Pause operations: company temporarily curtailing operations while keeping return options open
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Al Bahrain Jewellers LLC was established in 1994 and has proven to become one of the leading bullion traders and manufacturers of precious metals in the United Arab Emirates and because of its strategic location at the crossroads of trade and commerce between the East and West due to its progressive governance, liberal policies and business friendly regulation.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionAl Bahrain Jewellers LLC, another souk-based dealer, took over $50 million of gold from Russia - investigation of Bloomberg. Al Bahrain Jewellers LLC in its statement wish to unequivocally affirm its commitment to strict adherence to international standards and principles. In line with this commitment, Al Bahrain Jewellers has had no business dealings with any Russian Entities, both in the past and at present. Additionally, the company currently do not accept any materials that originate from Russia, whether directly or indirectly. This policy decision was proactively implemented well before the publication of the news article, reflecting the dedication to responsible conduct within the global marketplace. All company's actions and business decisions are underpinned by a steadfast commitment to respecting and following the international sanctions, rules, and regulations that govern the industry.
| May 02, 2023 | Russian Gold Is in Hands of Obscure Firms as JPMorgan, HSBC Exit |