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The Dubai Multi Commodities Centre (DMCC) is a commodities exchange and free-trade zone in the United Arab Emirates. It is located in the Jumeirah Lake Towers district of Dubai . The DMCC was created in 2002 and deals in four main sectors: precious commodities (e.g., gold, diamonds); energy; steel and metals and agricultural commodities (e.g ...
As for other Free Zones in Dubai, the Dubai Multi Commodities Centre (DMCC) has 7,330 active registered companies (as per 2013), offers a retention rate of 94 percent, and estimates an application of over 200 companies every year.
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: [2] 100% foreign ownership of the enterprise
The establishment of designated freezones in the United Arab Emirates (UAE) traces its roots to the nation's strategic vision for economic diversification.In the late 20th century, recognizing the need to reduce reliance on oil revenue, the UAE embarked on a deliberate initiative to create economic zones that would attract foreign investment, promote international trade, and foster innovation.
The Dubai Multi Commodities Centre (DMCC), the developer of the tower, was the first to move in. The DMCC moved its corporate offices along with the Dubai Diamond Exchange, to the unfinished tower on 15 November 2008. [6]
Jordon Hudson is getting ready to cheer on her boyfriend, Bill Belichick, at his coaching job.. As Belichick, 72, is set to begin a new role as head football coach at the University of North ...
Manufacturers of baby powder and cosmetic products made with talc will have to test them for asbestos under a proposal announced by the U.S. Food and Drug Administration.
IEDEA is an agency, founded by Malini N. Menon, [2] headquartered in Dubai, UAE, and registered with the DMCC.The company's goal is to facilitate intra-Asian businesses through publishing initiatives, digital forums, events, and more.