The company Bright East Holding 1, registered in Abu Dhabi Global Market, announced the full acquisition of Emirates Gold.
Emirates Gold is a leading producer of gold and silver in the Middle East. Founded in 1992, the company specializes in the production and sale of precious metals, both in the form of bars and as jewelry.
"This strategic acquisition allows us to strengthen our position in the precious metals market and expand our presence on the global stage," highlighted a representative of Bright East Holding 1.
The main objectives of the deal include increasing production capacities, expanding the client base, and increasing market share. Bright East Holding 1 plans to integrate Emirates Gold into its operations and to realize synergies for further development of both companies.
