Dubai Multi Commodities Centre
Dubai gold trade increases 12 per cent in first half 2009 to US$14.69 billion
Dubai Multi Commodities Centre (DMCC) announced today that gold trade through Dubai reached US$14.69 billion in the first half of 2009, an increase of 12 per cent from US$13.07 billion during the same period in 2008. In the first six months of 2009, a total of 300 tonnes of gold was imported into Dubai,... »
Dubai and China explore opportunities in gold
In line with increasingly strong trade ties between Dubai and China, the emirate and the People’s Republic are actively exploring opportunities to enhance cooperation in the gold trade, according to senior executives at DMCC. Following DMCC’s participation at the Asia Gold Focus 2009 Conference in Guangzhou, China, where investment strategies for the Dubai gold... »
DMCC receives Euromoney Trade Finance
At the recent annual awards of Euromoney’s Trade Finance Magazine held in London, Dubai Multi Commodities Centre (DMCC) was presented with the “Deal of the Year 2008″ award for its Global Multi Commodity Receipt (GMR)-facilitated transaction. The award was in recognition of the GMR-facilitated US$10 million rice financing transaction by Standard Chartered Bank for... »
DMCCA sets Jumeirah Lakes Towers plan for members
Registered member companies of Dubai Multi Commodities Centre (DMCC) can now be part of the fast-growing commodities community at Jumeirah Lakes Towers (JLT), with direct and immediate access to all commodity-related facilities being offered by the Centre. According to an announcement from DMCC, all member companies, including those awaiting membership approvals, will be brought... »
DMCC highlights Dubai’s growing importance to global rice trade
Dubai Multi Commodities Centre (DMCC) highlighted to an audience of high-level industry executives the current opportunities for Dubai as a hub for the global rice trade. In DMCC’s presentation at the Middle East-Africa-Asia Rice Summit 2009 in Dubai, it was pointed out that Dubai’s proximity to major rice producers, excellent shipping infrastructure, storage facilities,... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum