WHY DUBAI?

Dubai, an Emirate of the United Arab Emirates (UAE), is popularly known as the ‘City of Gold’ and is strategically located in between the East and West.

In the non-oil trade segment for the UAE, gold trade is ranked as number 1 in value terms.

The gold sector is fueled by a depth of market participants across the entire value chain as follows:

Wholesale & Retail Jewellers
Traders & Aggregators
Brokers
Financial Institutions
Derivatives Exchange
Refineries
Processors & Manufacturers
Assayers
Secure Logistics (Transportation and Vaulting)

DMCC regularly provides the latest trade statics to ensure market transparency.

Location Advantages

Stable local currency in relation to the US Dollar
Ease of connectivity for producing and consuming countries
Suitable time zone benefits for global businesses
No corporate or personal income tax
VAT exemption for gold bars trading