Dubai Multi Commodities Centre
Standard & Poor’s reaffirms ‘A’ rating for DMCC
The international rating agency Standard & Poor’s (S&P) has reaffirmed its ‘A’ rating for the Dubai Multi Commodities Centre (DMCC), according to an announcement from the Centre. The S&P report highlights the personal involvement of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of... »
DMCC and Shariah Capital to develop commodities-based Shariah-compliant investment vehicles
The Dubai Multi Commodities Centre (DMCC) and Shariah Capital, Inc., have signed an agreement to explore the development of Shariah compliant investment products based on hard assets such as commodities and precious metals, according to a joint announcement today. A US-based organisation with a DIFC-registered office in Dubai, Shariah Capital Inc. is a multi-dimensional... »
First Turkish refinery achieves international ranking with inclusion in DMCC’s Dubai Good Delivery List
Dubai Multi Commodities Centre (DMCC) today announced that it has awarded the Dubai Good Delivery Status (DGD) status to Istanbul Gold Refinery (Istanbul Altin Rafinerisi – IAR), enabling it to become the first Turkish refinery to achieve international ranking. The listing means that IAR’s one-kilo gold bars are now accepted for delivery against gold... »
Master Plan launched for Dubai’s diamond sector
The Dubai Multi Commodities Centre (DMCC) revealed today a Master Plan to further develop a service economy through supporting the diamond trade. The Master Plan seeks to implement a three-pronged strategy for business development, trade support and the creation of an interface to structure market interaction in the diamond sector in Dubai. ‘DMCC’s strategic... »
DMCC to create opportunities in the food sector
The Dubai Multi Commodities Centre (DMCC) hosted a gala reception for exhibitors at Gulfood 2007, the 12th Gulf Food, Hotel and Equipment exhibition currently. DMCC is participating at the Gulfood exhibition for the first time, in preparation for the development of the commodities market in the food sector. ‘DMCC is creating opportunities in the... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum