The Dubai Gold and Commodities Exchange (DGCX) has announced its acceptance into the Arab Federation of Capital Market’s (AFCM) Business Development Committee. The appointment reflects DGCX’s expertise in regulatory oversight, risk management and product innovation, reinforcing its position as a leading regional player in derivatives trading and financial market infrastructure.

The AFCM, established in 1978 as the principal body for Arab stock exchanges, plays a critical role in enhancing collaboration and standardising best practices across the region. As a committee member, DGCX will play an active role in shaping initiatives aimed at strengthening regional capital markets. These include coordinating trading rules, proposing legislative reforms, enhancing liquidity and trading volumes, developing brokerage and exchange business strategies, and promoting knowledge sharing among Arab exchanges.

Ahmed Bin Sulayem, Chairman and Chief Executive Officer of DGCX, commented: “DGCX’s appointment to the Business Development Committee of the Arab Federation of Capital Markets underscores our pivotal role in the region’s financial and commodities landscape. 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.”