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The Crossroads of Special Operations

Thursday, May 13, 2021

From rickety souk to global powerhouse: How Dubai became the City of Gold | CNN Travel

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Dubai, dubbed as the “City of Gold,” is known for its jaw-dropping transformation from a sleepy village to one of the world’s wealthiest cities. The city has made its way to becoming the center of gold trade with about a 29 percent market share or nearly 1,200 tons of gold worth around $41 billion. It also has become a retail center with 600 shops selling gold, with half of it crammed into the gold souk.

Source: https://www.cnn.com/travel/article/dubai-gold-industry/index.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_travel+%28RSS%3A+CNN+-+Travel%29

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