Latest news with #CryptoCentre
Zawya
11-08-2025
- Business
- Zawya
DMCC welcomes over 1,100 companies in H1 2025
DMCC adds over 1,100 new companies in H1 2025, as district nears 26,000 overall DMCC Crypto Centre surpasses 700 companies with 38% YoY growth, bringing total tech companies in DMCC to over 3,300 Growth supported by strong overseas demand in key markets, new licensing options, and major investment in ecosystems as part of 10-year growth strategy Real estate expansion continues with key groundbreakings and new F&B openings Dubai, UAE: DMCC, the leading international business district that drives the flow of global trade through Dubai, welcomed over 1,100 new companies in the first half of 2025, bringing its district-wide total to almost 26,000 members. The DMCC Crypto Centre also crossed a significant milestone, surpassing 700 companies following a 38% year-on-year increase, and taking the total number of tech companies within the district to over 3,300. Growth was fuelled by strong demand from key overseas markets such as China, Türkiye and the United Kingdom, new licensing options, and expanded commercial reach in Asia. Strategic investment in DMCC's sector-specific ecosystems and real estate portfolio – as part of its 10-year growth strategy – also played a key role in driving momentum. Meanwhile, the expansion of DMCC's flagship districts of Jumeirah Lakes Towers (JLT) and Uptown Dubai continued at pace, marked by major groundbreakings and new F&B openings. The results reflect the strength of DMCC's integrated model – combining operational clarity, world-class infrastructure and ecosystems. With plans underway to expand into emerging sectors such as water and quantum technologies, DMCC remains a vital contributor to Dubai's diversified economy – accounting for 15% of its annual FDI and 7% of GDP. Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: 'With over 1,100 new companies joining in the first half of the year—driven by robust growth from China, Türkiye, and the UK – DMCC is now rapidly approaching 26,000 member companies. This continued growth reaffirms the enduring strength of our value proposition and Dubai's appeal as a global business destination. In the face of rapid transformation brought by AI and other frontier technologies, we are intensifying our focus on high-growth sectors while expanding our ecosystems, service offering, and physical infrastructure to support the next wave of innovation-led investment. From advanced technology to established commodities, DMCC remains the business district of choice for ambitious enterprises looking to scale with confidence.' Feryal Ahmadi, Deputy CEO and Chief Operating Officer, DMCC, added: 'Our first-half performance is a direct result of our long-term commitment to building high-performance ecosystems that deliver commercial impact and operational value for our members. From real estate to technology and trade, every layer of our district is designed to meet global demand – and these results demonstrate that alignment. As we move into the second half of the year, we will continue to expand our services, accelerate infrastructure delivery and unlock new opportunities for growth across all sectors.' Rapid Tech Ecosystem Growth DMCC's integrated technology ecosystem continued to gain traction, with the DMCC Crypto Centre surpassing 700 companies – a 38% increase year-on-year – driven by the addition of leading firms such as and Animoca Brands, with both establishing their first regional offices in the district. The DMCC Gaming Centre grew to over 140 companies, while the DMCC AI Centre, launched last September, expanded to over 110 companies. In total, DMCC now counts almost 1,000 companies licensed through these three centres alone – and over 3,300 tech companies district-wide as it continues to reinforce its leading position as a global hub for Web3 and emerging technologies. In response to DMCC's rapidly growing Web3 community, in January DMCC and REIT Development announced the construction of Crypto Tower – a landmark 17-storey project in JLT that will include over 150,000 square feet of leasable space, nine office floors, three dedicated floors for blockchain incubators, an AI innovation floor, a crypto club, gold bullion shop and vault storage area. DMCC also revealed plans for a new ecosystem – DMCC Quantum – aimed at supporting quantum-era innovation and establishing Dubai as a leading gateway for this emerging field. Commodities Milestones: Record Coffee Prices, Diamond Trade, and Water Innovation In the commodities space, DMCC continued to reach major milestones. In a defining moment, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, visited the Dubai Diamond Exchange – the largest diamond tender facility in the world with over 1,350 companies. The visit coincided with DMCC's announcement that the UAE surpassed one billion carats of diamonds traded over the past five years, underscoring Dubai's position as the global capital of the diamond trade. The inaugural DMCC Specialty Coffee Auction held at World of Coffee in February showcased some of the world's rarest and finest coffees and set record prices – including the highest-selling coffee from Finca Sophia, a farm in Panama, that sold for USD 10,020 per kilo. Meanwhile, DMCC also launched a strategic partnership with AQUA-INDEX to support the world's first water-backed digital asset token – further laying the foundation for the new DMCC Water Centre, a platform for sustainable water innovation, trading and investment. Strong Demand in Global Markets DMCC continued to attract strong international investment in the first half of 2025, with notable growth from key overseas markets. Company registrations from the United Kingdom rose by over 23% year-on-year, bringing the total number of British companies in the district to nearly 2,200. Türkiye also recorded robust growth, with a 22% year-on-year increase and close to 700 Turkish companies now operating within DMCC. Meanwhile, the number of Chinese companies grew by nearly 10%, reaching a total of almost 1,000. In February, DMCC signed two strategic partnerships with Beijing Innovation Service Hub and Beijing Chaoyang CCPIT to enhance bilateral trade and business connectivity with China. Expanded Licensing Options and Southeast Asia Presence International growth was further supported by the introduction of two new licensing categories – Special Purpose Vehicles (SPVs) and Holding Company licences – providing greater flexibility for companies to structure investments, manage assets, and oversee regional operations. These new licences have proven especially attractive for family offices, investment firms and multinationals entering the UAE. To enhance its presence in Southeast Asia, DMCC appointed Hawksford as its International Sales Partner in Singapore, enabling deeper engagement and support for businesses across the region. Property Groundbreakings and World-Class F&B DMCC continued to expand its built environment to support demand from businesses and residents, enhancing its position as a thriving mixed-use district at the heart of Dubai. In Uptown Dubai, DMCC's dynamic new district, DMCC broke ground and appointed the main works contractor for two new commercial towers that will deliver 62,000 square metres of premium Grade A office space and connect directly to Uptown Plaza, a world-class public realm. On the residential side, DMCC broke ground on Mercer House, a luxury twin-tower development by Ellington Properties offering premium living, wellness facilities and Dubai's first private urban beach club. A number of new F&B options also opened at The Atrium, including Uptown Social, a specialty coffee house, and an upscale Turkish seafood restaurant serving a range of Mediterranean and Aegean-inspired dishes. In JLT, DMCC's flagship mixed-use district, DMCC and Signature Developers broke ground on W Residences by Marriott International – a 38-storey development that will house approximately 185 exclusive residences – as it continues to transform JLT into one of most dynamic and desirable districts in Dubai. The project is part of DMCC's wider real estate transformation that has seen 19 major developments break ground or commence construction across JLT and Uptown Dubai over the past two years. Building on a Strong 2024 Foundation The strong results in H1 2025 build on a successful 2024, during which DMCC attracted 2,048 new companies, launched the DMCC Sustainability Hub, and expanded its global footprint through international engagement and partnerships. With its expanding member base, strategic partnerships and infrastructure pipeline, DMCC enters the second half of 2025 firmly focused on accelerating growth in advanced technologies, sustainable trade, and global connectivity. Media Enquiries: DMCC PR & Corporate Communications pr@ About DMCC DMCC is a leading international business district that drives the flow of global trade through Dubai. We make it easier for our members to do business, helping them access the world's fastest growing markets from a dynamic district that offers everything they need to thrive. This approach is why we are the preferred location for over 25,000 top multinationals and high-impact startups, contributing significantly to Dubai's position as a global hub for trade and innovation. DMCC is where the world does business. For more information, visit
Emirates 24/7
11-08-2025
- Business
- Emirates 24/7
DMCC Welcomes Over 1,100 Companies in H1 2025, Crosses 700 Crypto Members
DMCC, the leading international business district that drives the flow of global trade through Dubai, welcomed over 1,100 new companies in the first half of 2025, bringing its district-wide total to almost 26,000 members. The DMCC Crypto Centre also crossed a significant milestone, surpassing 700 companies following a 38% year-on-year increase, and taking the total number of tech companies within the district to over 3,300. Growth was fuelled by strong demand from key overseas markets such as China, Türkiye and the United Kingdom, new licensing options, and expanded commercial reach in Asia. Strategic investment in DMCC's sector-specific ecosystems and real estate portfolio – as part of its 10-year growth strategy – also played a key role in driving momentum. Meanwhile, the expansion of DMCC's flagship districts of Jumeirah Lakes Towers (JLT) and Uptown Dubai continued at pace, marked by major groundbreakings and new F&B openings. The results reflect the strength of DMCC's integrated model – combining operational clarity, world-class infrastructure and ecosystems. With plans underway to expand into emerging sectors such as water and quantum technologies, DMCC remains a vital contributor to Dubai's diversified economy – accounting for 15% of its annual FDI and 7% of GDP. Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: 'With over 1,100 new companies joining in the first half of the year—driven by robust growth from China, Türkiye, and the UK – DMCC is now rapidly approaching 26,000 member companies. This continued growth reaffirms the enduring strength of our value proposition and Dubai's appeal as a global business destination. In the face of rapid transformation brought by AI and other frontier technologies, we are intensifying our focus on high-growth sectors while expanding our ecosystems, service offering, and physical infrastructure to support the next wave of innovation-led investment. From advanced technology to established commodities, DMCC remains the business district of choice for ambitious enterprises looking to scale with confidence.' Feryal Ahmadi, Deputy CEO and Chief Operating Officer, DMCC, added: 'Our first-half performance is a direct result of our long-term commitment to building high-performance ecosystems that deliver commercial impact and operational value for our members. From real estate to technology and trade, every layer of our district is designed to meet global demand – and these results demonstrate that alignment. As we move into the second half of the year, we will continue to expand our services, accelerate infrastructure delivery and unlock new opportunities for growth across all sectors.' Rapid Tech Ecosystem Growth DMCC's integrated technology ecosystem continued to gain traction, with the DMCC Crypto Centre surpassing 700 companies – a 38% increase year-on-year – driven by the addition of leading firms such as and Animoca Brands, with both establishing their first regional offices in the district. The DMCC Gaming Centre grew to over 140 companies, while the DMCC AI Centre, launched last September, expanded to over 110 companies. In total, DMCC now counts almost 1,000 companies licensed through these three centres alone – and over 3,300 tech companies district-wide – as it continues to reinforce its leading position as a global hub for Web3 and emerging technologies. In response to DMCC's rapidly growing Web3 community, in January DMCC and REIT Development announced the construction of Crypto Tower – a landmark 17-storey project in JLT that will include over 150,000 square feet of leasable space, nine office floors, three dedicated floors for blockchain incubators, an AI innovation floor, a crypto club, gold bullion shop and vault storage area DMCC also revealed plans for a new ecosystem – DMCC Quantum – aimed at supporting quantum-era innovation and establishing Dubai as a leading gateway for this emerging field. Commodities Milestones: Record Coffee Prices, Diamond Trade, and Water Innovation In the commodities space, DMCC continued to reach major milestones. In a defining moment, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, visited the Dubai Diamond Exchange – the largest diamond tender facility in the world with over 1,350 companies. The visit coincided with DMCC's announcement that the UAE surpassed one billion carats of diamonds traded over the past five years, underscoring Dubai's position as the global capital of the diamond trade. The inaugural DMCC Specialty Coffee Auction held at World of Coffee in February showcased some of the world's rarest and finest coffees and set record prices – including the highest-selling coffee from Finca Sophia, a farm in Panama, that sold for USD 10,020 per kilo. Meanwhile, DMCC also launched a strategic partnership with AQUA-INDEX to support the world's first water-backed digital asset token – further laying the foundation for the new DMCC Water Centre, a platform for sustainable water innovation, trading and investment. Strong Demand in Global Markets DMCC continued to attract strong international investment in the first half of 2025, with notable growth from key overseas markets. Company registrations from the United Kingdom rose by over 23% year-on-year, bringing the total number of British companies in the district to nearly 2,200. Türkiye also recorded robust growth, with a 22% year-on-year increase and close to 700 Turkish companies now operating within DMCC. Meanwhile, the number of Chinese companies grew by nearly 10%, reaching a total of almost 1,000. In February, DMCC signed two strategic partnerships with Beijing Innovation Service Hub and Beijing Chaoyang CCPIT to enhance bilateral trade and business connectivity with China. Expanded Licensing Options and Southeast Asia Presence International growth was further supported by the introduction of two new licensing categories – Special Purpose Vehicles (SPVs) and Holding Company licences – providing greater flexibility for companies to structure investments, manage assets, and oversee regional operations. These new licences have proven especially attractive for family offices, investment firms and multinationals entering the UAE. To enhance its presence in Southeast Asia, DMCC appointed Hawksford as its International Sales Partner in Singapore, enabling deeper engagement and support for businesses across the region. Property Groundbreakings and World-Class F&B DMCC continued to expand its built environment to support demand from businesses and residents, enhancing its position as a thriving mixed-use district at the heart of Dubai. In Uptown Dubai, DMCC's dynamic new district, DMCC broke ground and appointed the main works contractor for two new commercial towers that will deliver 62,000 square metres of premium Grade A office space and connect directly to Uptown Plaza, a world-class public realm. On the residential side, DMCC broke ground on Mercer House, a luxury twin-tower development by Ellington Properties offering premium living, wellness facilities and Dubai's first private urban beach club. A number of new F&B options also opened at The Atrium, including Uptown Social, a specialty coffee house, and an upscale Turkish seafood restaurant serving a range of Mediterranean and Aegean-inspired dishes. In JLT, DMCC's flagship mixed-use district, DMCC and Signature Developers broke ground on W Residences by Marriott International – a 38-storey development that will house approximately 185 exclusive residences – as it continues to transform JLT into one of most dynamic and desirable districts in Dubai. The project is part of DMCC's wider real estate transformation that has seen 19 major developments break ground or commence construction across JLT and Uptown Dubai over the past two years. Building on a Strong 2024 Foundation The strong results in H1 2025 build on a successful 2024, during which DMCC attracted 2,048 new companies, launched the DMCC Sustainability Hub, and expanded its global footprint through international engagement and partnerships. With its expanding member base, strategic partnerships and infrastructure pipeline, DMCC enters the second half of 2025 firmly focused on accelerating growth in advanced technologies, sustainable trade, and global connectivity.
Zawya
16-06-2025
- Business
- Zawya
Bitcoin.com sets up regional HQ in Dubai's DMCC
Cryptocurrency services company, has set up its regional headquarters in Dubai's DMCC as it plans to build partnerships across the region. The new base will be in DMCC's Crypto Centre, which is home to over 650 companies operating across the blockchain and digital asset value chain. Dubai has emerged as a hub for the crypto industry as it advances its ambitions to become a global tech hub. The emirates launched the Virtual Assets Regulatory Authority (VARA), the first independent regulator dedicated to virtual assets in the world. (Writing by Brinda Darasha; editing by Seban Scaria)
Zawya
16-06-2025
- Business
- Zawya
DMCC crypto centre welcomes Bitcoin.com as it sets up regional headquarters in Dubai
Move reinforces DMCC's growing role as the most concentrated and dynamic hub for Web3 and emerging technologies in the region DMCC counts over 3,200 tech companies across its international business district, including over 800 companies within its integrated tech ecosystem Dubai, UAE: DMCC, the leading international business district that drives the flow of global trade through Dubai, has announced that a global leader in crypto news and education, and self-custodial products, has joined the DMCC Crypto Centre. By establishing its first office in the MENA region in Dubai, this move reinforces DMCC's leading position as a global hub for Web3 and blockchain innovation. Located in Uptown Tower, the DMCC Crypto Centre is now home to more than 650 companies operating across every layer of the blockchain and digital asset value chain, including blockchain infrastructure providers, tokenisation platforms, metaverse enablers and major DeFi projects. By offering a full suite of business services, mentoring, access to capital, targeted accelerator programmes and exclusive ecosystem partnerships with global Web3 leaders, the Crypto Centre has become the largest concentration of crypto businesses in the region. has introduced millions of users to the world of digital assets through its accessible education platform and global news site. Its strategic expansion to the region through the Crypto Centre will see it tap into the emirate's thriving digital economy, while also contributing its global expertise to accelerate the growth of the regional crypto ecosystem. Belal Jassoma, Director of Ecosystems, DMCC, said: 'The DMCC Crypto Centre is designed to bring together the brightest minds and most ambitious blockchain companies to build the future digital economy, right here in Dubai. decision to establish its regional headquarters within our community highlights the global pull of the Crypto Centre and the scale of opportunity that Dubai represents today. With our continued focus on driving innovation, enabling collaboration and connecting our members to new markets, DMCC remains the partner of choice for Web3 companies looking to thrive.' Corbin Fraser, CEO of added: 'The UAE is leading by example when it comes to pioneering crypto solutions. With clear and progressive regulations, a fast-track licensing process and a genuine appetite for innovation, Dubai has created one of the most welcoming environments in the world for Web3 companies. DMCC, in particular, stands out not only for its world-class infrastructure but also for the strength and depth of its crypto ecosystem. We are proud to establish our first MENA office here in Dubai and look forward to building strong partnerships across the region from our new home in DMCC.' The emergence of Dubai as a global digital asset hub has been driven by a progressive and business-friendly approach to regulation. The launch of the Virtual Assets Regulatory Authority (VARA) marked the creation of the first independent regulator dedicated to virtual assets in the world, offering companies clarity, speed and security. This clear regulatory environment, combined with Dubai's tax-friendly regime and global connectivity, continues to attract major players from across the globe. DMCC Crypto Centre offers a gateway for Web3 companies to tap into an international business district of more than 25,000 businesses operating across every industry and sector. Today, DMCC counts over 3,200 tech companies, including over 800 companies within its integrated technology and innovation ecosystem which encompasses the DMCC Crypto Centre, DMCC Gaming Centre and DMCC AI Centre. Media Enquiries: DMCC PR & Corporate Communications pr@ About DMCC DMCC is a leading international business district that drives the flow of global trade through Dubai. We make it easier for our members to do business, helping them access the world's fastest growing markets from a dynamic district that offers everything they need to thrive. This approach is why we are the preferred location for over 25,000 top multinationals and high-impact startups, contributing significantly to Dubai's position as a global hub for trade and innovation. DMCC is where the world does business. For more information, visit About Since 2015, has been a global leader in introducing newcomers to crypto. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, we make it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance.
