DMCC, the global gateway for commodity trade and enterprise in Dubai and the region, has announced that Ajman Bank is to distribute the DMCC UAE Gold Bullion Coins renowned for their appeal among both investors and collectors.
Ajman Bank is the first in the Northern Emirates to distribute the UAE Gold Bullion coins, which will be available at the Ajman Bank Head Office and it’s branches.
Ahmed Bin Sulayem, Executive Chairman, DMCC, said:
“The UAE Gold Bullion Coins have proved to be a popular investment and collector’s item. Gold is such an important global commodity and its trade is embedded in Middle Eastern and Asian cultures in particular.
These coins were designed to stand as national emblems in honour of our leaders His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi and His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai.
“It has been through their visionary leadership that Abu Dhabi, Dubai and the UAE trade has flourished and we are pleased to collaborate with Ajman Bank to celebrate this growth and to make the coins more accessible for investors and collectors alike.”
Mohamed Abdul Rahman Amiri, CEO of Ajman Bank, added: “We have seen an increase in demand for investment grade gold products, such as bars and coins, from our wealth management and private banking clients. Our objective is to offer greater value to our customers by delivering products and services tailored to their needs. Our alliance with DMCC is a true reflection of our commitment towards providing valuable offerings to our customers in the UAE in which they can expect many more exciting initiatives and products from Ajman Bank in the near future.”
The UAE Gold Bullion Coins were designed to celebrate the accomplishments and vision of the UAE’s leaders. The first edition of the UAE Bullion Gold Coins designs features a portrait of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, on one side; and the Burj Khalifa, the world’s tallest tower on the reverse side. The second edition features His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai; and a rendering of Palm Jumeirah, the world’s largest man-made island.
The UAE Gold Bullion Coins are available in four denominations weighing 1 oz, ½ oz, ¼ oz and 1/10 oz. The 99.99 gold purity (24 karat) coins carry the Argor-Heraeus stamp of quality and authenticity. Argor-Heraeus, the DMCC appointed mint and producer of the UAE Gold Bullion Coins, is a Swiss-based refinery.
Other distributors of the UAE Gold Bullion Coins include Pure Gold, Dubai Duty Free, Noor Bank, House of Commodities, Mahalatti Jewellers, Popley Jewellers, Siroya Jewellers and Emporium Hamburg.
Saturday, July 26- 2014 @ 11:48 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.