(MENAFN - Khaleej Times) JRG International Brokerage DMCC, a leading broker and clearing member of the Dubai Gold and Commodities Exchange, on Friday announced the launch of a new scheme to encourage savings culture through systematic investment in Visions of Dubai gold coins.
A first-of-its-kind concept, called Emirates Investor Savings Plan, has been designed as a tribute to the visionary leadership of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, in parallel with the UAE's 40th National Day.
Through the savings plan, JRG International will financially support investors to own Visions of Dubai series of gold coins through affordable and systematic monthly investments.
The first coin in the Visions of Dubai series was released in 2007 by the Dubai Multi Commodities Centre, or DMCC, and features the image of Shaikh Mohammed on one side, while the Burj Al Arab is engraved on the other.
Other coins in the series feature landmark images of Dubai that also reflect the spirit and identity of the emirate.
The launch ceremony of the savings plan was held in Dubai the presence of DMCC executive chairman Ahmed bin Sulayem, Chinese Ambassador Gao Yusheng, Philippine Ambassador Grace Relucio Princesa, Turkish Ambassador Sefik Vural Altay, Greek Ambassador Dionyssios Zois, Nigerian Ambassador Bashir Yuguda, Portuguese Ambassador Jaime Van Zeller Leitao, Armenian Ambassador Vahagn Melikian, Dubai Trade director Mahmood Ahmed Al Bastaki and JRG International global industry advisory panel member Harshit Harish Jain, along with members of international media and dignitaries from different parts of the world.
"The main objective of Emirates Investor Savings Plan is to promote a systematic investment habit and culture among all categories of investors across the UAE, including both nationals and expatriates.
The plan encourages investors ranging from individuals to corporates to be a part of the inclusive economic growth of the UAE," JRG International chairman and managing director Hazza Mohammed Al Dhaheri said.