World’s largest hybrid gold meet at the Armani Hotel, Burj Khalifa attracts 100 plus countries participation.

IBMC International showcased its unique “Industries Integrated International Trade Flow System” for Global Gold Industry Projects and Trades.

DUBAI:

The UAE has emerged as the global hub for sustainable gold and bullion markets, with the 5th Global Gold Convention bringing the global gold industry on a single platform for collaborations, investments, joint ventures, and a novel integrated trade flow system with global best practices.

The 5th edition of the Global Gold Convention 2023, the world’s largest hybrid gold conference, was held in Dubai at Armani Hotel, Burj Khalifa, on December 12, 2023, with the theme “UAE, The Global Hub for Sustainable Gold and Bullion Markets’.

The UNDRR (UN Office for Disaster Risk Reduction) was the Sustainability Partner for the convention.

The Convention, designed as the world’s largest hybrid conference, saw participation by more than 100 countries, ministers, diplomats, regulators, industry leaders, mines, refineries, jewellers, traders, import-export companies, banking, insurance, and logistics companies from across the world, paving the way for collaboration, business promotion, expansion, and diversification.

More than 200 trade delegates and visitors participated physically apart from virtual participation from 100+ countries, in the most sought-after exclusive Global Gold Conference from the region.

Global Gold Convention was organised by IBMC International, UAE-based Economic, Industry & Corporate Advisors and eMarketplace Service Providers which is connected with 100+ countries and integrated with 30+ Sectors.

The event was inaugurated by HE Humaid Ben Salem, Chairman of International Chamber of Commerce & Industry (ICC UAE) and Secretary General, Federation of UAE Chambers of Commerce & Industry (UAE Chambers).

The Convention was held against the backdrop of high volatility in global gold prices and the UAE becoming the most attractive and most preferred global gold trade hub.

The theme Sustainability has been chosen in line with the UAE hosting the COP28 Conference on Sustainability,” said Mr. Sajith Kumar P.K., Group CEO and Managing Director, IBMC International Group.

In his address, Mr. Sajith Kumar said the “UAE is emerging as the Global Hub for Sustainable Gold and Bullion Markets and IBMC’s “Industries Integrated International Trade Flow System” is set to support the entire Gold Industry stake holders from Gold Mining, Exports, Imports, Refineries, Gold Retail Markets, Jewellery Manufacturing Units and Re-exports”.

Mr. Jeffrey Rhodes, industry expert and Founder & Managing Consultants, Rhodes Precious Metals Consultancy DMCC, who delivered the special industry address on Cop28UAE, said : “The Global Gold Convention 2023 was an excellent event that gave participants the opportunity to express a wide range of views and opinions about the bullion market, including the impact of COP28 on the global gold industry. This included the efforts being made by many companies, including Gold Clean Processing Initiatives to turn the ecological tide and help push the artisanal and small scale gold sector in the right carbon neutral direction with new technology to eliminate the use of toxic chemicals such as mercury in the gold recovery process, while dramatically improving gold yields.”

The Convention offered the participants a comprehensive platform to showcase the entire gamut of gold trade and business and explore potential investment and partnership opportunities through networking, interactive sessions and industry-focused panel discussions.

The high-profile Diplomatic Conclave proved a major draw and beneficial to the participants, with the diplomats presenting the opportunities in the mining, refining, trading, and jewellery manufacturing sectors in their respective countries.

Mr. Anoop P. S., Group CBO and ED, delivered the welcome speech. Mr. Venu V. K., Director, IBMC Trade Flow Ventures, and Ms. Monika Agarwal, Partner of IBMC International, were also present at the convention.

The highlight of this year’s Convention was the recently launched, and first of its kind from the UAE, Industries Integrated International Trade Flow System (IBMC Trade-Flow System) by IBMC International which extended its corporate listing due diligence to all the participating companies in the Convention. Each participant company qualified for corporate listing to get international reach as the first step of due diligence activities out of the five steps in the IBMC Trade-Flow System.  Corporate Listing will help each company attract investment partners, technology partners, and trade partners for expanding their projects and trades to 100+ countries that are connected to the IBMC Trade-Flow System.

UAE-based IBMC International Group is a leading Economic, Industry & Corporate Advisory and eMarketplace Service Provider (IBMC Trade-Flow System) which is connected to 100+ countries and integrated with 30+ sectors. It is an internationally recognized private institution pioneering in professional areas of industry innovations, business, and joint venture strategies.

IBMC International is the recipient of the region’s highest recognitions, such as the Sheikh Khalifa Excellence Award (SKEA) in the Professional Sector, instituted by the Abu Dhabi Chamber of Commerce & Industry, the Corporate Social Responsibility (CSR) Label Award from the Dubai Chamber of Commerce and Industry, and a United Nations (UN)-shortlisted company for Sustainable Development Goals.

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Meet to see participation from more than 100 countries

Dubai:       

The fifth edition of the Global Gold Convention 2023, the world’s largest hybrid gold conference, will be held in Dubai at Armani Hotel, Burj Khalifa, on December 12, 2023 with the theme “UAE, The Global Hub for Sustainable Gold and Bullion Markets’.

This year’s Convention has been designed as the world’s largest hybrid conference for participation by more than 100 countries, ministers, diplomats, regulators, industry leaders, mines, refineries, jewellers, traders, import-export companies, banking, insurance and logistics companies from across the world, paving the way for future collaborations, business promotion, expansion and diversification, according to a press release.

More than 200 trade delegates and visitors from countries are expected to participate in the most sought-after gold conference in the region.

Global Gold Convention is organised by IBMC International, the UAE-based financial services consultancy and eMarket Place Trade Flow Service Providers, and co-organised by the International Chamber of Commerce & Industry UAE (ICC-UAE) and the Federation of UAE Chambers of Commerce & Industry (UAE Chambers).

“The Gold Convention is held in the backdrop of the global gold industry witnessing unprecedented volatility and UAE becoming the most attractive Gold Hub for all gold industry stakeholders. The theme, Sustainability, has been chosen in line with the UAE hosting the COP28 Conference on Sustainability,” said Mr. Sajith Kumar PK, Group CEO and Managing Director, IBMC International.  The United Nations Office for Disaster Risk Reduction (UNDRR) is the sustainability partner of the event.

The event will be inaugurated by HE Humaid Ben Salem, Chairman of International Chamber of Commerce & Industry (ICC UAE) and Secretary General, Federation of UAE Chambers of Commerce & Industry (UAE Chambers).

HE AHMED ELMETWALLY MOHAMMED, CEO & General Manager, Office of HH SHEIKH MOHAMED BIN AHMED BIN HAMDAN AL NAHYAN, Abu Dhabi will deliver the special address from UAE.

Mr. Jeffrey Rhodes, industry expert and Founder & Managing Consultants, Rhodes Precious Metals Consultancy DMCC, will deliver the special industry address on Cop28UAE and the major impact on the global gold industry.

The Convention offers the participants a comprehensive platform to showcase the entire gamut of gold trade and business activities and explore potential investment and partnership opportunities through networking, interactive sessions, industry-focused panel discussions and a unique Diplomatic Conclave where ministers, ambassadors, industry leaders and experts will discuss investment opportunities and industry trends.

A highlight of this year’s Convention is the introduction of IBMC’s Industries Integrated International Trade Flow System tailored exclusively for the participating companies. Each participating companies will  qualify for Corporate Listing to get international reach as the first step of due diligence activities.

Corporate Listing will help each companies to attract Investment Partners, Technology Partners and Trade Partners for expanding their projects and trades internationally.

UAE-based IBMC International Group is the Economic, Industry & Corporate Advisors and eMarketplace Service Providers which is connected with 100+ countries and integrated with 30+ Sectors. IBMC International is an internationally recognized private institution pioneers in their professional areas of Industry Innovations, Business and Joint-Venture Strategies.   IBMC International is the recipient of Region’s highest recognitions such as Sheikh Khalifa Excellence Award (SKEA) in Professional Sector from Abu Dhabi Chamber of Commerce and Industry, Corporate Social Responsibility (CSR) Label Award from Dubai Chamber of Commerce and Industry and United Nations (UN) shortlisted company for Sustainable Development Goals.

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Seeking to further enhance the of Ease of Doing Business in Kerala, Chief Minister Pinarayi Vijayan on September 29 launched a dedicated Toll Free Call service, Investment Facilitation Centre and the updated version of the single-window clearance portal to make the investment processes fast, efficient, effective and transparent.

The Chief Minister, through video conference, also unveiled the e-News Letter, Investor Konnect, of the Department of Industries and Commerce, strengthening the communication channel with leaders of industry and related fields.

These projects, launched as part of Invest Kerala 2020 campaign, come in tandem with a series of efforts by the Government that had simplified, rationalized and fast-tracked investment rules and procedures in the last four years. The launch of the new projects fulfills the commitment made by the Chief Minister before leading industrialists at the Global Investors Meet ASCEND 2020, held in Kochi in January this year.

“The interventions and initiatives of the State Government in the last four years have transformed Kerala into an ideal investment destination. Investors themselves have acknowledged this and the efforts of the government have yielded concrete results,” the Chief Minister said on the occasion.

“Unfortunately, Kerala had for quite some time suffered from an impression that it was not an investor-friendly state, though that was not entirely based on the objective situation. But that has changed. Now the investors enjoy total confidence in Kerala,” the Chief Minister said.

Noting that no industrialist in the state would now complain of disruptions by workers, the Chief Minister said whatever unhealthy practices that existed in isolated pockets had been resolved by taking the Trade Unions into confidence. If such tendencies lurk their head again, the authorities should take stern action, he added.

Asserting that Kerala offered the best investment ambience and opportunities in a wide range of sectors, Industries Minister E P Jayarajan, who presided over the function, said manufacturing of health and medicinal products and devices was an area that would offer great scope in the post-pandemic period.

Noting that the recent Ease of Doing Business ranking of states by the Department for Promotion of Industry and Internal Trade (DPIIT) recently was not based on a scientific assessment, Mr. Jayarajan said the state government had written to the Centre about this.

Dr K Ellangovan IAS, Principal Secretary (Industries), said the services being launched would make the investment process in the state more expeditious and hassle-free.

The Toll Free number–1800 890 1030—set up by the Department of Industries will provide all information on investment related queries. Linked to a Call Centre hired for the purpose, the facility will also provide handholding support and act as a channel for investor community to access information.

The Service of the Call Centre, to be provided in Malayalam and English, will be available from 8am to 8pm on all working days. The Call Centre will record the called contact details and the query, in the Customer Relationship Management (CRM) software and the status of the queries resolved/ unresolved/ forwarded to line departments will be captured. The Call Centre will share the daily, weekly and monthly report to the Kerala State Industrial Development Corporation (KSIDC).

The dedicated Investment Facilitation Centre set up in KSIDC will receive, track and resolve all investment related issues. A one-point centre for all investment related matters, it will serve as the back office for the Single-Window Board and the proposed Investment Bureau. It will be managed by a mix of KSIDC staff and experts outsourced.

The upgraded version of Kerala Single Window Interface for Fast and Transparent Clearance portal (KSWIFT 2.0) will considerably reduce the strain of physical interaction by entrepreneurs for securing licenses and clearances.

Launched in 2019, K-SWIFT had on-board 16 departments and agencies in the system for issuing as many as 33 licenses, clearance and permits. Since entrepreneurs have been demanding that even the renewal of licenses be made available in the K-SWIFT platform, KSIDC and NIC had worked together and revised the system to include renewal of licenses in 16 Departments. This will allow existing industrial units to register in the portal and get the renewals for the licenses and permits issued through the corresponding line departments.

The newsletter series Investor Konnect aims at strengthening the communication with leaders in various fields, investors, foreign consulates and embassies, trade bodies and other key stakeholders. It will provide the updates on events, changes in policies, new schemes, reforms and all other relevant information.
It will carry forewords from the Chief Minister, Industries Minister, details about Invest Kerala digital platforms, recent events, investor success stories, achievements of the Department, know your rules, message from MD’s desk.

Investor Konnect will be mailed to more than 2,000 select entrepreneurs in the State and outside, and made available on the Official websites of KSIDC, KINFRA and Department of Industries and Commerce.

APM Mohammed Hanish IAS (Secretary Industries), M G Rajamanickam IAS (MD, KSIDC), V R Premkumar IAS (Director, DIC), Santhosh Koshi Thomas, MD, KINFRA, and Suraj S, CEO KBIP, were present. Representatives of industry and trade bodies CII, FICCI and KSSIA also attended the online meet.

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The second edition of ‘Big Demo Day’, organised by Kerala Startup Mission (KSUM) in association with industry bodies, will be focusing on startups providing financial, education and enterprise technologies, stressing their increased relevance in the unfolding scenario.

Through the event, to be held from August 24 to 28, KSUM is offering a platform for industry to tap on products and services from the startup ecosystem at affordable costs.

‘Big Demo Day’ aims at presenting a wide range of ideas and technologies developed by startups beforeMicro Small and Medium Enterprises (MSMEs) as well as corporate to help them leverage these products to strengthen businesses.
Startups with good scalable products and services beneficial for industries and corporate can apply for the programme, which has the backing of IT entrepreneurs’ organisation G-Tech and various Indian corporate firms.

For registration, visit: www.bit.ly/ksumbdd2. The last date of application is August 1.

More than 100 startups participated in the inaugural edition of the programme, which had more than 2,000 visitors. Besides, 300-plus live interactions were held.
Startups with KSUM Unique ID and Startup India DPIIT certificate will be considered. Products and services which are readily available and deployable will only be considered for the ‘Big Demo Day’. The shortlisting will be based on the industry demand for the submitted product.

In the post-Covid scenario, technology and digitisation will be indispensable to the business world. ‘Big Demo Day’, an event being held in every two months, aims at making technologies available for industrialists in an affordable and reasonable manner, thereby creating better businesses for startups.

The potential business tie-ups will be facilitated through KSUM’sCross Sell digital business platform,a virtual marketplace for startups to showcase their products to industry.

The platform, www.business.startupmission.in, facilitates enrolling of both startups and industry. Startups can display brochures of their products on the platform, and if they are in tune with the requirement of industry, the industrialists can interact with them in a win-win situation for all stakeholders.

In the post-corona times, such a platform will have enormous significance as businesses and industry will be critically dependent on technology and digitalisation.

Besides, the industry can post their requirements on the Cross Sell business platform while startups will come forward with suitable solutions. The platform also offers an opportunity for investors and stakeholders to interact and forge partnerships with startups to scale up their businesses.

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Sisters and Brothers,

Ever since I tested positive for #COVID19, I have received numerous messages wishing me speedy recovery.

I am forever indebted to Your concern & affection towards me.

With the blessings of Guru Dattatreya & Your wishes, I will recover very soon. Thank You

— C T Ravi ?? ಸಿ ಟಿ ರವಿ (@CTRavi_BJP) July 13, 2020

In late June, Karnataka Medical Education Minister K Sudhakar’s wife and daughter tested positive for COVID-19, a day after his father was confirmed to have been infected with the virus.
In April, the minister was quarantined along with three other ministers for coming in contact with a journalist who was coronavirus positive.
Earlier, Maharashtra’s Social Justice Minister Dhananjay Munde had tested positive for coronavirus . He is the third minister in the Uddhav Thackeray-led government to have been infected. Public Works Department Minister Ashok Chavan and Housing Minister Jitendra Awhad were infected but recovered later.

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