More Singaporean Firms Join DMCC in Last One Year

There has been 13% growth in Singaporean companies joining Dubai Multi Commodities Centre (DMCC) international business district, that has been driving the flow of global trade through Dubai, in the past one year.

DMCC which conducted its first-ever roadshow on the ground in Singapore as part of its efforts to attract local business to Dubai, said that the Centre is now home to over half of the estimated total Singaporean businesses operating in the UAE.

DMCC is currently home to over 25,000 companies from 180 countries, covering every sector and industry. The district contributes 15% of Dubai’s annual FDI inflows and in accounting for 7% of Dubai’s GDP, it remains a key driver of the emirate’s position as a leading hub for international business.

A new partnership with Hawksford, the international business services provider, will streamline company setup in DMCC’s district.

Hawksford will provide advisory and registration, accounting and tax support to businesses, attracting new companies to DMCC – particularly from the technology, innovation and sustainability sectors – and enabling them to set up, scale and operate seamlessly from Dubai.

Singapore represents one of DMCC’s strategic target markets, with a range of opportunities across tech, commodities and trade underpinned by a deepening relationship as Singaporean firms seek efficiencies through Dubai.

With nearly 400 Singaporean companies now registered in DMCC, the business district is rapidly expanding its status as a critical gateway for businesses from Southeast Asia looking to grow internationally.

The road show saw senior DMCC executives engage directly with over 100 Singaporean business leaders, providing tailored insights into how Dubai can serve as a launchpad for international growth and investment diversification.

Accelerating Cooperation

DMCC Executive Chairman and CEO Ahmed Bin Sulayem said that their first in-person “Made For Trade Live” roadshow in Singapore came at a time of accelerating cooperation between the two nations, with bilateral trade reaching $18.7 billion last year.

This momentum was echoed by a 13% rise in Singaporean companies joining DMCC over the past 12 months, bringing the total to nearly 400—accounting for more than half of all Singaporean businesses in the UAE.

“As our partnership deepens, our new agreement with Hawksford as our local partner will further reinforce DMCC’s position as the business district of choice for Singaporean firms seeking global expansion from Dubai,” he added.

Tommaso Barindelli, Head of Business Development, Hawksford Dubai, said that with their on-the-ground expertise in Singapore and other key markets, they were ideally placed to help clients seize the unique advantages of DMCC and Dubai – whether they are entering the UAE for the first time or looking to expand across Asia, the Middle East and Africa. This partnership marks a significant milestone for our firm and a valuable opportunity for our current and future clients, he added.

The partnership with Hawksford forms part of DMCC’s broader strategy to build a strong global network of referral partners, easing the company formation journey for foreign investors and ensuring tailored support across jurisdictions.