Government of Dubai Authority, Free Zone and Master Developer of Jumeirah Lakes Towers | |
Industry | Free Zone Authority, Commodities Trade and Exchanges, Real Estate and Property |
Founded | 2002 |
Headquarters | Almas Tower, Dubai, United Arab Emirates |
Key people
|
Ahmed Sultan Bin Sulayem, Executive Chairman |
Number of employees
|
300+ |
Website | www |
DMCC (Dubai Multi Commodities Centre) was established in 2002 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. As of June 2013, it had over 6,800 registered members including both commodities and other businesses. Today there are over 11,000 member companies in the DMCC Free Zone also voted ‘Global Free Zone of the Year’ 2015 by The Financial Times fDi Magazine.
Industry participants and Free Zone member companies enjoy access to market infrastructure and physical facilities such as gold and diamond vaults, trading platforms like the Dubai Gold & Commodities Exchange, Dubai Diamond Exchange, the Dubai Pearl Exchange and DMCC Tradeflow, the DMCC Tea Centre and a range of commodities backed financial investment tools.
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 85,000 people strong business and residential community based in Jumeirah Lakes Towers, Dubai.
Ahmed Bin Sulayem is the Executive Chairman of DMCC.
DMCC Free Zone is the UAE’s largest and fastest growing free zone in the UAE, with over 11,700 registered members. Members of the DMCC Free Zone operate across all stages of the value-chain, in addition to other support and facilitation services
The 200-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.
The DMCC Free Zone is situated in the heart of new Dubai and is 1 hours and 15 minutes away from Abu Dhabi. Located in Dubai’s logistics Corridor and on the main arterial Sheikh Zayed Road, it is also served by two Metro stations; JLT and Dubai Marina. Both Dubai International Airport and the New Maktoum International Airport can be reached within 30 minutes.
The DMCC Free Zone fulfills DMCC’s mandate to increase the flow of trade and around the Emirate by providing the physical infrastructure for businesses covering a wide range of commercial activities. It has been designed as a free zone, freehold community and offers all related services to its growing population.