Almas Tower

A diverse collection of polished melee and single stones diamonds awaits at @Rapaport upcoming Auction. From 15–18 November, buyers can explore mixed, breakout, close-out and finely assorted melee diamond parcels at the Dubai Diamond Exchange, Level 2, Almas Tower, JLT. Book your appointment now: dmcc.tech/47Vclhm

Explore a diverse selection of original Zimbabwe mine productions at the Trans Atlantic Gem Sales (TAGS) tender, taking place from 26–29 October 2026 at Almas Tower. Book your appointment now: dmcc.tech/4dMNvUj

Explore Angolan and alluvial rough diamonds at the Stargems tender, taking place from 21–25 October at Almas Tower. Book your appointment to view the available lots and discover the selection: dmcc.tech/4jx0tt4

Dubai's ambition in gold has always been about more than leading the market. It has been about pioneering the market's next move. That foresight began more than 24 years ago.

On 24 April 2002, His Highness Sheikh Mohammed bin Rashid Al Maktoum announced the creation of the Dubai Metals and Commodities Centre as a trading, refining, and storage hub, with the ambition of capturing half of the international gold business. At the time, Dubai held about 10% of the market.

Today, DMCC is home to more than 26,000 companies, including more than 1,500 in precious metals, gemstones, and diamonds, and contributes 15% of Dubai's annual foreign direct investment and 7% of its GDP. With Dubai at the centre of its gold trade, the UAE is the world's second-largest physical gold trading hub, after Switzerland.

On 8 October 2026, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Chairman of the Higher Committee for the Development of the Economic and Financial Sector, chaired a meeting that reviewed six strategic directions for the Dubai Gold Strategy, covering trading, financing, storage, competitiveness, price discovery, and jewellery and retail demand. It recalls the 2002 announcement and is just as important.

To support this strategy, we bring together the region's largest non-sovereign precious metals vault, DMCC Tradeflow, @dmccfinx, and @DGCX. Together with our responsible sourcing framework, they continue to expand trade, enhance secure storage, and advance inventory financing. Almas Tower and @UptownDubai bring these businesses, services, and industry connections together within one integrated business district.

Dubai's foreign gold trade reached about AED 1 trillion in 2025, up 60% on the previous year. For DMCC, supporting the next stage of growth means connecting producers, refiners, and buyers across Africa, the Middle East, and Asia, and giving our members the infrastructure, partners, and access to finance to grow with it. We remain committed to strengthening transparency, liquidity, and price discovery, so that Dubai continues to set the standard for the precious metals trade.

Join us at the 7th Dubai Diamond Conference, 25 to 27 October 2026, at Almas Tower and SO/ Uptown Dubai, and at the 14th Dubai Precious Metals Conference, 16 and 17 November 2026, at SO/ Uptown Dubai.

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@MaktoumMohammed

Your simple act of blood donation can make a big difference in someone's wellness journey.

Join DMCC and @DubaiHealth for blood donation drive on 2 November at Almas Tower, JLT and help support patients who rely on donated blood during critical moments.

If you are aged 18–65, in good general health and meet the eligibility criteria, register today: dmcc.tech/4ymk2rM