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2 #0183;#32;The Dubai Chamber has launched the 28th issue of its Commercial Directory 201819. The directory is published in hardcopy, CD format, Flipbook format and now also available in a new mobile app (in iOS and Android).The directory has comprehensive contact details of a large number of companies making it an invaluable tool for all businesses and consumers locally, regionally and
Jul 07, 2020#0183;#32;The process of reselling ASGM gold freely exported from redflagged sources to Dubai jewelers and refiners (via the emirates bustling souk) essentially launders illicit ASGM gold into a refined product that is acceptable to the worlds most reputable gold hubs.
United Arab Emirates Gold Refiners. With the growing importance of Dubai as a global center for precious metals trade, there has been a dramatic increase in both the number and the scale of UAE gold refineries. Following the creation of the Dubai Gold and Commodities Exchange (DGCX) and subsequent Dubai Good Delivery (DGD) Standard for bullion traded on the DGCX, growth in local gold refining
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At the time of writing Bullion Directory lists 42 Dubaibased precious metal bullion dealers, covering everything from international refiners and bullion mints to small independent trade outlets within one of Dubais gold souqs. The overwhelming bulk of Dubai gold purchases are OTC (Over The Counter) bought from a combination of smallscale retailers in the traditional gold souks to larger dealers based
Dubai Good Delivery accreditation shows strict adherence to best practices in the gold refining industry and shows UAE Gold Refineries to be of a similar standard to those subscribing to other international gold accreditation schemes such as that of the LBMA.
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Dubai is aptly referred to as the City of gold, as the city houses nearly 250 gold shops. Dubai has won the bid to host the most awaited Expo 2020, which will give an amazing boost to its economy, and is expected to create over 270,000 jobs.
#0183;#32;Eleven gold trading hubs including the United Arab Emirates have declared their support for an initiative by the world''s most influential bullion market authority to improve regulation on issues
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