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.
UAE economy expands 6.2%, GDP reaches AED 1.9 trillion
The UAE economy continues its strong growth trajectory, with the country's GDP expanding by 6.2 per cent in 2025 to reach AED 1.9 trillion.
UAE highlights trade, logistics cooperation at Eurasia forum
Representing UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi attended the Eurasia Economic Forum in Astana, Kazakhstan.
UAE explores Caribbean trade partnership at regional summit
The UAE is exploring closer economic ties with Caribbean nations after taking part as a special guest at a major regional foreign ministers’ meeting in Suriname.
Ferrari aims to prove doubters wrong after divisive EV debut
If Ferrari wanted to grab the world's attention with the Luce, its first all-electric car, mission accomplished - even if much of the reaction has been shock and outrage.
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