The UAE announced the issuance of gold and silver coins last year, the reason for which has now come to light.
According to foreign media, the Dubai Multi Commodities Center has said in its ongoing statement yesterday that the announcement of the issuance of gold and silver coins at the Dubai Conference for Precious Minerals last year is now being issued and these coins Developed by the European company ‘Checkmant’.
The Dubai Multi Commodities Center has decided to issue gold and silver coins to highlight the UAE’s 50 years of achievements and these coins will be available in the market after Ramadan.
The designs of the new coins released by the Dubai Center include President Sheikh Mohammed bin Zayed Al Nahyan on one, Vice President Sheikh Mohammed bin Rashid Al Maktoum on the other and the Al Luf Abu Dhabi Museum on one.
The new coins highlight that Dubai is playing an important role in the development of the precious metals and gold business worldwide.
The contract for the production of the coins was signed by Ahmed Bin Saleem, Executive Chairman of the Dubai Multi Commodities Center and Michel Detina, Chairman of Chequemint.