With “City of Gold” Dubai’s sights firmly set on becoming the global hub for physical gold trading – the region has become a centre of excellence in the refining of precious metals – and family-owned Kaloti are at the forefront of this movement.

The UAE category saw the strongest voting turnout overall, with Kaloti taking first place thanks to 2621 votes from the 6920 total.

Market giant Emirates Gold shared joint second place with brokers DHAB DMCC, part of the Swiss Bullion Group – with these three companies taking a combined 91.7% of the Emirati vote.

Kaloti’s success must in part be down to their broad depth of services covering every sector of the precious metals market, from mining to refining, minting and testing, to retail and wholesale bullion and jewellery sales – which together with 9 offices across 6 countries sees a lot of volume.

In winning this first UAE public vote, Kaloti have cemented their local-market reputation on the way to becoming a global brand.

"We thrive to provide the best services to our customers and thank them for confirming the same. This trust will certianly give us an incentive to provide even more and enhance our services in the bullion market " Mr. Tarek El Mdaka - Co-Ceo Kaloti Precious Metals