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Website. www.dmcc.ae. 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 ...
Jafza accounts for almost 32 per cent of total FDI (Foreign Direct Investment) flow into the country. The free zone contributes 21 per cent of Dubai's GDP on a yearly basis, and sustains the employment of more than 144,000 people in the United Arab Emirates. In 2015, Jafza generated trade worth US$169 billion. [7]
Location of the United Arab Emirates. The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf.. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014.
US$1.03 billion (2023) [2] Number of employees. 101,440 [3] Website. dpworld.com. DP World is an Emirati multinational logistics company based in Dubai, United Arab Emirates. It specialises in cargo logistics, port terminal operations, maritime services and free trade zones. Formed in 2005 by the merger of Dubai Ports Authority and Dubai Ports ...
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.
Dubai Export Development Corporation ( EDC; Arabic: مؤسسة دبي لتنمية الصادرات) is an organization in Dubai, United Arab Emirates, created to advocate and assist exporting to foster economic development of the region. The EDC began operations in 2007, having been established in 2006 under Law No. 10/2006 by the Government ...
The Dubai Chamber was established by a decree issued by the late Ruler of Dubai, Sheikh Rashid bin Saeed Al Maktoum in 1965. Dubai Chamber started its activities with 450 members and a 12-member board of directors. The number of members increased to over 150,000, from all economic sectors, in 2013. There are 24 board members. [3]
In April 2021 Dubai CommerCity launched, a free zone dedicated to e-Commerce. [5] The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai. [6] This freezone was founded in Fujairah Emirate and has moved to Dubai Silicon Oasis (DSO), Dubai. [7]