First UAE Africa Gold Convention
DGCX
and IBMC announces
Africa Gold
Convention on 8 January
Dubai
Gold and Commodities Exchange (DGCX) and IBMC Financial Professionals Group
(IBMC) announce that they will jointly hold the first UAE Africa Gold Convention
on 8 January 2019. The one-day event will bring together a wide range of
industry participants at the Dubai, including importers and exporters,
refiners, miners, vault operators, exchanges and regulators, with the aim of
connecting the business communities between the United Arab Emirates and
Africa.
His
Excellency Sheikh Khalid Bin Ahmed Al Hamed, Chairman of IBMC, UAE; Les Male,
CEO, DGCX; and Sajith Kumar P K, CEO & Managing Director, IBMC Global
Network, officially announced the event at a signing ceremony in Al Bateen
Palace Majilis, Abu Dhabi. It was revealed that the convention will cover all
major gold-related activities including imports, transportation, refining,
storage, retail, and trading. Post-event activities will also take place to
help African entities establish their businesses in the UAE.
His
Excellency Sheikh Khalid Bin Ahmed Al Hamed, Chairman of IBMC, UAE, said: “The
UAE and Africa have enjoyed a healthy business relationship for decades, so we
are delighted to further strengthen these ties with the launch of UAE Africa
Gold Convention 2019. The gold industry presents many trade and investment
opportunities, and this inaugural event will support its growth by bringing
industry players together to explore partnerships and facilitate cooperation
between businesses and investors on both sides."
Les
Male, CEO of DGCX, commented: “The UAE Africa Gold Convention 2019 will
showcase the entire gamut of gold trade and business activities across the UAE
and wider region, with a particular focus on how the industry is being
diversified. With expected industry-wide participation, the convention will act
as a catalyst to trigger discussion on potential joint venture opportunities,
and promote the UAE as a corridor to other markets and an attractive business
hub for companies across the African continent.”
Sajith
Kumar P K, CEO & Managing Director, IBMC Global Network, said: “Considering
the major growth-oriented projects in the UAE and Africa, including Expo 2020,
the UAE Africa Gold Convention comes at an excellent time, and will be highly
supportive of the global business community targeting opportunities within the
gold industry.”
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