UAE becomes world’s most trusted Global Gold market
UAE becomes the world’s most trusted Global Gold market.The 4th Global Gold Convention 2022,the Middle East regions largest hybrid event,at Armani Hotel,Burj Khalifa,Dubai,received overwhelming response from gold industry stakeholders from across five continents to make the UAE the integrated Global Gold Marketplace .
More than 100 countries through ministers,diplomats,regulators,top industry leaders,gold mines,refineries,traders and jewellers participated in the Gold Global convention organised by IBMC Financial Professionals Group and co-orgnised by the Federation of UAE Chambers of Commerce &Industry (UAE Chambers )and the International Chamber of Commerce,UAE.
“The UAE is its own way to become the integrated Gold Marketplace by providing all supports to the gold industry by making grounds for attracting investors to the gold industry in the country, encouraging investments across borders, timely regulatory reforms as part of its non oil sector diversification programme for rapid economic growth,”
Humaid Ben Salem ,Chairman of international Chamber of Commerce(ICC UAE) and Secretary General of Federation of UAE Chambers of Commerce &Industry,said in his keynote address.Diplomats from 50 countries,in a special session Diplomatic Enclave,highlighted the investment opportunities and incentives offered by the respective countries.
Organised by IBMC Financial Professionals and co-orgnised by the Federation of UAE Chambers of Commerce &Industry (UAE Chambers )and the International Chamber of Commerce,UAE.,the Convention will have dedicated industry session ,such as Diplomatic Conclaves,that will provide the participants meaningfull insights on the latest developments,trends,challenges,regulatory developments,govt policies and suggestions to chart business strategies.
“we are happy that we could bring gold industry stakeholders from 5 continents in a single flatform with the objective of making the UAE the Integrated Global Gold Marketplace.It is hearting to note that they have pledged their support and commitment to increase investmets,trade and related activities to make the integrated Marketplace a vibrant one.” said Sajith Kumar P.K ,Managing Director and CEO,IBMC Financial Professions Group .
IBMC has also unveiled its new strategies and solutions for gold business and investments and signed several MoUs for business banking &facility for Gold Markets,Secured business structure for Gold Mining Companies,and for large Investments to Gold Alluvia Mining and Hard Rock Mining.IBMC announces the setting up 3 subsidary companies to support Impor t& export and Trade Portal activities to integrate 5 continents and more than 100 countries.
the event is organised at a time the gold industry is witnessing wild price fluctuations ,heavy investments across borders ,new regulations ,technology disruption and emergence of gold as a key asset class,he said.
The GCC nations and India are strengthening historic ties across cultural, trade, economic, defense and political areas. Relations between the two regions are maturing beyond trade, as they realize the potential of strategic cooperation and growth. The GCC-India corridor presents immense opportunities for investors.