The UAE is taking steps to enhance its position as a global hub for gold and jewellery trade.
A new policy consisting of 10 strategic programmes and initiatives has been approved that will maximise the benefit of trade in precious metals.
The policies include new regulations on governance and the establishment of a federal platform for gold trading.
Gold trade makes up around 20 per cent of the UAE's total non-oil exports.
200 BYD electric cars to be added to Dubai taxi fleet
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Modi, Vance tout progress on India-US trade deal
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Badr Jafar named UAE special envoy for business and philanthropy
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UAE foreign trade reaches AED5.23 trillion in 2024
The UAE foreign trade touched AED5.23 trillion ($1.424 trillion) in 2024, a 49 per cent increase from AED3.5 trillion ($949 billion) in 2021, according to the World Trade Organisation's latest report.
Dubai Land Department signs 11 agreements
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
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