UAE to become the the world’s Integrated Global Gold Marketplace

• IBMC holds the region’s largest hybrid Global Gold Convention
• Gold Convention at Armani, Burj Khalifa attracts 100 countries from from 5 continents
• UAE Chambers of Commerce & Industry and International Chamber of Commerce join hands with IBMC to organise the Convention
• Ministers, diplomats, regulators, top industry leaders, gold mines, refineries, jewellers, traders, import export companies from across the world
• IBMC signs MoUs with Ghana, Saudi Arabia, UK and Papua New Guinea.

Dubai, November 22,2022

The 4th Global Gold Convention 2022, the Middle East region’s 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 global convention organised by IBMC Financial Professionals Group and co-organised by the Federation of UAE Chambers of Commerce & Industry (UAE Chambers) and the International Chamber of Commerce, UAE.

“The UAE is on its 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.

(Highlights from speech of Jeffrey Rhodes….. )

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-organised by the Federation of UAE Chambers of Commerce & Industry (UAE Chambers) and the International Chamber of Commerce, UAE, the Convention will have dedicated industry sessions, such as Diplomatic Conclaves, that will provide the participants meaningful insights on the latest developments, trends, challenges, regulatory developments, government policies and suggestions to chart business strategies.

“We are happy that we could bring gold industry stakeholders from five continents in a single platform with the objective of making the UAE the Integrated Global Gold Marketplace. It is heartening to note that they have pledged their support and commitment to increase investments, trade and related activities to make the Integrated Marketplace a vibrant one…”,” said Sajith Kumar PK, Managing Director and CEO, IBMC Financial Professions Group.

IBMC has also signed MoUs with Ghana, Saudi Arabia, UK and Papua New Guinea.

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 announced the setting up three subsidiary companies to support Import & Export and Trade Portal activities to Integrate 5 continents and more than 100 countries.

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The event is organised at a time when 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 Convention is structured to benefit all stakeholders of gold industry by providing an ideal platform to network and collaborate for making UAE the Integrated Global Gold Marketplace, he added.

Diplomatic Conclaves will be participated by Ambassadors and Consul Generals from several countries, who will highlight the trading and investment opportunities in their respective countries.

A special session on Gold Jewellery & Retail Business will discuss issues affecting the jewellery industry…

Ends

About IBMC International:

IBMC International is the recognized group in UAE in the areas of Corporate & Economic Consultancy, Advisory & Trade Flow System with the major recognitions from UAE including Sheikh Khalifa Excellence Award in professional sector, Corporate Social Responsibility (CSR) Label Award from Dubai Chamber.  IBMC is having strong presence and high level of credibility by implementing innovative and advanced solutions in the Corporate Business and eMarketplace Fintech area. IBMC connects different Continents through its specialized international events, Economic Forums and Industry Events to facilitate bilateral and multilateral business collaborations.