Auriz Gold Refinery, a leading provider of certified gold and silver products in the Middle East, was officially soft-launched by Padma Shri M. A. Yusuf Ali. The inauguration ceremony, attended by dignitaries, government officials, and Rizan representatives, marks a significant milestone for the company as it aims to establish itself as a premier market provider of precious metals refining services.

With an investment of USD 20 million, the refinery located in the Sharjah Airport Free Zone is the first industrial venture of its kind by a Keralite entrepreneur. It boasts an initial production capacity of 30 tonnes of gold and jewellery products annually.

Auriz Gold Refinery takes pride in delivering the highest grades of gold and silver products and services to dealers, traders, and banks worldwide. Equipped with advanced laboratory facilities and a team of skilled experts, the company utilizes ultra-modern refining technology that adheres to internationally accepted quality standards for refining, smelting, assaying, and minting of precious metals.

"We are thrilled to announce the soft launch of Auriz Gold Refinery and showcase our premium standards of operational expertise," said Shanoob P. P, Managing Director of Auriz Gold Refinery. "With our advanced facilities and skilled team, we are committed to providing our clients the best precious metal refining services and products."

The soft launch of Auriz Gold Refinery allows the company to test its refining processes and optimize its operations before fully opening to the public. Auriz Gold Refinery is well-positioned to meet the rising demand for certified gold and silver products from dealers, traders, and banks globally by aiming to become a trusted and reliable provider of precious metal refining services and products.

"We look forward to serving our clients and building lasting relationships with them," said Shganoop P.P, Managing Director of Auriz Gold Refinery. "Our dedication to quality and excellence will set us apart in the market and help us become a leading provider of precious metal refining services and products in the Middle East."

Rizan Jewellery, renowned for its presence in the gold bullion and wholesale jewelry industry, also introduced new gold kilo and tola gold bar products produced by its group entity, Auriz Refinery. The Rizan Group, with a reputation spanning over 40 years, is widely recognized in the region. Launching the new range of products from Auriz Refinery allows them to offer 'Made in UAE' tola, kilo bars, and coins to gold customers. The soft launch of Auriz Gold Refinery comes in conjunction with Rizan Jewellery's inauguration of its corporate office in Dubai's New Gold Souq.

With ten outlets across the region, including three in Dubai's Gold Souq, Rizan Group's businesses cover a range of gold-related categories, such as scrap or used gold, various types of gold bars, coins, and jewelry. In a press conference, Shanoob P. P, Rizan Group Managing Director and Chairman stated that the opening of the new corporate office aims to add more value to their customer-centric propositions and enhance their focus on attracting new global customers.

The group companies of Rizan Jewelry and Precious Metals, Kimiya International Soap Factory, AQ Diamonds, Peek Trading Company, Digitriz (IT Company), Rizan Trading, and Centriz contribute to the group's extensive presence and customer base in the Middle East.