Browse related articlesTraders hope shopping festival boosts gold
United Arab Emirates: Monday, January 28 - 2008 at 11:07
Dubai's shopping festival is expected to help boost gold jewellery sales in the Gulf emirate, but a new surge in prices may dampen demand, jewelers and officials said, reported Reuters. Visitors to the Jan. 24-Feb. 24 promotional festival from energy-rich states such as Saudi Arabia are flocking to Dubai's gold souk and malls to snap up locally made jewellery as well as international brands. Soaring gold prices have weighed on sales of the yellow metal for jewellery, deterring buyers and depressing the value of sales by 30 percent in the fourth quarter of 2007.
Also consider reading:
- » Bahrain opens new $40m family park
- » Golf stars praised on Doha 2016 bid
- » Online shoppers prefer books
- » Eglo to set up retail distribution system
- » Golf scores high in Mideast
- » GCC retail real estate market soars
- » Tiger Woods heads for Dubai
- » Egypt book fair censored
- » Al Tayer and Astrata form company
- » DSF's jewellery sales hit Dhs240m
- ADD ARTICLE TO
-
Facebook
del.icio.us
Digg">
Amena Bakr, Senior ReporterMonday, January 28 - 2008 at 11:07 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Web Feeds