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Dubai is the middle-eastern center for jewellery manufacturing, serving a surrounding market of over a billion people. From Dubai's beginnings as a trading and pearling hub, the earth's treasures have been its lifeblood.
Gold imports now average 300 tons annually, making Dubai the fastest growing gold center in the world. Last year the turnover was US$1 billion from market consumption, retail and re-exporting.
The free trade environment in Dubai means very low import duties. A zero tax policy, plus high volumes at low margins ensure Dubai has the best prices for gold in the world. With numerous jewellers, over 450, it is likely the only place where gold and jewellery are available in all major karats.
The Gold Souk in Deira with about 250 gold retailers has such overwhelming volume, even the most discerning shopper cannot help but be mesmerized by the selection.
Diamonds, the standard of greatness to which all other gems are measured, mirror Dubai's jewellery enterprise, compared to all others. Dubai carries quality diamonds in a variety of carats with magnificent clarity, color, and cut. Pearls, and watches of extraordinary quality are also available in Dubai. Leave a Comment
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One of the biggest events of the year, electrifying the city.
Concludes mid February 2004
Shopping malls have big sales and discounts, there are rides and shops at every turn and massive fireworks displays each night. Book hotels and flights well in advance Leave a Comment
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on January 17, 2004
