Dubai’s airborne trade in gold, diamonds hits AED67 billion

Dubai’s airborne trade in gold, diamonds hits AED67 billion

Dubai / WAMDubai Customs has announced that the emirate's non-oil trade continued its growth against the current crisis. Being a hub for gold and diamond trading and making, Dubai made AED67.1 billion from gold and diamond air-cargo trade between March and the end of June this year. Statistics released by Air Customs Centre Management at Dubai Customs show that the diamond and gold trade from March 1 to end of June comprised AED35.6 billion of imports (428.8 tons), AED38.5 million (877 kilograms) transferred into the free zone, AED471.7 million (2.1 tons) of re-exports “transit”, AED29.4 billion (161.2 tons) of exports, and AED1.4 billion (8.3 tons), which entered the free zone. The Air Customs Centre Management also completed 31,590 transactions including 17,169 import, 12,293 export and 89 re-export transactions. In terms