Dubai Multi Commodities Centre
Kimberley Process opens second office at the Almas Tower
Dubai Multi Commodities Centre (DMCC) announced today that the Kimberley Process Certification Scheme (KPCS) for the ethical trade of rough diamonds has expanded its UAE operations with the opening of a second office at Almas Tower, located in the Jumeirah Lakes Towers community in Dubai. Currently operating within the Dubai Airport Free zone alongside... »
Dubai to host global headquarters of international trade confederation for pulses industry
Dubai Multi Commodities Centre (DMCC) announced today that the International Pulses Trade and Industry Confederation (IPTIC), also known as the Confédération Internationale du Commerce et des Industries des Légumes Secs (CICILS), has relocated its global headquarters from Europe to Dubai, and will operate as a registered entity within the DMCC Free Zone. This strategic... »
DGCX sets new monthly volume record for 2009
Total volume on Dubai Gold & Commodities Exchange (DGCX) reached a record 158,074 contracts in May – the highest monthly volume achieved in 2009. With an underlying value of $7.5bn, May volumes reflect a year-on-year increase of 77%. The volume exceeded the previous high of 101,215 contracts achieved in March and was mainly driven... »
China can play key role in boosting global gold trade say industry experts at DMCC Gold Convention
The growing significance of China in boosting the global gold trade was acknowledged by industry experts at a recently concluded industry conference organised by Dubai Multi Commodities Centre (DMCC) in Dubai. Participants in the inaugural “DMCC Gold Convention 2009: Year of the Bull or Bear?” highlighted that China’s gold reserves, which rose rapidly to... »
DGCX volumes rise 14% in April
Dubai Gold & Commodities Exchange (DGCX) continued to record a steady growth in year-on-year volumes in April with a 14% increase compared with the same month last year. The Exchange traded 98,322 contracts, valued at US $4.4 billion during April. The growth was driven by higher volumes in Indian Rupee-Dollar futures, as well as... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum