With a country as many resources as Dubai has, it is only natural that an organization such as the DMCAA or Dubai Multi Commodities Center Authority will be supported by the government. The goal of DMCAA is to generate industry returns by enhancing available capital materials and providing infrastructure and support for key players in each industry. The vision of DMCC is to develop itself as a global standard of excellence for each commodity industry.
The different industry commodities are divided into gold & precious metals, diamonds, colored stones & precious pearls, energy, plastic & petrochemicals, tea, steel and base metals. Dubai has since been a significant layer in the global gold market and was even formerly known as the “City of Gold”. The DMCCA, seeing areas where this market can improve, has made a structure of refining, manufacturing and trading of gold and other precious metals by expanding the capabilities to do so in the Dubai area.
The AU Tower, with AU symbolizing Gold, will hold all ongoing business and production transactions with regards to this particular commodity. This structure has all the amenities needed in order to make Dubai more efficient in producing and transporting gold. Services include high tech, secure vaults, assaying facilities, settlement, package delivery, shipment facilities and a Jewelry and Gemplex to help manufacture the precious stones. The tower is 37 storeys tall and encompasses the commodity that it supports. With its gold shine, the AU Tower can appear pretty stunning. The gold-tinted glass is especially made to allow natural light to permeate the units without the blinding glare that most regular windows cannot shield the occupants from.
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