Turkish Companies Increase Presence at DMCC as Trade Relations Strengthen

Post by : Bianca Suleiman

Dubai, UAE — Demonstrating the strengthening economic bonds between the UAE and Türkiye, the Dubai Multi Commodities Centre (DMCC) has reported a remarkable 14% increase in the number of Turkish companies registering in its international business hub over the last year. This growth elevates the total Turkish firm count within DMCC to over 700, positioning Türkiye as one of the most swiftly growing investor groups in Dubai.

The announcement was made during the DMCC’s Made For Trade Live event in Istanbul, attended by over 370 Turkish business leaders eager to learn how Dubai can bolster their international aspirations. The roadshow emphasized DMCC’s role as an attracting force for enterprises in various sectors, including energy, logistics, construction, agri-food, and technology.

This positive trend is a direct outcome of the accelerating economic collaboration under the Comprehensive Economic Partnership Agreement (CEPA), which became active in 2023. The UAE Ministry of Foreign Trade reported that non-oil bilateral trade hit USD 44 billion between September 2024 and August 2025 — a 12% increase from the previous year, already exceeding the five-year CEPA benchmark of USD 40 billion.

Türkiye is now the fastest expanding partner for the UAE among its top ten trading nations, bolstered by lower tariffs, enhanced market access, and stronger cooperation in services, logistics, digital trade, and advanced manufacturing sectors.

Strategic investments are also enhancing the UAE-Türkiye link. DP World’s USD 650 million investment in the Yarımca terminal, coupled with its merger with Evyap Group, has established one of the most advanced logistics hubs in the Marmara region. With direct rail connections to the Middle Corridor and a capacity exceeding two million TEU, it serves as a key facilitator of trade growth between both countries.

This logistic prowess resonates in the burgeoning trade of gold, jewelry, and diamonds between Dubai and Borsa İstanbul, while the rising exchange of coffee, tea, and honey illustrates an expanding agri-food collaboration.

Currently, around one-fifth of Turkish enterprises in Dubai are located within DMCC, highlighting the district’s role as a prime gateway for businesses aiming for a global platform. Through its Made For Trade Live initiative, DMCC continuously showcases Dubai’s advantages to international investors — a strategy that has resulted in DMCC accounting for 15% of Dubai’s total foreign direct investment and contributing 7% to the emirate’s GDP.

With a robust community of over 26,000 businesses spanning commodities, technology, energy, and advanced services, DMCC is pivotal in transforming Dubai into a global trade nexus, with Türkiye’s expanding presence underscoring this achievement.