Al Ghurair Giga Gold Refinery was established in 2003 as a joint venture between the Al Ghurair Group and the Giga Group. The refinery was setup at an approximate cost of USD 30 million and is located at the Dubai Multi Commodities Centre (DMCC). Al Ghurair Giga Gold Refinery is the first gold refinery to start its operation in DMCC and attained ISO 9001:2000 and ISO 14001 certification in September 2004. The annual production capacity is 100 metric tons. The refined gold output is in the form of gold bars of 10 Tola 999, 100 Grams 999, 1 Kg 995 and 1 Kg 9999.