Dubai Media City is a venture by Dubai government that has developed into a blooming business hub for both regional and global media companies. It comes under the free zone. The main aim of the Dubai Media City is to establish Dubai as the major communications and media industry centre in the Middle East.
The business park offers a favorable environment to the media companies and media professionals to operate in collective cooperation and freedom. Free Zone advantages like 100 percent free business ownership and tax free income are one of the greatest attraction of Dubai Media city. Valued added services including networking opportunities, programs aiming at building the media industry and government services are also provided to the companies in the DMC.
Dubai Media City was opened in 2001 and it now has more than 1,400 companies registered. News agencies, publishing, online media, advertising, production, and broadcast facilities are the various media industries that are operating from the DMC.
The Media business centres of the Dubai Media City have also contributed to the emerging talents and entrepreneurs in the field. The unique facilities of the media business centres are aimed at freelancers and independent media professionals. The freelancers find it as the best platform for achieving perceptibility and to connect with the cream of the media industry.
DMC has been chosen as the major business hub for the operations in the Middle East by the key international and regional players in the field.
The entertainment and media industry in the Middle East and North Africa region has marked a high growth rate as compared to the other global markets. The expected compound annual growth rate of the media industry in the MENA region in the future is about 16.5%. This will boost the media firms in the Middle East region.
As the broadband penetration rates in Dubai and in the region is increasing with more focus on youth, new opportunities will be evolved in the areas of digital media sector like the online advertising, social media platforms and mobile applications. All these will help in the further development of the Dubai Media City.
Dubai Media City is strategically situated in the heart of the “New Dubai”.
