DMCC stands for Dubai Multi Commodities Centre. It is a free zone authority in Dubai, United Arab Emirates, established in 2002 by the Government of Dubai to enhance commodity trade flows through the Emirate. DMCC is responsible for regulating, licensing, and supervising the activities of companies operating within its jurisdiction.
As a global hub for commodity trade, DMCC offers a wide range of services and facilities to businesses engaged in various sectors. These include precious metals, diamonds, energy, agriculture, and other commodities. Companies registered with DMCC benefit from a highly regulated and secure environment, world-class infrastructure, and access to global markets.
DMCC provides various services to its members, such as licensing, support for business setup, visa services, networking opportunities, and modern office facilities. It also operates specialized marketplaces, including the Dubai Gold and Diamond Exchange (DGD) and the Dubai Diamond Exchange (DDE), which facilitate the trading of precious metals and diamonds respectively.
The authority ensures compliance with international best practices and standards, promoting transparency and trust in the commodities market. It also encourages sustainable practices, innovation, and the development of value-added services to attract global businesses to Dubai. DMCC has been instrumental in positioning Dubai as a leading global hub for commodities trade and has contributed significantly to the emirate's economic growth and diversification.
