Kaloti Precious Metals see off tough competition to win Bullion Dealer Of The Year 2016

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Consumer Power Sees Dubai Bullion Company Scoop International Award

After a three-month open public vote in which over 22,000 votes were cast across 5 countries, Dubai-based Kaloti Precious Metals have scooped a top industry prize after a decisive win saw them take almost 40 percent of the Emirati vote.

In a two-heat open vote, Kaloti progressed from an initial selection of 20 shortlisted UAE bullion companies, achieving a place in the top-five final nominations before going on to take the title, with 2620 votes from 6920.

Emirates Gold and DHAB DMCC tied for joint second place.

On winning the award, Mr. Tarek El-Mdaka, Co-CEO of Kaloti Precious Metals said, “We thrive to provide the best services for our customers and thank them for confirming the same. This trust will certainly give us an incentive to provide even more and enhance our services in the bullion market.”

The annual awards are run by the specialist directory and consumer ratings website Bullion.Directory, which opened an Emirates section in January 2015 – a response to Dubai’s growing dominance as an international precious metals hub.

Alan Macallister, Managing Director at Bullion.Directory said of Kaloti, “This win was well deserved and a clear recognition of Kaloti’s outstanding work in the precious metals industry, both locally and internationally. With companies like Kaloti, it’s no surprise Dubai’s world-wide reputation as a trading hub is growing from strength to strength.”

Full details of the vote results can be found online at http://bullion.directory/2016-bullion-dealer-of-the-year/

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