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| Company type | Free-trade zone and Government agency (former) |
|---|---|
| Industry | Commodities exchange Real estate |
| Founded | 2002 |
| Headquarters | , |
Key people | Ahmed Sultan Bin Sulayem, Executive Chairman & Chief Executive Officer |
Number of employees | 300+ |
| Website | www |
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., tea, cotton).[1]
In August 2020, the Investment Corporation of Dubai, a sovereign wealth fund, became the parent company of the autonomous DMCC as part of a major restructuring.[2][3][4]
- ^ Eyring, Alison Romney; Lim, Angeline; Danish, Tania (1 January 2014). "Dubai Multi Commodities Centre Authority (DMCC): the transformation of a government-linked firm in Dubai". Emerald Emerging Markets Case Studies. 4 (6): 1–10. doi:10.1108/EEMCS-06-2013-0080. ISSN 2045-0621.
- ^ "Law No. (10) of 2020: Transferring the Ownership of the Dubai Multi Commodities Centre to the Investment Corporation of Dubai". Dubai Legislation Portal. The Supreme Legislation Committee in the Emirate of Dubai.
- ^ "Retail Investments". Investment Corporation of Dubai.
- ^ "Investment Corporation of Dubai and Meydan City boards restructured". Reuters. 15 August 2020.