Dubai Multi Commodities Centre
UAE construction sector to benefit from Dubai Steel Futures market
The launch of the forthcoming Dubai Steel Futures contract will enable building contractors in the UAE and surrounding region to reduce cost overruns in their construction projects, said Dr. David Rutledge, Chief Executive Officer, Dubai Multi Commodities Centre (DMCC). Steel producers, traders, contractors and end users would be able to better manage their price... »
Dubai Government and LNG Impel to develop USD1 billion first-of-its-kind Liquefied Natural Gas (LNG) storage facility
Two leading Government of Dubai entities – the Dubai Multi Commodities Centre (DMCC), and Techno Park – announced that they had tied up with LNG Impel (IMPEL) to develop a world class Liquefied Natural Gas (LNG) storage facility, to be located at Techno Park in Dubai, in the United Arab Emirates (UAE). The total... »
Diamonds worth USD2.3 million sold in first two transactions at Dubai Gems Club
Dubai Gems Club (DGC), the region’s newly formed exclusive trading platform dedicated to gemstones, saw its first transactions with about 30,000 carats of rough diamonds worth US$ 2.3million being sold. Dubai Multi Commodities Centre (DMCC), the parent of DGC, said the sale was completed by ALROSA, Russia’s largest diamond company engaged in the exploration,... »
Polygon expands globally with new offices in Dubai, India and China
today the beginning of its global expansion, with new offices opened in Dubai, Mumbai and Shenzhen, China. Polygon’s international inititiative is a joint venture with the Dubai Multi Commodities Centre (DMCC), a Dubai government initiative. As part of the expansion, Jacques Voorhees, founder of Polygon, was named Chairman. New CEO’s were named for PolyGroup,... »
Dubai Gems Club to grow trade in Gems, Pearls, Diamonds
Dubai’s rapidly growing industry in coloured stones, diamonds and pearls was boosted by a further infrastructure development today, when the Dubai Multi Commodities Centre (DMCC) announced the launch of the Dubai Gems Club (DGC), an exclusive trading platform dedicated to gemstones. The Dubai Gems Club will offer its members an exclusive platform to network... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum