Dubai Multi Commodities Centre
DMCC showcases Dubai’s first souvenir gold coin
The first coin in the series features the image of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on one side, with the Burj Al Arab on the other. Produced in Dubai, the ‘Visions of Dubai’ coin is expected to be available... »
Antwerp Diamond Bank to become first international diamond banker in Almas Tower
ADB), Belgium’s largest diamond bank and the second largest financial institution in the global diamond business, announced today the signing of an agreement enabling ADB to serve the Dubai diamond trade. ADB will help meet the financial requirements of Dubai’s thriving diamond community through its new regional office in Dubai at Almas Tower, a... »
DMCC to help establish UAE affiliate of International Association for Energy Economics
The Dubai Multi Commodities Centre (DMCC) announced today that it will facilitate the establishment of a UAE affiliate of the International Association for Energy Economics (IAEE). To be under the patronage of His Excellency Mohamed bin Dha’en Al Hamli, the UAE Minister of Energy and President of the OPEC Conference. Established in 1977, the... »
National Bank of Fujairah uses Dubai Commodity Receipt for AED 72 million financing of steel
The Dubai Commodity Receipt (DCR), an electronic warehouse receipt system operated by the Dubai Multi Commodities Centre (DMCC), has facilitated National Bank of Fujairah to extend AED 72 million financing to Athena SA, a major Greek contracting company. This was a joint initiative undertaken by National Bank of Fujairah, one of founding members of... »
Dubai’s Pearl industry to be revived
The Centre will be a showcase for a new brand of Dubai pearls that will be produced at a pearl farm located off the coast of Dubai. ‘Pearls of Dubai’ will also develop and train UAE national talent in all aspects of the pearl trade. The aim of this ambitious project is to revive... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum