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FINANCIAL NEWS
Dubai’s Kaloti to build USD60m gold refinery
13 Dec 2013
(MENAFN) Dubai’s Kaloti Jewellery Group said that it hired a contractor to construct a precious metals refinery, Arabian Business reported.
United Engineering Construction (UNEC) has been hired to build the refinery at a cost of USD60 million. The refinery is set to be the world’s largest as its will a capacity to refine up to 1,400 tonnes of gold and 600 tonnes of silver per year.
The refinery will also produce wholesale investment casted, minted bars and jewellery.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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