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.
US judge dismisses Musk's fraud claims in OpenAI case
A US judge on Friday dismissed Elon Musk's fraud claims in his lawsuit accusing OpenAI and co-founder Sam Altman of betraying OpenAI's original mission, but plans to proceed to trial on Musk's breach-of-charitable-trust and unjust-enrichment claims.
Dubai South partners with Emirates NBD to support business community
Dubai South has signed a strategic Memorandum of Understanding (MoU) with Emirates NBD to support the financial growth of SMEs and facilitate access to a range of banking services.
DMCC to launch two new commercial towers for "Uptown Dubai" by 2028
The Dubai Multi Commodities Centre (DMCC) has launched two new commercial towers, “One Uptown Place” and “Two Uptown Place”, as part of the expansion of the Uptown Dubai area.
DIFC to become world’s first AI Native financial centre
The Dubai International Financial Centre (DIFC) has announced plans to become the world’s first AI-native financial centre.
AB Foods to split Primark from its food businesses
Associated British Foods has decided to separate its Primark fashion chain from its food businesses through a demerger following a review of the group's structure, it said on Tuesday.
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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.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
