Abu Dhabi pearl trade jumps to AED8.8 billion in 5 months

  • Date: 29-Oct-2020
  • Source: Emirates Business
  • Sector:Oil & Gas
  • Country:UAE
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Abu Dhabi pearl trade jumps to AED8.8 billion in 5 months

Abu Dhabi pearl trade jumps to AED8.8 billion in 5 months Admin 19 hours ago Local NewsAbu Dhabi / WAMAbu Dhabi's trade in pearls, precious stones and metals has witnessed significant activity in the first five months of this year, rising to AED8.8 billion, a 25.7 percent increase compared to AED7 billion in the same period of 2019, according to the Abu Dhabi Statistics Centre. This significant jump reinforces the position of the emirate and the country, in general, as a regional centre of the pearl and precious stone trade. Official statistics showed that the trade in pearls and precious stones was supported by exports, which surged to around AED6.3 billion from January to May this year, marking a five percent increase compared to AED6 billion in the same