First Bullion Coin of the Arabic World

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September 1, 2011 – The government-owned Dubai Multi Commodities Centre has launched the proto-type of the first Bullion coin of the United Arab Emirates. It features on the obverse the portrait of Sheikh Khalifa Bin Zayed, president of the United Arab Emirates. The reverse is dedicated to Burj Khalifa the highest tower of the world.

The prototype of the first bullion coin of the Arabic world.

It is clear, what is intended. The United Arab Emirates want to create an own bullion coin for Arab investors: “This innovative gold bullion coin was conceived to satisfy the demands from investors seeking access to gold as protection against the ongoing global economic uncertainty,” said Ahmad Bin Sulayem, Executive Chairman of DMCC. “The gold bullion coin pays homage to our President, His Highness Sheikh Khalifa Bin Zayed Al Nahyan, his vision, guidance and leadership.” Furthermore he said: “Our past two series of souvenir gold coins have been a huge success and we foresee that a gold bullion coin will attract great interest, especially as gold remains seen as one of the safest investment vehicles globally.”

If you want to visit the picture tour on the unveiling of the prototype, click here.