Dubai Multi Commodities Centre
DMCC’s GMR-backed financing by Standard Chartered Bank wins Euromoney Trade Finance ‘Deal of the Year 2008’
Dubai Multi Commodities Centre (DMCC) announced today that the Global Multi Commodity Receipt (GMR)-facilitated financing by Standard Chartered Bank to Mohsen Line Trading has been awarded the “Deal of the Year 2008” by Euromoney’s Trade Finance Magazine. This is the second consecutive year that DMCC’s GMR-facilitated trade financing has been awarded this prestigious honour.... »
Dubai Pearl trade records over 300 per cent year-on-year growth during 2008
The Dubai Pearl Exchange, a subsidiary of the Dubai Multi Commodities Centre (DMCC), announced that Dubai’s pearl trade more than quadrupled during 2008 underlining Dubai’s active role in the global pearl market. Reports from the Statistics Department of Dubai World indicate that the value of the loose pearl trade in Dubai grew from AED... »
Dubai and China strengthen trade relations
In a move to further strengthen Dubai-China trade relations, Dubai Multi Commodities Centre (DMCC) hosted today a high-profile government and trade delegation from Shenzhen, China. The delegation discussed the scope of bilateral trade, particularly in diamond, jewellery, pearls and coloured stones. The 10-member Shenzhen delegation was led by Mr. Ni Zewang, Member of the... »
Dubai Gold Securities listed on NASDAQ Dubai
Dubai Gold Securities (stock ticker: GOLD), an initiative of World Gold Council (WGC) and the Dubai Multi Commodities Centre (DMCC), began trading on NASDAQ Dubai Ltd. today. Dubai Gold Securities represent the first Exchange Traded Commodity (ETC) to list on NASDAQ Dubai and the first Shariah-compliant gold ETC in the region. Dubai Gold Securities... »
Dubai Gold Securities listed on Nasdaq Dubai
Dubai Gold Securities (stock ticker: GOLD), an initiative of World Gold Council (WGC) and the Dubai Multi Commodities Centre (DMCC), began trading on NASDAQ Dubai Ltd. today. Dubai Gold Securities represent the first Exchange Traded Commodity (ETC) to list on NASDAQ Dubai and the first Shariah-compliant gold ETC in the region. Dubai Gold Securities... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum