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trade and enterprise – A new series of gold and silver coin prototypes have been launched to celebrate the UAE’s achievements over the past 50 years. These coins will be available for purchase after Ramadan.
Announced at the Dubai Precious Metals Conference (DPMC) 2022, the coins are the result of a partnership with the Czech Mint, the official coin supplier to the Central Bank of the Czech Republic. The agreement was signed by Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, and Mr. Michal Drtina, CEO and Chairman of the Board of the Czech Mint.
The new prototype gold coin representing the success of the UAE features a range of designs including an image of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, the Vice President and Ruler of Abu Dhabi, Sheikh The image of His Highness Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE and Ruler of Dubai, and the Louvre Abu Dhabi reflect the UAE’s status as a major global cultural destination.
The unveiling marks the DMCC’s role in supporting the global gold and precious metals trading landscape, which will continue to strengthen throughout the year, culminating in DMCC’s annual Dubai Precious Metals Conference later this year. As one of the must-miss events for the global precious metals industry, DPMC seeks to seize the opportunities and address the challenges facing the industry.
The DMCC will seek to partner with the Czech Mint to strike early versions of its popular gold coins.
Throughout 2022, DMCC intensifies its promotion of the wider gold ecosystem: DMCC’s Dubai Gold and Commodities Exchange (DGCX) has signed a memorandum of understanding with FinMet to provide bullion traders with the facility to trade in new ways raising short-term capital to expand DGCX’s gold product offering and market participation in gold contracts; DMCC signed agreements with Comtech Gold and SafeGold to offer digital assets backed by physical gold to actively disrupt the $20 billion gold industry in the Middle East; and, in addition to supporting the second Alongside the 1st Jewelery Gems & Technology (JGT) Dubai B2B trade show, DMCC also hosted a series of high-level delegations from major gold markets, including the Royal Mint and several African countries, all focused on advancing global trade in precious metals.
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