Annual Report 2023

“For DMCC, while 2022 was about growth, 2023 showcased our ability to sustain performance whilst undertaking crucial infrastructure expansions.

As a result, we broke the 24,000 members mark, closing out the year with 2,692 new companies in our second most-successful year on record.

Figures such as these illustrate why DMCC today is worth 11% of all foreign direct investment to Dubai, and 7% of its GDP. We remain unfailing in our ability to provide the environment, services and ease of doing business needed for international industry to thrive.”

Ahmed Bin Sulayem
Executive Chairman and Chief Executive Officer, DMCC

2,692

Businesses joined DMCC in 2023

100K+

People live and work in DMCC’s JLT district

600+

Food and beverage outlets within the JLT community

11

Companies register and join DMCC every working day

9.75%

Annual growth rate in the last 3 years

11%

DMCC share of foreign direct investment in Dubai

Diamonds

17.8%

DMCC’s Dubai Diamond Exchange held over 70 tenders throughout the year. Meanwhile DMCC continued its strong positioning of other precious stones segments, hosting the International Coloured Gemstone Association Annual Congress and the world’s first Lab-grown Diamond Symposium in Dubai.