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Tag "COVID-19"

Saudi Arabia to increase VAT, suspend cost of living allowance

Saudi Arabia to increase VAT, suspend cost of living allowance 0

🕔16:05, 11.May 2020

Saudi Arabia will cancel and postpone spending and cut some allocations for Vision 2030, with a total cost of 100 billion riyals (Dh97.8 billion), according to Al Arabiya. This has been taken as part of the government’s efforts to manage the economic

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Coronavirus: Dubai-based Malabar Gold and Diamonds pledges 2.5 million meals to the needy

Coronavirus: Dubai-based Malabar Gold and Diamonds pledges 2.5 million meals to the needy 0

🕔16:34, 4.May 2020

In response to the rising severity and impact of the COVID-19 outbreak, Dubai-based Malabar Gold and Diamonds jewellery retailer group has pledged to provide 2.5 million meals to the needy. In a press release, the group with over 250 stores

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Gold pushes past $1,700, hits UAE jewellery shoppers

Gold pushes past $1,700, hits UAE jewellery shoppers 0

🕔18:52, 2.May 2020

The price of gold briefly shot past $1,700 an ounce early on Monday for the first time since 2012, as investors rushed to pick up the metal as the best asset to hold in extremely difficult times for the global

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Bharat Diamond Bourse [BDB] Rises to fight the COVID-19 Threat

Bharat Diamond Bourse [BDB] Rises to fight the COVID-19 Threat 0

🕔17:33, 1.May 2020

Bharat Diamond Bourse committee commends the effort of our Prime Minister Shri Narendra Modi and Maharashtra Government, CM Shree Uddhav Thakrey to fight the war against COVID-19. BDB also acknowledges the entire team of Health workers, Police, Doctors, Mumbai Municipality

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COVID-19 hits gold: Global gold jewellery demand crashes to lowest quarterly tally

COVID-19 hits gold: Global gold jewellery demand crashes to lowest quarterly tally 0

🕔16:50, 1.May 2020

Global gold jewellery demand has dropped to its worst level… even lower than the fall it sustained in the initial months of 2009’s Global Financial Crisis. Rocketing prices and a complete halt on retail activity meant that the “jewellery sector

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Coronavirus: Distressed expats in UAE sell small quantities of gold amid cash crunch

Coronavirus: Distressed expats in UAE sell small quantities of gold amid cash crunch 0

🕔19:07, 30.Apr 2020

Indians’ traditional faith in gold and their penchant for the yellow metal is coming handy now, especially for expats facing a cash crunch. Restrictions imposed due to the spread of the Covid-19 coronavirus has left several expats either unemployed or

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De beers group donate $200,000 to assist women’s support organisations in its host communition to respond to Covid-19

De beers group donate $200,000 to assist women’s support organisations in its host communition to respond to Covid-19 0

🕔17:55, 30.Apr 2020

De Beers Group today announced a $200,000 donation across its four producer partner countries of Botswana, Canada, Namibia and South Africa to assist women’s shelters and support organisations to respond to an increase in gender-based violence resulting from the COVID-19

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World’s Foremost ‘Only Diamond Show’ Bharat Diamond Week [BDW] goes digital

World’s Foremost ‘Only Diamond Show’ Bharat Diamond Week [BDW] goes digital 0

🕔18:47, 29.Apr 2020

Show to support large number of buyers to get back into business by offering a much wider variety of products and increased number of exhibitors through the BDW – DIGITAL PLATFORM The organizing committee of Bharat Diamond Week [BDW], world’s

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Dubai Gold & Jewellery Group announces high safety measures in Dubai Gold Souk Area

Dubai Gold & Jewellery Group announces high safety measures in Dubai Gold Souk Area 0

🕔17:37, 29.Apr 2020

Dubai Gold & Jewellery Group (DGJG), the trade body for the gold and diamond jewellery sectorin Dubai, announced the re-opening of iconic Deira Gold Souk, in accordance with the directives by the Supreme Committee of Crisis and Disaster Management. Starting

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COVID-19 reality: Dubai gold retailers will make do with fewer stores

COVID-19 reality: Dubai gold retailers will make do with fewer stores 0

🕔13:19, 22.Apr 2020

Dubai: Dubai’s gold and jewellery retailers will look to store closures to keep their costs in check once they re-open after the COVID-19 enforced shutdown. Reducing the size of the store network will be a priority for the big retailers,

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