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The Dubai Multi Commodities Centre (DMCC) is a commodities exchange and free-trade zone in the United Arab Emirates. It is located in the Jumeirah Lake Towers district of Dubai . The DMCC was created in 2002 and deals in four main sectors: precious commodities (e.g., gold, diamonds); energy; steel and metals and agricultural commodities (e.g ...
The Microsoft sign at the entrance of the Dubai Microsoft campus, Dubai Internet City Dubai Maritime City, Dubai under construction in 2008. A free zone authority is a designated economic area governed by its own set of regulations, which differ from those applicable to businesses outside the zone.
Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4] In April 2021 Dubai CommerCity launched, a free zone dedicated to e-Commerce. [5] The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai.
Furthermore, a business may choose to register for VAT voluntarily if their supplies and imports or expenses are less than the mandatory registration threshold, but exceed the voluntary registration threshold of AED187,500. This latter opportunity to register voluntarily is designed to enable start-up businesses with no turnover to register for ...
Trade Centre 2 is located in the western Dubai, along Sheikh Zayed Road.It borders Trade Centre 1 to the north, Business Bay to the south, and Zabeel to the east. Trade Centre 2 begins at Trade Centre Roundabout (Interchange No. 1), at the intersection of Sheikh Zayed Road and route D 63 (Al Dhiyafa Road) and terminates at Interchange No. 2 (Defence Roundabout).
The Dubai International Financial Centre has three hotels, the Ritz-Carlton, the Waldorf Astoria, Four Seasons. [citation needed] It is also home to several art galleries, [19] [20] and over 100 cafes and restaurants. [21] [22] There is a variety of retail shops and convenience stores, along with business services outlets. [23]
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The main site of Dubai Expo 2020 was planned to be a 438-hectare area (1,083 acres), part of the new Dubai Trade Centre Jebel Ali urban development, located midway between Dubai and Abu Dhabi. [230] Moreover, the Expo 2020 also created various social enlistment projects and monetary boons to the city targeting the year 2020, such as initiating ...