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In 2012, the DMCC launched its own financial products, such as the Dubai Commodity Asset Management (DCAM), Dubai Shariah Asset Management (DSAM), DMCC Tradeflow, [9] and Dubai Gold & Commodities Exchange (DGCX). [10] In 2018, the DMCC launched the Middle East's first Google for Entrepreneurs Global Tech Hub with AstroLabs Dubai. [11]
The Dubai International Financial Centre (DIFC) is a special economic zone in Dubai covering 110 ha (272 acres), established in 2004 as a financial hub for companies operating throughout the Middle East, Africa, and South Asia (MEASA) markets.
Official Logo. Dubai Maritime City (DMC) is a multipurpose maritime zone. It is a member of the DP World group of companies. [1] Maritime city was expected to be fully operational by 2012, and by January 2021 had completed 80% of the first phase's infrastructure works. [2]
The Exchange provides clearing service through the Dubai Commodities Clearing Corporation (DCCC), a 100% owned subsidiary of DGCX. [3] On 6 February 2024, the Joint Board of Appeal (“the Board”) of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) withdrew the recognition of DCCC as a Tier 1 third-country central counterparty (CCP) over money laundering concerns.
DMCC may refer to: Diplomats and Military Commanders for Change; Dubai Multi Commodities Centre. DMCC (Dubai Metro) Diploma in the Medical Care of Catastrophes (DMCC), a diploma run by the Worshipful Society of Apothecaries based in London
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
The Dubai Media City was established and built in 2000 [1] and inaugurated in January 2001 [2] by the government of Dubai to boost UAE's media foothold. Since then, it has become a regional hub for media organizations including news agencies, publishing, online media, advertising, production, and broadcast facilities.
Investment Corporation of Dubai (Arabic: مؤسسة دبي للاستثمارات الحكومية, ICD) is the principal investment arm of the Government of Dubai [2] focused on strengthening Dubai’s economy through long-term value and wealth creation and investing in global opportunities. [3]