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First UAE gold coin distributor announced

DUBAI — The Dubai Multi Commodities Centre, or DMCC, has announced that Emporium Hamburg Coin Trading Company, a part of the Emporium Group, is now the first global distributor of the UAE Gold Bullion Coins.

The coins were launched by the DMCC in April 2012 and celebrate the UAE’s achievements as a major gold trading hub. The coins were recently showcased by Emporium Hamburg Coin Trading Company at the World Money Fair in Berlin and will be on display at the upcoming annual Dubai Precious Metals Conference on April 6 and 7.

“Emporium Hamburg Coin Trading Co has supported those involved in the coins value chain for over four decades and brings to the industry a wealth of knowledge and expertise. We are pleased to welcome them as the first global distributors of the coins, for which DMCC has already received significant interest from international coin collectors and investors across the globe,” DMCC chief operating officer Gautam Sashittal said in a statement on Tuesday.

The first edition of the coins features a portrait of the President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, on one side and the Burj Khalifa, the world’s tallest tower, on the reverse.

The second edition features a portrait of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and a rendering of Palm Jumeirah, the world’s largest man-made island.

— business@khaleejtimes.com