UAE poised to double gold jewellerv output
Khaleej Times|December 27, 2024
The UAE plans to double its gold jewellery manufacturing capacity over the next five years, putting the country even higher on the global map in trading and manufacturing of precious metal jewellery, said Tawhid Abdullah, chairman of Dubai Jewellery Group.
Waheed Abbas
UAE poised to double gold jewellerv output

In an interview with Khaleej Times, he said the made-in-UAE gold jewellery production has been doing "extremely well" and this will remain the focus of the industry.

"In the last 30 years, we have succeeded in putting Dubai and UAE trading on the front. But now, the focus is how to make the gold and jewellery business more successful by improving our local manufacturing, which has improved in an excellent way [so it] gives us more confidence in selling our products instead of those from other countries," he said.

Selling UAE-made gold jewellery products will be in focus over the next three to five years, while maintaining the country as a top trading destination, Abdullah said.

"As a trader, we're emphasising and growing made-in-UAE jewellery. Trading is not enough for us.

We don't want to be only traders, but also serious manufacturers.

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