Bright East Holding 1 acquires Emirates Gold to drive innovation and global expansion
11/17/24, 10:57 AM
Location
dubaiIndustry
mineral
precious metals
mining
manufacturing
Bright East Holding 1, a holding company registered with the Abu Dhabi Global Market (ADGM), has fully acquired Emirates Gold, a leader in the UAE’s gold and precious metals refining and minting industry. The acquisition marks a transformative chapter for Emirates Gold, as it focuses on innovation, technological advancement, and global expansion under the leadership of the newly appointed CEO Abhijit Shah. With a renewed strategic direction, Emirates Gold is set to enhance operational stability, reconnect with legacy clients, and drive revenue growth, all while expanding its regional and global presence.
Company Info
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Trends
| Raised | Growth The data in the raised column shows reported funding for this location/industry over last 90 days. The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days. Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage. | |
|---|---|---|
| dubai | $318.1 M | 17.4% |