structured finance optional client logo 0 month 204 december 05 recent developments in the middle east gold market colin griffith dubai metals & commodities centre 2 dmcc n created 2002 as a strategic initiative of government free zone authority offering many commercial benefits rating from s&p to date 640 members have been approved major initiatives include commodity receipt tea trading good delivery diamond exchange 3 sukuk islamic bank and standard appointed create financing arrangements closed may well over subscribed l us 200 million with 5 year tenor 6 monthly payments listed on dfm luxembourg stock exchanges provide investors exciting opportunity be repaid kilo bars loco pricing libor 60 proces dmc were rated stable by poors 4 geographical distribution asia 41 europe 15
