The Dubai Multi Commodities Centre (DMCC) has announced plans to launch a new Financial Centre aimed at strengthening Dubai’s role in global trade finance, fintech innovation, and digital assets. The announcement follows DMCC’s latest international roadshow, held across Ho Chi Minh City and Hanoi, as part of efforts to deepen commercial ties between the UAE and Southeast Asia.
The upcoming Financial Centre will serve as the core financial hub within DMCC’s growing ecosystem of over 26,000 member companies. It aims to unite banks, fintech startups, accelerators, and investment firms into a single integrated community. The centre builds on the foundation laid by the recently launched DMCC Wealth Hub, which supports family offices and private capital across the region.
Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, said:
“The centre will anchor trade finance, fintech innovation, and digital-asset solutions across Dubai and beyond. It will form the financial spine of the DMCC ecosystem, bringing together banks, fintechs, accelerators, and investment firms within a single, integrated community, advancing the UAE’s ambition to position Dubai among the world’s foremost financial hubs.”
Further details on the new Financial Centre are expected at the upcoming Dubai Precious Metals Conference in November.
The roadshow comes on the heels of the UAE-Vietnam Comprehensive Economic Partnership Agreement (CEPA), signed in October 2024. The agreement removes over 98% of tariffs and promotes collaboration in sectors such as agriculture, manufacturing, and technology. In the first half of 2025, bilateral non-oil trade between the two nations reached US$7.02 billion, marking a 17% year-on-year increase. Projections place future trade volume at US$20 billion.
DMCC’s new initiative is a strategic step toward expanding Dubai’s influence in financial innovation while deepening its ties with fast-growing markets in Southeast Asia.
By
Staff Writer
