Company Insights Dubai Multi Commodities Centre Trade Dubai Multi Commodities Centre Overview Dubai Multi Commodities Centre – DMCC – was set up in 2002 to establish Dubai as a commodity trading and free-trade zone. Today DMCC accounts for 15 percent of all foreign direct investment in the emirate. DMCC is also home to mixed-use developments Jumeirah Lakes Towers and Uptown Dubai, which together accommodate more than 100,000 professionals, residents and visitors. The DMCC deals in four main sectors: precious commodities (such as gold and diamonds); agricultural commodities (including tea and cotton); steel and metals; and energy. The Dubai Diamond Exchange (DDE) was established at the DMCC in 2004. Dubai ranks third behind Antwerp and Mumbai in the leading global diamond trading centres. The Dubai Pearl Exchange at DMCC followed in 2007, providing facilities for traders in pearls. Then in 2012 the DMCC launched its own financial products. The DMCC holds regular networking events and offers a programme of business seminars, workshops and webinars. In August 2020 the Investment Corporation of Dubai sovereign wealth fund became the parent company of the DMCC as part of extensive restructuring. More than 25,000 companies are registered with DMCC. Its latest launch was the the DMCC AI Centre in 2024. Dubai Multi Commodities Centre News Analysis Finance Gold continues to soar as investors seek refuge Gold soared to an all-time high of $3,128.06 per ounce on March 31, as investors seek refuge from escalating geopolitical tension, unpredictable trade policies and a shifting monetary landscape. Gold has rallied more than 18 percent so far this year but analysts say that there is still room to run. A range of factors lies […] April 1, 2025 Opinion Media & Advertising Why we launched The Crypto Radio in Dubai – and what we’ve learned Our thinking remained that Dubai was still the perfect place for The Crypto Radio's main hub March 27, 2025 Opinion Trade UAE sharpens focus on China for business growth The relationship between the two countries is China's most robust in the Middle East March 26, 2025 Construction Dubai Multi Commodities Centre announces “Crypto Tower” Dubai Multi Commodities Centre (DMCC) and software company Reit Development have announced plans to build a 17-storey “Crypto Tower” that they say will demonstrate the use of blockchain technology. Blockchain will be used for tenant interactions and transactions through the use of on-chain voting mechanisms, shared resources, smart contracts and other automated services. The 150,000 sq […] January 16, 2025 Analysis Oil & Gas UAE to shake up old world order as oil trading centre For years, Geneva, London, Amsterdam and Singapore have been the preferred homes of middlemen helping to move crude oil and its derivatives around the world. But recent geopolitical and economic shifts have paved the way for the UAE to emerge as a trading powerhouse, attracting international talent and rivalling the old world order. The UAE […] December 20, 2024 Construction US charges billionaire Gautam Adani in $265m bribery case US prosecutors have indicted Indian billionaire Gautam Adani and seven others, including his nephew Sagar Adani, in connection with an alleged $265 million bribery scheme tied to India’s largest solar power project. Adani has extensive business interests in the Arabian Gulf. The indictment, unsealed in New York on Wednesday, accuses the Adanis and Vneet Jaain, […] November 21, 2024 Trade More Turkish companies open in UAE after trade deal A free trade agreement between the UAE and Turkey has been followed by a jump in the number of Turkish companies opening offices in the UAE. The signing of the comprehensive economic partnership agreement (Cepa) between the two nations in March 2023 was designed to create greater collaboration and remove tariffs on a range of […] November 5, 2024 Video length: 03:30 VIDEO Artificial Intelligence Dubai AI leaders call for global regulations Digital economy leaders in the UAE called for the global unification of artificial intelligence regulations at the launch of DMCC’s AI Centre last week. Dubai issued a universal blueprint for AI earlier this year, but a unified framework governing the growing AI technology sector is still lacking. “How can you disregard the artificial intelligence sector […] September 18, 2024 Opinion Real Estate In Dubai’s new Uptown hub, all the talk is of diamonds Ahmed bin Sulayem prepares for a critical meeting of the Kimberley process May 10, 2024 Trade Dubai free zone to build on UAE-Japan trade A Dubai free zone has concluded a trade roadshow in Japan as the UAE looks to increase non-oil bilateral trade, which was worth nearly $7.5 billion in the first half of 2023. Dubai Multi-Commodities Centre (DMCC) said its first Made for Trade Live roadshow in Japan focused on web3, gaming and artificial intelligence. DMCC contributes […] May 2, 2024 Posts navigation 1 2 … 5 Next
Analysis Finance Gold continues to soar as investors seek refuge Gold soared to an all-time high of $3,128.06 per ounce on March 31, as investors seek refuge from escalating geopolitical tension, unpredictable trade policies and a shifting monetary landscape. Gold has rallied more than 18 percent so far this year but analysts say that there is still room to run. A range of factors lies […] April 1, 2025
Opinion Media & Advertising Why we launched The Crypto Radio in Dubai – and what we’ve learned Our thinking remained that Dubai was still the perfect place for The Crypto Radio's main hub March 27, 2025
Opinion Trade UAE sharpens focus on China for business growth The relationship between the two countries is China's most robust in the Middle East March 26, 2025
Construction Dubai Multi Commodities Centre announces “Crypto Tower” Dubai Multi Commodities Centre (DMCC) and software company Reit Development have announced plans to build a 17-storey “Crypto Tower” that they say will demonstrate the use of blockchain technology. Blockchain will be used for tenant interactions and transactions through the use of on-chain voting mechanisms, shared resources, smart contracts and other automated services. The 150,000 sq […] January 16, 2025
Analysis Oil & Gas UAE to shake up old world order as oil trading centre For years, Geneva, London, Amsterdam and Singapore have been the preferred homes of middlemen helping to move crude oil and its derivatives around the world. But recent geopolitical and economic shifts have paved the way for the UAE to emerge as a trading powerhouse, attracting international talent and rivalling the old world order. The UAE […] December 20, 2024
Construction US charges billionaire Gautam Adani in $265m bribery case US prosecutors have indicted Indian billionaire Gautam Adani and seven others, including his nephew Sagar Adani, in connection with an alleged $265 million bribery scheme tied to India’s largest solar power project. Adani has extensive business interests in the Arabian Gulf. The indictment, unsealed in New York on Wednesday, accuses the Adanis and Vneet Jaain, […] November 21, 2024
Trade More Turkish companies open in UAE after trade deal A free trade agreement between the UAE and Turkey has been followed by a jump in the number of Turkish companies opening offices in the UAE. The signing of the comprehensive economic partnership agreement (Cepa) between the two nations in March 2023 was designed to create greater collaboration and remove tariffs on a range of […] November 5, 2024
Video length: 03:30 VIDEO Artificial Intelligence Dubai AI leaders call for global regulations Digital economy leaders in the UAE called for the global unification of artificial intelligence regulations at the launch of DMCC’s AI Centre last week. Dubai issued a universal blueprint for AI earlier this year, but a unified framework governing the growing AI technology sector is still lacking. “How can you disregard the artificial intelligence sector […] September 18, 2024
Opinion Real Estate In Dubai’s new Uptown hub, all the talk is of diamonds Ahmed bin Sulayem prepares for a critical meeting of the Kimberley process May 10, 2024
Trade Dubai free zone to build on UAE-Japan trade A Dubai free zone has concluded a trade roadshow in Japan as the UAE looks to increase non-oil bilateral trade, which was worth nearly $7.5 billion in the first half of 2023. Dubai Multi-Commodities Centre (DMCC) said its first Made for Trade Live roadshow in Japan focused on web3, gaming and artificial intelligence. DMCC contributes […] May 2, 2024
