Dubai, June 22nd, 2017
Emerald Group announces its establishment at the Dubai Multi Commodity Centre (DMCC) Authority. In views of refining its statutory position, streamlining its processes and improving its organisation for sustainable growth, the Emerald Group of companies has now registered its global holding company with the most thriving and rewarded authority of the United Arab Emirates, the DMCC Authority.
The Emerald Group chose the DMCC Authority for its offering of an effective compliance framework, which ensures that the company operates in line with local and international laws, regulations and best practice, including the combat against money laundering and the financing of terrorism. This further ensures that the group of companies remain transparent and trusted partners and employers. The Emerald Group has shared all these values since its inception, and has now found a strategic platform to implement them throughout its organisation.
About DMCC Authority
The DMCC Authority was established in 2002 as a strategic initiative of the government of Dubai with a mandate to provide the physical, financial and market infrastructure required to establish Dubai as a hub for global commodities trade. The prime objective was to develop and offer a legal and statutory environment that competes with the best Free Zones in the world. Strong in its efforts, the DMCC Authority has been named ‘Global Free Zone of the Year’ 2016 by The Financial Times fDi Magazine for the second year running. The FT magazine’s annual global survey, considered the most prestigious free zone ranking in the world, is based on criteria such as outstanding performance year on year, growth and expansion plans, strong customer offering and presence of high growth industries. Today, it hosts more than 12,700 companies, some of them being the well-known Alcatel Lucent Middle East and North Africa, American Express, Carrera Y Carrera, Colgate-Palmolive, Dyson, Duracell, Eurofin, John West Foods, Lukoil, LVMH, Nutricia Danone, Oddfjell, Rio Tinto – Dimexon and TAG Worldwide.
For more information, visit https://www.dmcc.ae
About Emerald Group
The Emerald Group, a diversified global investment company, was founded in 2009 with headquarters in Dubai, UAE. The Group’s ambition is to become, in the medium term, a reference in Africa, and in the context of emerging markets, according to the most demanding international standards of transparency and sustainability in the conduct of its business. Further information at www.emeraldgroup-inc.com.
Contact information for Emerald:
Emerald Group – Investors Relations
Tower 1, Emaar Boulevard Plaza, Suite 1501,
Mohammed Bin Rashid Boulevard
Downtown PO Box 24172
Dubai, United Arab Emirates
Phone: +971 4 452 7272
Fax: +971 4 452 7171