UAE to become integrated global gold marketplace

DUBAI: 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 coorganised 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 atracting 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.

The event provided the participants meaningful insights on the latest developments, trends, challenges, regulatory developments, government policies and suggestions to chart business strategies.