Emirates Gold

Last updated

Emirates Gold
Founded1992
FounderMohamed Sharkachi
Headquarters,
ProductsBullion, Investment Bars, Customized Coins
RevenueIncrease2.svg NA (2016–17)
Increase2.svg NA (2016–17)
Increase2.svg NA (2016-17)
Total assets Increase2.svg NA (2016–17)
Website emiratesgold.ae

Emirates Gold is a precious metal refinery, bullion manufacturer, and mint based in Dubai, United Arab Emirates. Working primarily with gold and silver, the company produces its own bullion (such as 995 and 999.9 purity kilobars) which is recognized internationally, as well as other products such as investment bars and customized coins and medals.

Founded in 1992, it is one of the largest refineries in the Middle East. [1] In 2017 at the Dubai Shopping Festival, Emirates Gold created the world's largest display of gold with 250 kilograms (550 lb) of gold bars. [2] [3]

Following the death of its founder, Emirates Gold was sold in early 2022. Further, in September 2024, Emirates Gold was acquired by Bright East Holding 1, a licensed entity within the Abu Dhabi Global Market (ADGM).

References

  1. al Sayegh, Hadeel. "Mohamed Shakarchi: Man with the golden touch". The National . Retrieved 28 May 2017.
  2. "DSF sets record with 'world's largest gold bar display'". Trade Arabia . 28 January 2017. Retrieved 3 June 2017.
  3. "DSF showcases shopping bag featuring 250kg of gold". Emirates 24/7 . 19 January 2017. Retrieved 2 June 2017.