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Dubai Multi Commodities Centre a free trade zone established by the Dubai Government has signed a sale and purchase agreement with REIT Development to construct a 100,000 square foot precious metals refinery.
According to a DMCC release on Wednesday, the precious metal refinery and storage facility will be the largest in the Gulf Cooperation Council and will reportedly be powered by blockchain technology.
Located in the high brow Jumeirah Lake Towers area, the facility will refine and store precious metals like gold, silver, rhodium, palladium and platinum among others.
These precious metals will also provide backing for asset-collateralized stablecoins like GoldCoin, SilverCoin, RhodiumCoin, PalladiumCoin and PlatinumCoin, to mention a few.
Dubai s DMCC to get GCC s biggest gold, precious metals refinery in 2022
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Dokken: Cross-country bike trek raises about $8K for UND endowment
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Cross-country bicyclist faces mental fatigue in ride to raise funds for UND endowment
This past fall, as plans for the bicycle trip began falling into place, one of the hunting camp members sent a group text saying he would pledge 10 cents a mile to a charity of Mike DeVries’ choosing. He chose the UND Game Management Endowment Erik Fritzell established in 2016. Written By: Brad Dokken | ×
Mike DeVries dips the back tires of his bicycle into the Pacific Ocean in southern California on Jan. 14, the first day of his cross-country bicycle trek across the southern U.S. from San Diego to the Atlantic Ocean at St. Augustine, Fla. With pledges from buddies in a North Dakota hunting camp and others, DeVries is raising funds for a Game Management Endowment at UND. (Photo courtesy of Mike DeVries)
Cross-country bicycle rider raises funds for UND Game Management Endowment
This past fall, as plans for the bicycle trip began falling into place, one of the hunting camp members sent a group text saying he would pledge 10 cents a mile to a charity of Mike DeVries’ choosing. He chose the UND Game Management Endowment Erik Fritzell established in 2016. Written By: Brad Dokken | ×
Mike DeVries dips the back tires of his bicycle into the Pacific Ocean in southern California on Jan. 14, the first day of his cross-country bicycle trek across the southern U.S. from San Diego to the Atlantic Ocean at St. Augustine, Fla. With pledges from buddies in a North Dakota hunting camp and others, DeVries is raising funds for a Game Management Endowment at UND. (Photo courtesy of Mike DeVries)