Gold Holding, an integrated gold investment company in the UAE, has been appointed as the exclusive distributor of PAMP minted gold bars of 100 grams or less in Saudi Arabia.

PAMP is a leading bullion brand, headquarter in Switzerland, which holds dominant positions in the world’s major metals markets, said a statement.

Gold Holding will operate through its own physical outlets as well as alternative distribution channels, it said.

Sheikh Sultan Bin Khalifa Bin Sultan Al-Nehayan, chairman of the board of Gold Holding, said: “We are delighted to be able to be the exclusive distributor of PAMP, an internationally renowned refinery of excellence in the gold market worldwide, in Saudi Arabia.

“PAMP products are amongst the finest in the industry and maintain high standards of international compliance while honouring its commitments towards corporate social responsibility.”

Marina Shakarchi, PAMP chairman, said: “We are very pleased to appoint an organisation of such capabilities as Gold Holding, which is based in Dubai, as the exclusive distributor of PAMP gold bars in Saudi Arabia. Saudi Arabia is an important market for us and we look forward to Gold Holding developing its full potential for us.”  - TradeArabia News Service