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.
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OPEC+ keeps oil output steady following steep price drop in 2025
OPEC+ kept oil output unchanged on Sunday, after oil prices fell more than 18 per cent in 2025, their steepest yearly drop since 2020, amid growing oversupply concerns.
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