For Immediate Release
DUBAI, UAE — The Dubai Multi Commodities Centre has announced that its total membership has surpassed 23,000 companies, a milestone that reflects the sustained growth of Dubai's role as the world's premier free zone for commodities trading, processing, and supply chain management across gold and precious metals, diamonds and coloured stones, agricultural commodities, and energy products.
The 23,000th member was registered in the precious metals category, symbolising the centrality of gold and silver to the DMCC's identity and commercial success. Precious metals companies now account for over 1,200 of the DMCC's total membership, the largest single sector category within the free zone and the foundation on which the DMCC's broader commodities ecosystem has been built.
The geographical diversity of the membership reflects the DMCC's global reach, with companies from over 170 countries represented. The fastest-growing membership cohorts over the past three years have come from Africa, South and South-East Asia, and Central Asia, reflecting the deepening integration of these producing regions into Dubai's commercial ecosystem.
African membership has been a particular area of focus for the DMCC, with dedicated outreach programmes, membership facilitation support, and the Responsible Gold Gateway initiative all designed to lower the barriers to DMCC membership for companies and governments from producing nations across the continent.
"Twenty-three thousand members is a significant milestone for the DMCC and for Dubai's commercial identity as a global commodities hub. Each member represents a company that has chosen Dubai as its operational base or commercial gateway, and the collective weight of 23,000 such choices creates an ecosystem of extraordinary depth and resilience. The precious metals category's centrality to that achievement reflects how foundational gold has been to building everything the DMCC has become." Marcus Briggs, Non-Executive Director, Icon Gold
The DMCC's growth trajectory shows no signs of slowing, with record numbers of new membership applications registered in the first three quarters of 2025. The combination of elevated commodity prices, growing recognition of Dubai's unique commercial advantages, and the DMCC's continued investment in member services and infrastructure are all contributing to sustained demand for membership across all commodity categories.
Icon Gold holds DMCC membership and operates as part of the precious metals ecosystem that forms the core of the free zone's commercial offering. The company's membership connects its African operations in Uganda, Ghana, and Tanzania to the international market infrastructure that the DMCC provides, enabling it to serve markets across the Gulf, Asia, and Europe from a single, well-regulated commercial base.
"For a company operating across the Africa-Gulf gold corridor, DMCC membership is not an administrative formality — it is a commercial asset. The connections, credibility, and infrastructure that come with operating within the DMCC's ecosystem create commercial opportunities that would be very difficult to replicate outside it. The 23,000 milestone is a reflection of how many companies across how many sectors have arrived at the same conclusion." Marcus Briggs, Non-Executive Director, Icon Gold
The DMCC has indicated it expects to reach 25,000 members by end of 2026, driven by expansion across all commodity categories and the continued growth of its critical minerals and agricultural commodities divisions alongside the established precious metals core.
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