As part of DMCC’s ongoing commitment to provide physical and market infrastructure to participants operating in the gold and precious metals sector, the DMCC vault offers market participants safe and secure vaulting facilities.
Dubai is conveniently situated on the world map to connect the growing gold and precious metal trade flows to and from the Indian subcontinent, South East Asia, Europe and Africa. Within Dubai city limits, the DMCC vault benefits from the facility’s close proximity to Dubai International Airport, the Deira Gold Souk and Jebel Ali Port. The vault is also close to major road networks; Emirates Road to Sharjah and Ajman, and Sheikh Zayed Road to Jebel Ali and Abu Dhabi.
The DMCC vault represents a key cog in Dubai’s logistics infrastructure as valuables kept here can be efficiently redistributed to major hubs globally.
We have appointed Brink’s Global Services, a market leader with over 150 years of operational experience in risk management and secure logistics, to manage the complete day-to-day operations of the vault. The vault began operating in April 2009 and is adjudicated to be the largest non-sovereign vault in the Middle East. It has been designed to store large volumes of bullion as well as other valuables such as jewellery, watches and art. BGS is the world’s leading provider of secure logistics. Operating since 1859, and with over 150 years of experience, the company operates in 116 countries employing approximately 50,000 employees using a fleet of 9,000 vehicles.