Monday, 20th September 2004 (4288 views)

Overseas staff for the Dubai Department of Tourism and Commerce Marketing (DTCM), have been given presentations on a host of ambitious projects in Dubai.

Among the topics they have been advised on is the gold sector, with the Dubai Gold and Jewellery Group revealing it aims to double Dubai jewellery turnover to $6 billion by 2010.

Board member, Najmuddin Sathak told AME Info: "The jewellery sales have increased to reach the $3 billion mark, 100 per cent increase over 1996.

"More than 500 kilograms of gold worth $6 million has been given away in promotion prizes by the group which has over 500 retail outlets as its members."

According to Mr Sathak there is more than 25 tonnes of gold jewellery on display in the Gold Souq at any given time.

Senior management representatives from 10 public and private sector organisations attended the event and offered details on the many multi-million dollar projects currently taking place.

 

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