Gold smuggling is being driven to Dubai due to India's high import duties, utilizing the city as a hub for Indian travelers.
1 report, 1 independent
Updated Jul 31
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What happened
Gold smuggling is being driven to Dubai due to India's high import duties, utilizing the city as a hub for Indian travelers.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Dubai
most populous city in the United Arab Emirates and the capital of the Emirate of Dubai
Related events
- Dubai is leveraging its location to become a global gold hub, connecting supplies from Africa and Central Asia while competing with established markets like Hong Kong and Singapore.
- Dubai serves as a global trade hub, reflecting UAE's economic integration across emirates.
- Bilateral trade volume centered in Dubai has successfully surpassed the $100 billion mark annually.