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Turkish Companies Increasingly Join DMCC as Trade Relations Intensify

Turkish Companies Increasingly Join DMCC as Trade Relations Intensify

Post by : Bianca Haleem

Dubai, UAE — The Dubai Multi Commodities Centre (DMCC) has seen a remarkable 14% increase in the number of Turkish firms joining its array of international businesses throughout the previous year. This uptick signifies a total of over 700 Turkish companies, establishing Türkiye as one of the most rapidly expanding investor communities within Dubai.

This development was announced at DMCC’s Made For Trade Live roadshow in Istanbul, where over 370 Turkish business executives convened to learn about how Dubai’s global business hub can enhance their international expansion. The event underscored DMCC’s attraction for firms operating in energy, logistics, construction, agri-food, and technology industries.

This upsurge illustrates the strengthening UAE–Türkiye economic ties fostered by the Comprehensive Economic Partnership Agreement (CEPA), which commenced in 2023. As reported by the UAE Ministry of Foreign Trade, non-oil commerce between the two countries reached USD 44 billion from September 2024 to August 2025, marking a 12% year-on-year increase that has already outstripped the five-year CEPA target of USD 40 billion.

Türükiye has risen to become the UAE’s fastest-growing partner among its ten top global trading collaborators, enhanced by lowered tariffs, better market accessibility, and more robust cooperation in services, logistics, digital commerce, and advanced manufacturing.

The synergy between the UAE and Türkiye also continues to advance through strategic investments. DP World's USD 650 million infusion into the Yarımca terminal in 2016 and its merger with Evyap Group have established one of the most sophisticated logistics centers in the Marmara region. Featuring direct rail connections to the Middle Corridor and a capacity of over two million TEU, it acts as a vital facilitator for enhancing trade between both nations.

This logistics dominance is mirrored in the thriving exchange of gold, jewelry, and diamonds between Dubai and Borsa İstanbul, alongside an increasing trade in coffee, tea, and honey that demonstrates the expanding range of cooperation in agri-food sectors.

Currently, approximately one-fifth of all Turkish enterprises operating in Dubai are situated within DMCC, reinforcing the district’s role as an entryway for companies pursuing global opportunities. Through its Made For Trade Live initiative, DMCC systematically promotes Dubai’s benefits to international investors, a tactic that has allowed it to represent 15% of Dubai’s complete foreign direct investment influx and contribute 7% to the emirate’s GDP.

With a robust community of over 26,000 firms involved in commodities, technology, energy, and advanced services, DMCC is pivotal in Dubai’s evolution into a global trade hub, while Türkiye’s expanding presence serves as validation of this achievement.

Nov. 12, 2025 4:15 p.m. 2104
UAE News Dubai

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