Dubai CommerCity, a part of the Dubai Integrated Economic Zones Authority (DIEZ ), has unveiled a new corporate identity aligned with its new strategic direction of transforming its operations and services to digital commerce in line with the UAE’s Digital Economy Strategy.
HH Sheikh Ahmed bin Saeed Al Maktoum, chairman of DIEZ, said, "The strategic transformation we are witnessing today in Dubai CommerCity’s shift towards digital commerce comes in line with the strategic economic directives and plans of Dubai and the UAE. It will result in a new phase of leadership, sustainability and growth based on knowledge, innovation and future technological applications. It will enhance the competitiveness of the UAE and consolidate its leading position as a global center for the most prosperous digital economy."
"Our swift response and ability to adopt proactive solutions in the industry demonstrates Dubai CommerCity’s exceptional capabilities in terms of its integration with local and global digital economy systems, human resources, and advanced technologies. With these key assets, the free zone provides exceptional solutions that contribute to attracting fast-growing business sectors to Dubai,” he added.
Dubai CommerCity recognized the efforts of its partners – Telecommunications and Digital Government Regulatory Authority (TDRA), Dubai Digital Authority, and Emirates NBD – in developing the free zone’s digital infrastructure and system for digital commerce.
The free zone aims to increase Dubai’s contribution to the country’s digital economy, which amounts to 4.3% of the UAE’s GDP. It will also support the contribution of Dubai and the UAE to the global digital economy, which is expected to reach $800 billion by 2030.
Dubai CommerCity has been built over an area of 2.1 million square feet at a cost of AED3.2 billion to provide support to new and existing digital commerce companies in the Middle East, North Africa, and South Asia.