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APO Group - Africa Newsroom / Press release | The spectacular rise of Dubai Multi Commodities Centre (DMCC) under Ahmed Sultan Bin Sulayem

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The spectacular rise of Dubai Multi Commodities Centre (DMCC) under Ahmed Sultan Bin Sulayem

Few people had heard of DMCC, or Ahmed Sultan Bin Sulayem, when he was appointed to lead the organization and tasked with creating a world-class commodities centre for the Gulf emirate. Eighteen years on as the centre achieves unprecedented growth from a start-up of 28 member companies in 2003 to a world leading free zone in 2020 with over 18,000 member companies from 180 countries. Also as the Executive Chairman of DMCC, Bin Sulayem has played a key role in establishing and positioning DMCC as a major commodities trade hub in the region. Under his leadership, DMCC has introduced a number of value-added products and services; including the establishment of the Dubai Diamond Exchange (DDE), the only diamond exchange in the Arab World affiliated to the World Federation of Diamond Bourses; Dubai Tea Trading Centre (DTTC), which offers a range of value-added facilities to the global tea trade and has contributed to the UAE becoming the world s largest re-exporter of tea. The forward thin

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