UAE approves policy to lift gold, jewellery trade

123 RF / ktsdesign

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.

More from Business News

On Virgin Radio today

  • Non Stop Hits

    1:00am - 8:00am

    The UAE's #1 Hit Music Station with no interruptions

  • Adam Eddine

    8:00am - 11:00am

    Playing 10 hits in a row every hour, all weekend!

Trending on Virgin Radio