https://www.miningweekly.com
Business|Gold|Infrastructure|Safety|SECURITY|Services|Infrastructure
Business|Gold|Infrastructure|Safety|SECURITY|Services|Infrastructure
business|gold|infrastructure|safety|security|services|infrastructure

Dubai commodity authority inaugurates second high-security, luxury vault

15th January 2020

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

Font size: - +

The Dubai Multi Commodities Centre (DMCC) has inaugurated a state-of-the-art luxury vault and safe deposit facility, the 818 Vault, in the Jumeirah Lakes Towers (JLT), in Dubai.

Officially opened on Wednesday, the high-security vault adds to DMCC’s trade and business ecosystem that provides facilities, services and infrastructure to member companies operating in the gold, diamond, precious metals and jewellery sectors.

Welcoming the vault to the Almas Tower, in JLT, further solidifies DMCC’s position as “the nucleus of the gold, diamond and jewellery trade,” DMCC CEO Ahmed Bin Sulayem said.

According to Sulayem, the tower’s strategic location, high security and convenient access makes it “the natural choice” for a luxury jewellery vault.

The 818 Vault offers the highest levels of security, according to 818 Vault CEO and founder Vikram Jethwani.

The vault is equipped with a secure dual-control locking mechanism, while each safety deposit locker has two ten-lever locks that are accessed with two unique key profiles.

In addition to safety deposit lockers, the vault offers a range of additional services, including insurance and repair for deposited jewellery.

This opening marks the second jewellery vault located at Almas Tower, following the launch of DMCC’s first vault in April 2009.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.142 0.174s - 92pq - 2rq
Subscribe Now