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Procyon Metals Opens An Office In Dubai

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Procyon Metals, a broker of physical strategic metals headquartered in London, has opened an office in Dubai, in the Meydan Free Zone. The new office brings the company closer to its clients and partners in the Gulf and complements its London office.

“I am pleased to announce the opening of Procyon Metals in Dubai. Dubai is a leading hub for commodities trading, and a growing share of our clients and partners are based here. This office allows us to support them locally,” said Philippe Chalu, Chief Executive Officer of Procyon Metals.

Why Dubai

  • Dubai is one of the world’s leading hubs for commodities and metals trading.
  • Family offices and wealth managers in the Gulf are showing growing interest in physical assets.
  • The office is located at the Meydan Grandstand, Nad Al Sheba, in the Meydan Free Zone. It is led by Philippe Chalu, Chief Executive Officer. Ziad Alameh, Sales Manager – Middle East, looks after clients in the region.

A team between London and Dubai

  • Philippe Chalu, Chief Executive Officer – Director of the Dubai Office
  • Liwa Saleh, Director of the London Office
  • Frédéric Cordier, Head of the French Market
  • Ziad Alameh, Sales Manager – Middle East
  • Marco Renga, Head of Global Strategic Sourcing & REE Value Chain Development

What Procyon Metals does

Procyon Metals specialises in physical strategic metals: rare earths, gallium, germanium and other metals essential to the energy transition, electronics and defence. The company sources, certifies, ships and arranges secure storage of these metals for the clients of wealth advisers and family offices.

Leadership with an international banking background

Philippe Chalu has more than twenty years of experience in finance, first in London and then in the Middle East: Barclays Capital in London, Associate Director at HSBC Bank Middle East, Vice President at Société Générale in the United Arab Emirates, and Investment Director at Amira Industries. He is a graduate of HEC Paris and Saint Joseph University of Beirut.

Philippe Chalu is also an elected Councillor for French Citizens Abroad for the Lebanon and Syria constituency, a mandate he has held since 2026.