strategic agreements valued at $200 billion were signed across vital sectors such as AI, energy, defense, and aviation. These pacts – heralding a new era in UAE-U.S. economic collaboration – have further enhanced the commercial prospects for American enterprises in the region, according to a statement.
In an effort to capitalize on this momentum, DMCC recently wrapped up its latest Made For Trade Live series in New York City, Brooklyn, and Miami. This trio of impactful events gathered 150 business leaders from essential sectors, including technology, financial services, commodities, and advanced manufacturing, as DMCC intensifies its efforts to attract the next wave of American companies and investments to Dubai.
A hub for global business
Ahmed Bin Sulayem, executive chairman and chief executive officer of DMCC, stated: “President Trump’s recent visit to the UAE – part of the first official foreign visit of his second term – marks a new chapter in economic collaboration between the UAE and United States. With bilateral trade reaching $34.4 billion in 2024, there is significant trade and investment momentum as well as appetite among American businesses to set up in Dubai and tap into global markets. We have witnessed this firsthand with strong multi-year growth of U.S. companies joining our district, including a rise of 7 percent in the past 12 months, meaning DMCC continues to be the trade hub of choice for over 45 percent of the total American business presence in the UAE – a position we will aim to grow and consolidate as we enhance the value proposition across our dedicated ecosystems in commodities, services, and advanced technologies.”
DMCC’s reputation as an international business district continues to enhance its allure. With nearly 26,000 companies now operating within its district – including over 700 from the U.S. – DMCC accounts for 15 percent of Dubai’s annual foreign direct investment inflows and 7 percent of the Emirate’s GDP.
Through initiatives like Made For Trade Live, DMCC remains committed to positioning Dubai as a prime destination for business, connecting international firms to a global network of opportunities across the Middle East, Asia, Africa, and beyond.