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    Dubai Multi Commodities Centre
    commodities exchange

    Dubai Multi Commodities Centre

    United Arab Emirates flagUnited Arab Emirates

    "Where the World Trades"

    Founded 2002 Almas Tower, Jumeirah Lakes Towers, Dubai, United Arab Emirates CEO: Feryal Ahmadi
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    About

    The Dubai Multi Commodities Centre, commonly known as DMCC, was established in 2002 by a decree from Sheikh Mohammed bin Rashid Al Maktoum. The aim was straightforward: turn Dubai into a global hub for commodity trade. It began operations in 2003, starting with gold and diamonds before expanding into energy, metals, agricultural products, and more. Today, DMCC is the largest free zone in the UAE, hosting over 24,000 member companies from more than 180 countries.

    DMCC's infrastructure includes the Almas Tower, a 68-story skyscraper that houses the Dubai Diamond Exchange and numerous trading firms. The Jumeirah Lakes Towers (JLT) business district, built around the tower, is a mixed-use development with offices, residences, and retail spaces. The free zone also operates the Dubai Gold and Commodities Exchange (DGCX) and the Tradeflow platform for trade finance, which has processed over $15 billion in transactions since its inception.

    In 2021, DMCC was transferred to Dubai Holding, a sovereign wealth fund, as part of a government restructuring. It remains operationally autonomous and continues to expand into new sectors. The DMCC Crypto Centre, launched in 2024, caters to blockchain and digital asset businesses, while a sustainability program targets net-zero emissions by 2040. Representative offices in Shanghai, Mumbai, London, Geneva, São Paulo, Singapore, New York, and Houston help connect Dubai to global commodity markets.

    Products & Sub-brands

    Company formation and licensingDubai Gold and Commodities Exchange (DGCX)Dubai Diamond Exchange (DDE)Tradeflow trade finance platformDMCC Crypto CentreDMCC Academy

    Frequently Asked Questions

    Who owns DMCC?
    DMCC is owned by Dubai Holding, a sovereign wealth fund controlled by the Government of Dubai. It was transferred from direct government ownership to Dubai Holding in 2021 as part of a corporate restructuring. The Executive Chairman, Ahmed Bin Sulayem, reports to the Dubai Holding board. DMCC operates as an autonomous free zone authority under this ownership structure.
    Who is the CEO of DMCC?
    The CEO of DMCC is Feryal Ahmadi, appointed in 2021. She previously served as Chief Operating Officer and has been with the organization for over a decade. She holds a Master's degree in Business Administration from the University of Dubai and has been instrumental in DMCC's expansion into technology and sustainable commodities.
    How much is DMCC worth?
    DMCC does not publicly disclose its valuation, but estimates suggest it is worth $15–20 billion based on its real estate portfolio (primarily Jumeirah Lakes Towers), annual license revenue exceeding $500 million, and its contribution of approximately 10% to Dubai's GDP. The JLT property portfolio alone is valued at over $10 billion.
    DMCC vs DIFC: Which is better for my business?
    DMCC is better for commodities trading, general trading, and logistics businesses, offering lower setup costs and physical trading infrastructure. DIFC is better for financial services, banking, and fintech companies, with a more sophisticated regulatory framework and access to international capital markets. DMCC has over 24,000 member companies; DIFC has approximately 4,000.
    Is DMCC still in business and active?
    Yes, DMCC is highly active and growing rapidly. As of 2025, it hosts over 24,000 member companies from 180+ countries, was named Global Free Zone of the Year for the 10th consecutive year in 2024, and continues to expand into new sectors like cryptocurrency, sustainability, and African markets. It remains the largest and most dynamic free zone in the UAE.

    Keywords

    DMCCDubai free zonecommodities tradinggold tradingdiamond exchangeJumeirah Lakes TowersAlmas TowerDubai Holdingfree zone company formationtrade finance

    Company Info

    Founded
    2002
    Founder
    Government of Dubai
    CEO
    Feryal Ahmadi
    Headquarters
    Almas Tower, Jumeirah Lakes Towers, Dubai, United Arab Emirates
    Industry
    commodities exchange
    Parent Company
    Dubai Holding
    Revenue
    500000000
    Employees
    1000
    Executive Chairman
    Ahmed Bin Sulayem
    Number of Member Companies
    24,000+
    GDP Contribution
    10% of Dubai's GDP

    Official Website

    www.dmcc.ae/

    Links

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