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Dubai Gold Souk or Gold Souk (Arabic: سوق الذهب), is a traditional market (or souk) in Dubai, UAE. The souk is located in Dubai's commercial business district in Deira, in the locality of Al Ras. The souk consists of over 380 retailers, [1] most of whom are jewelry traders. Dubai Gold Souk entrance
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [ 5 ] The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was ...
Founded. 16 April 1978; 46 years ago (1978-04-16) Language. English. OCLC number. 60637427. Website. khaleejtimes.com. Khaleej Times is a daily English language newspaper published in Dubai, United Arab Emirates. [2][3][4] Launched on 16 April 1978, Khaleej Times is the UAE's longest-running English daily newspaper.
Individual endurance. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum (Arabic: حمدان بن محمد بن راشد آل مكتوم, romanized: Ḥamdān bin Muḥammad bin Rāšid Āl Maktūm; born 14 November 1982) is an Emirati royal and politician who has been the Crown Prince of Dubai since 2008. He is the Minister of Defence of the UAE ...
Dubai Standard (Dubai) Emirates Business 24/7 (Dubai) The Arabian Post (Dubai) [ 3 ] Emirati Times. Latin&gulf. Khaleej Mag. Gulf Today (Sharjah) The National (Abu Dhabi) The Brew News.
The Exchange provides clearing service through the Dubai Commodities Clearing Corporation (DCCC), a 100% owned subsidiary of DGCX. [3] On 6 February 2024, the Joint Board of Appeal (“the Board”) of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) withdrew the recognition of DCCC as a Tier 1 third-country central counterparty (CCP) over money laundering concerns.
It is the world's fastest-growing free zone and been nominated as "Global Free Zone of the Year 2016" by The Financial Times Magazine. Dubai is also known as the City of Gold because a major part of the economy is based on gold trades, with Dubai's total gold trading volumes in H1 2011 reaching 580 tonnes, with an average price of US$1,455 per ...
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