Dubai

Sparkling surge in Dubai's diamond trading

The volume of diamonds traded in Dubai rose by more than half in the first six months of the year.

A total of 206.1 million carats were traded, 57 per cent more than the 131m carats traded in the same period last year, according to figures from Dubai Diamond Exchange. Values increased to US$25.3 billion (Dh92.9bn) from $16.3bn.

Trading value of Dubai Gold Securities rises 65% in first nine months of 2011

Trading of Dubai Gold Securities (DGS) on NASDAQ Dubai reached 8,761 securities in the third quarter of 2011, an increase of 1,280% from the first two quarters of the year combined. DGS closely track the spot price of gold and …

Gold bullion sales increased 50 pct in Dubai

Climbing gold prices have lead to more than a 50 per cent boost in gold bullion sales. Gold retailers are reporting a steady increase in sales of gold bullion as investors look to take advantage of the climbing gold prices.

Gold adds shine to Dubai trade figures

Gold prices have hit fresh record highs this week. Tamara Abdul Hadi / Reuters Soaring gold prices have helped Dubai record a substantial increase in international trade. The value of exports and re-exports handled by the Dubai Chamber of Commerce and

Dubai gold trade registers 18% rise in 2010

DUBAI – A recent study Dubai Chamber of Commerce and Industry (DCCI) based on the Dubai Multi-Commodities Centre (DMCC) report indicates that the yellow metal traded through the Emirate valued US$ 41.3 billion in 2010, showing an increase of about 18%