Universities in Dubai
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DMCC Dubai Multi Commodities Centre was established in as a strategic initiative of the government of Dubai with a mandate to provide the physical, market and financial infrastructure required to establish Dubai as a hub for global commodities trade.
Today you will find many commodity sectors along with a range of businesses from shipping to trade, recruitment, to IT and advertising, through to restaurants, retail stores, gyms, nurseries, luxury brands, universities and more in the 85,  people strong business and residential community based in Jumeirah Lakes Towers, Dubai.
The hectare mixed-use Free Zone, comprises both freehold and leasing options. The development is grouped into clusters each comprising three tower blocks around three large lakes and a park. It has been designed as a free zone, freehold community and offers all related services to its growing population. DMCC has made significant changes to the process for registration and licensing including a simplified e-application process, availability of longer-term licenses and improved client relationship management.
DMCC is the only international commodity centre in the region. It supports commodity trading across certain commodity groups through purpose-built infrastructure including the Diamond and Pearl Exchanges, innovative products and value-added services such as DMCC Tradeflow and the Dubai Good Delivery Standard for Gold.
DMCC has integrated the refining, manufacturing and trading of gold and precious metals through a variety of products and services in Dubai. DDE allows manufacturers, traders, and other key entities in the diamond value chain to effectively operate from a transparent, secure and sophisticated platform. Duringthe volume of diamonds traded reached a record It offers a business centre, temperature controlled storage, blending solutions, packaging, professional advisory and tea tasting services for international tea producers and buyers.
DMCC offers investors sophisticated financial products and has formed various strategic joint ventures to achieve this.
Established to develop and seed commodity-linked investment products for distribution in the UAE and other markets. The four strategies are: An electronic system that brings together all parties involved in inventory based financing.
Through the platform, owners of goods stored in rated warehouses in the UAE can request warehouse keepers to issue "Tradeflow Warrants" which represent the ownership of their goods. These warrants can be used by the owners to pledge beneficial ownership or transfer title of the stored goods to financiers as collateral in return for working capital.
This provides investors with secure, low-cost access to owning gold bullion without the additional costs normally associated with insuring, storing and transacting in physical gold. It has adopted the DGR system for effecting the physical settlements of gold and silver against a futures contract position. DMCC has also unveiled its masterplan of the Burj District, which will have a built-up area of over 1 million square metres.
Dubbed the "diamond of Dubai" for its design cues, elements of the megaproject will include a single-use commercial tower, three residential towers andsquare metres of retail space. From Wikipedia, the free encyclopedia. This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external linksand by adding encyclopedic content written from a neutral point of view. October Learn how and when to remove this template message.
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