DMCC Sees 13% Surge in Singaporean Companies Joining Its Business Ecosystem

DMCC

DMCC Partners with Hawksford to Boost Singaporean Business Expansion

13% Growth in Singaporean Companies

DMCC recorded a 13% increase in Singaporean companies joining its district in 12 months. Nearly 400 Singaporean businesses now operate in DMCC, the largest share in the UAE. The increase follows growing trade ties between the UAE and Singapore, valued at $18.70 billion. DMCC remains a top destination for Singaporean firms seeking international expansion and business support. Singaporean companies benefit from Dubai’s tax advantages, robust infrastructure, and global business environment.

First Roadshow in Singapore

DMCC held its first-ever roadshow in Singapore to attract new businesses to Dubai. The “Made For Trade Live” event introduced DMCC’s advantages to the Singaporean business community. Executives promoted DMCC as a global business hub with strong infrastructure and investment support. The roadshow highlighted opportunities in technology, innovation, and sustainability sectors. Attendees gained insights into DMCC’s services, licensing processes, and growth opportunities in Dubai.

New Partnership with Hawksford

DMCC partnered with Hawksford to simplify the setup process for new companies in Dubai. Hawksford provides advisory, registration, accounting, and tax support to incoming businesses. This partnership enhances DMCC’s appeal for Singaporean entrepreneurs and corporations. Hawksford will help streamline onboarding and ensure smooth market entry for new firms. Singaporean startups and SMEs will benefit from Hawksford’s tailored services and local expertise.

Executive Remarks on Strategic Collaboration

Ahmed bin Sulayem, DMCC’s CEO, praised the growing partnership with Singaporean companies. He emphasized the 13% growth as a sign of strong bilateral business momentum. The new Hawksford agreement strengthens DMCC’s value to expanding Singaporean firms. He affirmed DMCC’s role as the district of choice for international business from Singapore.

DMCC’s Economic Role in Dubai

DMCC hosts over 25,000 companies from 180 countries across all major sectors and industries. The district contributes 15% of Dubai’s annual foreign direct investment inflows. It represents 7% of Dubai’s gross domestic product, making it a vital economic driver. DMCC continues attracting global businesses with its strategic location and comprehensive support services. Its world-class infrastructure, networking opportunities, and regulatory environment ensure continued investor confidence and business success.