Sales of gold, jewellery and diamonds in Dubai reached AED 274 billion last year.
That's an increase of three per cent compared to 2017, according to the Dubai Gold and Jewellery Group.
Meanwhile, a new report from Dubai's Department of Economic Development found that more than 4,000 companies now operate in the gold sector in the emirate.
Indians were the top nationality for investing in the sector, followed by citizens from Pakistan, the UK and Saudi Arabia.
Dubai launches 'Smart Rental Index'
Dubai Land Department has announced it will launch a new 'Smart Rental Index' in January 2025.
RTA’s 117th Open Auction for number plates generates over AED81 Million
The 117th open auction for exclusive vehicle number plates in Dubai achieved total revenues of AED81.178 million, marking the highest proceeds in the history of Dubai's Roads and Transport Authority (RTA) auctions since their inception.
UAE issues Federal Decree-Law on medical products
The UAE Government has issued a Federal Decree-Law to regulate medical products, the pharmacy profession, and pharmaceutical establishments.
Trump asks Supreme Court to pause law that could ban TikTok
President-elect Donald Trump has urged the US Supreme Court to pause implementation of a law that would ban popular social media app TikTok or force its sale, arguing he should have time after taking office to pursue a "political resolution" to the issue.
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