DMCC enjoys record Q1 2023 ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
DMCC enjoys record Q1 2023
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 42
Dubai Multi Commodities Centre (DMCC) has reported its best Q1 results since its inception in 2002, with growth in traditional markets boosted by the exceptional performance of its cryptocurrency and gaming centres. The free zone said it registered 708 new companies in the first quarter of 2023, up 8.4% year-on-year and represents an average annual increase of 13.7% over the last five years. Additionally, significant momentum was seen by the crypto and gaming centres in December 2022, both considerably supporting DMCC’s long-term growth strategy. Ahmed bin Sulayem, Executive Chairman and CEO, DMCC, said in a statement, “In contrast to the challenging global economic outlook, these remarkable

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