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DMCC to host precious metals summit.

(Date: Monday, April 02, 2012 )

The Dubai Multi Commodities Centre (DMCC) will host a conference on precious metals in Dubai, to discuss trends and latest developments in the global precious metals market.

The inaugural Dubai Precious Metals Conference (DPMC), organised in association with Foretell Business Solutions, one of India's leading commodities research firms, will be held on the April 29 and 30 at the Almas Tower in the Jumeirah Lakes Towers Free Zone.

The event will bring together key participants from the international precious metals sector to examine issues ranging from marketing to trade, finance to technology.

The programme will address challenges and growth opportunities of the sector and include discussions on how Dubai and the UAE can stay ahead of the curve with regards to trade infrastructure and innovation, thus ensuring its role as the region's major trading centre for precious metals.

Ahmed bin Sulayem, executive chairman, DMCC, said: "DMCC's inaugural Dubai Precious Metals Conference is another example of our ongoing commitment to enhancing commodities trade through Dubai and the UAE."

"Over the last decade, DMCC has successfully supported the commodities trade by providing an ideal physical infrastructure, a fit-for-purpose regulatory framework as well as innovative products and value-added services, which has made the JLT Free Zone the premier destination for multinationals and major regional industry players from a range of commodity sectors and beyond."

"Through initiatives like this new addition to the global precious metals calendar, we are looking to promote the growth of the industry and ensure the continued positioning of Dubai as one of the world's leading precious metals centres," he added.

Senior-level speakers will provide attendees with insights from their respective roles in the precious metals value chain ranging from bullion operations to trading, procurement services, financing and more.

"This is a significant time for the precious metals industry, which has witnessed considerable movement in recent months due to unprecedented developments in the global economy," said Gerhard Schubert, head of Precious Metals, Emirates NBD, and co-presenting sponsor of DPMC.

"It is essential that all stakeholders come together to discuss trends and lay down new strategies for the sustained growth of the precious metals industry. Emirates NBD is honoured to support the Dubai Precious Metals Conference, which is an ideal forum bringing together industry players, analysts, investment experts, retail merchants and economists, and we look forward to participating in the informative discussions at the event."

G Srivatsava, president Foretell Business Solutions, said: "The Middle East region is a $1 trillion economy, growing at a rate of over 5 per cent per annum. Dubai seamlessly connects the West and the East and is obviously the natural choice for the region's first conference on Precious Metals."

To date the Dubai Precious Metals Conference has close to 200 registered delegates from across the precious metals value chain, including miners, refineries, trading companies, banks and logistics companies. -- TradeArabia News Service

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Publication:TradeArabia (Manama, Bahrain)
Geographic Code:7UNIT
Date:Apr 2, 2012
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