Dubai Multi Commodities Centre
Dubai accounts for 80 per cent of total non-oil trade in UAE
Dubai’s non-oil trade accounted for 80 per cent of the UAE’s total non-oil trade in 2006, paving the way for it to become the preferred destination for commodities trading in the region said Dr. David Rutledge, CEO of Dubai Multi Commodities Centre (DMCC). Speaking at the Middle East Trade and Export Finance Forum in... »
DMCC adds plastics to commodities portfolio
The Dubai Multi Commodities Centre (DMCC) announced today that it plans to expand its existing commodity portfolio with plastics the next commodity to be included on its list. This is in line with the significant growth in the plastic products market in Dubai, which is now considered to be one of the largest markets... »
Dubai gold trade increases 37 per cent in 2006 to US$14.75 billion
Gold trade through Dubai reached US$14.75 billion in 2006, an increase of 37 per cent from 2005, according to a statement by the Dubai Multi Commodities Centre (DMCC). In 2005, Dubai’s gold trade was estimated at US$10.73 billion, up marginally from US$10.17 billion in 2004. A total of 489 tonnes of gold was imported... »
First UAE-based silver refiner achieves international ranking with inclusion in DMCC approved list
Dubai Multi Commodities Centre (DMCC) today announced that Emirates Gold, the only silver refinery in the UAE, has been awarded the Dubai Good Delivery (DGD) status, thereby enabling it to achieve international ranking. The inclusion of Emirates Gold into DMCC’s approved list of silver refiners is expected to give silver manufacturing in the UAE... »
DMCC COO Ahmed bin Sulayem participates in G8 anti-terrorism initiative
Ahmed Bin Sulayem, Chief Operating Officer (COO) of Dubai Multi Commodities Centre (DMCC), recently participated in a G8 anti-terrorism initiative in Moscow, Russia. He was invited to attend the forum as a member of the World Diamond Council (WDC). The initiative, ‘Global Forum for partnerships between governments and business to counter terrorism,’ is aimed... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum