Dubai’s exceptional stature in the global jewellery industry is perhaps best represented by two unique aspects in its history – its pearling traditions and its world-renowned Gold Souk (marketplace or bazaar). Today, Dubai is also known as an international diamond trading hub, with trade rising more than six folds from AED 13.2 billion (US$3.6 billion) in 2003 to AED 84 billion (US$23 billion) in 2019, according to Dubai Multi Commodities Centre (DMCC).
During the first half of 2020, Dubai’s non-oil trade (exports and imports) reached AED 550 billion (approximately US$148.5 billion) despite the pandemic. Gold, diamonds and jewellery continued to top the list of commodities at a value of AED 140 billion (approximately US$38 billion), accounting for 25% of the total.
Dubai has grown into an international destination for business and leisure. Visitors can experience famous tourist destinations like Burj Khalifa, the world’s tallest building; relax on a pristine beach; or venture into the Arabian Desert for sun, sand and adventure. They can explore a myriad of shopping, dining and entertainment destinations, or try outdoor activities like skydiving and kitesurfing. No matter what the interest, Dubai serves up every experience with warm and welcoming Arabian hospitality.
Visit Dubai World Trade Centre website for a curated selection of experiences in Dubai.
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