DUBAI: Dubai is set to shine once again as a global hub for gold and jewellery with the official launch of its new Dubai Gold District, officials announced on Wednesday.
The emirate will also be home to the world’s first Gold Street - a unique road constructed entirely from gold, designed as a major tourist attraction in Deira, Dubai. Authorities said the project would bring together retail, wholesale trading, bullion and investment under one roof, creating a unified ecosystem for the gold and jewellery sector. Over 1,000 retailers are expected to operate within the district, highlighting Dubai’s continued reputation as the “City of Gold”.
The officials said the plans, designs and exact location of Gold Street would be unveiled in phases. The Gold District and Gold Street will represent both Dubai’s commercial heritage and its standing as a global centre for gold trade, said a UAE government official.
