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Press Release: The Dubai Multi-Commodities Centre (DMCC), Dubai’s and the Gulf region’s global gateway for commodity trade and enterprise, in association with Foretell and title sponsor Standard Bank, will host the third annual Dubai Precious Metals Conference (DPMC 2014) from April 6 to 7. The event taking place at the Sofitel Dubai, Palm Jumeirah, will include panel debates and master classes with a focus on the theme of "Engaging with Africa." Ahmed Bin Sulayem, the executive chairman of DMCC, said, “Dubai has emerged as the global hub for commodities trading and we continue to progress further at an unprecedented speed. At DMCC, we embrace opportunities to strengthen trading ties with producing and consuming nations, which are exactly what events like the DPMC 2014 aim to achieve. We look forward to welcoming delegates from all across the globe at the third DPMC and Dubai.” DPMC 2014 will welcome over 400 delegates from 30 countries with key topics on the agenda ranging from engaging with Africa to jewelry consumption moving East, to leveraging Dubai’s position as the global hub for commodities trade. Gautam Sashittal, the CEO of DMCC, said, “The DPMC is now firmly established as the annual global conference for the precious metals industry. As the flow of gold passing through Dubai continues to grow so does the importance of ensuring that industry participants have access to the infrastructure, products and services they require to trade with confidence. It is therefore important for DMCC to facilitate events like the DPMC 2014 to provide an environment where the industry can meet to share challenges and opportunities -- with one common goal -- to strengthen cooperation and transparency throughout the entire supply chain.”
John Hathaway, a portfolio manager at Tocqueville Asset Management, and Jean Louis Ekra, the president and chairman of African Export-Import Bank will give the keynote addresses. Other speakers include Tyler Gillard, the head of projects at OECD Investment Division, Ross Norman, the CEO of Sharps Pixley, Dr. Robert Mhlanga, the chairman of Mbada Diamonds and Tom Kendall, the director and head of precious metals research at Credit Suisse. More details are available here: http://www.dpmc.ae/. About DMCC
With 66 mixed-use commercial and residential towers and over 220 retail outlets in operation, there are currently over 80,000 people working and living within the DMCC Free Zone in Dubai. With an average of 200 companies choosing to join DMCC each month and a 94 percent retention rate, DMCC remains the UAE’s largest and fastest growing free zone.
DMCC is a strategic initiative of the government of Dubai, it was established in 2002, with a mandate to provide the physical, market and financial infrastructure required to set up a commodities market place in Dubai. DMCC attracts key players throughout the entire value chain of a wide range of commodities sectors, together with relevant support industries such as finance, logistics and insurance. DMCC has established a robust infrastructure, including free zone status, trade networking platforms, secure vaults and purpose-built storage facilities. Resident companies of DMCC are offered highly attractive benefits under a free zone status, including 50-year guaranteed zero interest for corporate and personal income tax, 100 percent business ownership, full ownership of business premises and a secure regulated environment. DMCC has also implemented a dedicated compliance policy in the organization, which is in line with the compliance related laws and regulations of the UAE federal government and the competent international bodies. DMCC owns three fully operational towers, which host the majority of the physical, market and financial infrastructure including the jewelry and gemplex facility, the specialized diamond and pearl exchanges and a gold vault. www.dmcc.ae
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