DMCC signs MoU with World Gold Council

DMCC signs MoU with World Gold Council

DMCC, the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, has signed a Memorandum of Understanding (MoU) with the World Gold Council (WGC) Middle East, solidifying a partnership aimed at advancing the gold industry in the UAE and the wider region. The MoU between DMCC & WGC outlines a […]DMCC, the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, has signed a Memorandum of Understanding (MoU) with the World Gold Council (WGC) Middle East, solidifying a partnership aimed at advancing the gold industry in the UAE and the wider region.

The MoU between DMCC & WGC outlines a comprehensive joint work program, focusing on key initiatives including tackling hand-carried gold in illicit trade, implementing an annual training plan for the gold industry, engaging bullion banks, establishing retail gold investment principles, and conducting consumer research in the gold market.

The partnership between DMCC and WGC Middle East underscores a shared commitment to drive positive change throughout the entire gold value chain, facilitating the exchange of knowledge and professional expertise to advance innovation, research and development within the regional gold industry.

Ahmed Bin SulayemExecutive Chairman &CEODMCC

“As one of the largest gold hubs in