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.
CEO’s Agenda: Unlocking the Treasure Chest of Retail Opportunities
Finding the treasure chest of opportunities needs years of journeying through the
January 19, 2024 | By RetailME Bureau
Culinary playbook: On a gastronomic adventure
How is the food service industry in the Kingdom of Saudi Arabia
January 18, 2024 | By RetailME Bureau#ConversionChronicles: Unveiling the magic behind e-commerce success
#CrackingTheClickonomics: Experiences and advice from brand leaders
/ 
One of UAE’s leading fresh food retailers, Spinneys has announced its intention
Launched in 2019 by Laura Manning, UAE-based homegrown brand BRW Society completes
Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC holds
In 1995 regional retail conglomerate Majid Al Futtaim introduced Carrefour to the
Tata Soulfull, a leading name in the ‘good-for-you’ snacks and breakfast cereals
Majid Al Futtaim – Retail, which holds the exclusive franchise to operate
In an exclusive interview Krishna Dhanak, Managing Director, Alpen Capital shared insights
As digital transformation across the retail industry continues to accelerate, the expectations
Saudi Arabia-based grocery retail chain Al Raya Supermarket serves over 100,000 customers
BinDawood Holding has a rich Saudi heritage, spanning over 50 years, 38
Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour
/ 
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
Louis Philippe, renowned for its premium merchandise spanning apparel, footwear and accessories,
Tata Soulfull, a leading name in the ‘good-for-you’ snacks and breakfast cereals
It’s a decade of one of the UAE’s much-loved homegrown restaurants, Raju
Founded a decade ago by Tamara Abukhadra Homegrown Market was a first
Previous Article
