Dubai’s gold and jewellery sector glittered bright this Dubai Shopping Festival (DSF) owing to high sales, best ever in five years, with gold prices remaining subdued right through the festive period. In total, 7.5 tonnes of the yellow metal in various forms were sold by the 180 participating gold and jewellery retail outlets during the promotion period from January 2-to-February 2, 2014.
What made gold buying even more lucrative was the daily ‘Gold Raffle’ as part of which a kilo of gold and one diamond solitaire was given away every day during the month-long DSF.
“We witnessed the highest offtake on January 24 where participating jewellery outlets sold approximately 400 kilo of the metal on a single day,” reveals Tomy Joseph, general manager at the Dubai Gold & Jewellery Group.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha B / 
The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
From ethical and local sourcing to adopting cutting-edge technologies to curb food
/ 
The Dubai Duty Free (DDF) has recorded sales of $1.94 billion up
In what comes as a significant announcement, Middle East based eyewear majors
Emirati Gen Z women are seeking collaborative, culturally diverse and creatively enriching
GMG’s Everyday Goods – Retail division celebrates expansion milestone hitting 60 stores
Among several others, three key factors have fuelled the growth of homegrown
Empowering women, transforming communities: The rise of female-led businesses in Times Square Center
In its central Dubai location, Times Square Center stands not just as
One of UAE’s leading fresh food retailers, Spinneys has announced its intention
Acting as a bridge between Brazil and GCC markets offering a compelling
Commonly cited statistics indicate that around 20% of new businesses fail during
Previous Article
