The Dubai Gold and Commodities Exchange (DGCX) has been officially accepted into the Business Development Committee of the Arab Federation of Capital Markets (AFCM). This appointment highlights DGCX’s expertise in regulatory oversight, risk management, and product innovation, further cementing its role as a key regional player in derivatives trading and financial market infrastructure.
Founded in 1978, the AFCM serves as the main body for Arab stock exchanges, working to promote cooperation and standardise best practices throughout the region.
By joining this committee, DGCX will play a vital role in shaping policies and strategies aimed at enhancing trading regulations, increasing liquidity, supporting legislative reforms, and fostering knowledge exchange among Arab exchanges.
Ahmed bin Sulayem, Chairman and CEO of DGCX, said, “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 is also a member of the AFCM’s Audit & Governance Committee and continues to actively contribute to the federation’s initiatives.