The UAE is taking steps to enhance its position as a global hub for gold and jewellery trade.
A new policy consisting of 10 strategic programmes and initiatives has been approved that will maximise the benefit of trade in precious metals.
The policies include new regulations on governance and the establishment of a federal platform for gold trading.
Gold trade makes up around 20 per cent of the UAE's total non-oil exports.
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Chinese President Xi Jinping took centrestage at a meeting of APEC leaders on Saturday to push a proposal for a global body to govern artificial intelligence and position China as an alternative to the United States on trade cooperation.
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His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has stressed the need to build an integrated global economic system to overcome challenges faced around the globe.
The UAE has launched an urgent humanitarian mission to assist communities affected by Hurricane Melissa, which devastated parts of Jamaica, Haiti and Cuba.
Dubai’s public parking operator Parkin has announced the introduction of new paid parking zones in two key areas of the city.
