Dubai unveils gold bullion coin

The Dubai Multi Commodities Centre Authority (DMCC) has launched the Emirates' first gold coin.

The 24-carat, five-ounce innovative gold bullion coin, features the portrait of the President His Highness Sheikh Khalifa bin Zayed Al Nahyan on one side and the world's tallest tower - Burj Khalifa - on the other. 

DMCC is in talks with the UAE Central Bank to designate the coin, minted in Switzerland, as a legal tender in the UAE.

With gold demand on the rise as a save investment instrument, especially after falls in global stock markets, the gold bullion coin is sure to attract massive interest.