The Dubai Gold and Commodities Exchange (DGCX) has officially joined the Business Development Committee of the Arab Federation of Capital Markets (AFCM), reinforcing its growing leadership in regional financial market development.
The move recognises DGCX’s proven capabilities in regulatory oversight, risk management, and derivatives product innovation, strengthening its role in shaping best practices across Arab capital markets.
Strategic Role in Enhancing Market Collaboration
The AFCM, founded in 1978, serves as the central body uniting Arab stock exchanges. Through its Business Development Committee, it promotes integration, harmonisation, and growth within regional financial systems.
As a committee member, DGCX will help drive a range of key initiatives, including:
- Coordinating regulatory frameworks and operational standards across exchanges
- Proposing legislative and policy reforms to enhance regional market activity
- Developing strategies to boost trading volumes and liquidity
- Supporting the business development of brokerage firms and exchanges
- Encouraging knowledge-sharing among Arab exchanges and engaging global experts to support long-term development
Leadership and Regional Commitment
Commenting on the appointment, Ahmed bin Sulayem, Chairman and CEO of DGCX, stated:
“As the largest and most diversified derivatives exchange in the Middle East, DGCX brings deep expertise in market innovation, risk management, and regulatory alignment. This recognition not only reinforces our commitment to advancing capital markets across the Arab world but also strengthens Dubai’s position as a leading global centre for commodities and financial services.”
DGCX, an existing member of the AFCM’s Audit & Governance Committee, is also participating in the AFCM annual conference in Tunisia. This latest appointment further affirms DGCX’s active role in enhancing regional market structures, expanding its derivatives product offerings, and fostering cross-border collaboration among Arab exchanges.
