The Sustainabilist | SMART CITIES
FEATURE
Silicon Valley 2.0
DMCC is launching a Crypto Valley in JLT offering unprecedented services to the community
By Feryal Ahmadi
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Chief Operating Officer, DMCC
ow is DMCC supporting the UAE Vision 2021 and promoting sustainability? By enabling and promoting trade through the emirate, we are supporting the UAE’s efforts in becoming a competitive knowledge-based and diversified economy. Over the years, we have created an ecosystem for businesses to succeed. As a result, 17,000 companies 34
have chosen to set up in DMCC. This is also why we have been named Global Free Zone of the Year by the Financial Times’ fDi magazine for the past 5 years. Together with our members, we are proudly contributing over 10% to Dubai’s GDP. In the coming period, our efforts will remain focussed on further enhancing the emirate’s attractiveness for foreign investment.
Sustainability is also a key pillar of our strategy and embedded across the organisation. For us, social and sustainable development go hand in hand with economic development. It comes as no surprise that we were the first Free Zone in the GCC to sign the UN Global Compact. To date, DMCC has issued two sustainability reports and we are working on the third one, which will be published later this year. The DMCC’s sustainability report outlines our performance against our sustainability framework and is prepared in accordance with the globally recognised Global Reporting Initiative Standards. The report details DMCC’s progress under its four strategic sustainability pillars: People, Marketplace, Environment, and Community.
