General Travel News
Dubai Gold Jewelry Sales Fall 30%
Five jewelry retailers reported that gold jewelry sales in Dubai dropped 30% this year due to higher prices and fewer tourists because of the economic slowdown. Many of the 8 million tourists visiting Dubai last year were attracted by the tax free gold. However the retailer Reuters say there are far fewer tourists visiting the emirate known as “the City of Gold”. A shop keeper from Al Khaledyah Jewelry said they have seen a 30% drop in sales this June.
Another Souk salesman said buyers have also been deterred by the higher price of gold which increased 26% to about $921.75 an ounce on Wednesday - compared to a low of $680 in October. The Dubai Department of Tourism and Commerce Marketing said last year 7.7 million tourists visited Dubai, but no figures are yet available for 2009.
More General Travel News
Latest Travel News
Featured Sights To See
Bird Market
Jakarta, Indonesia
Located at Jalan Barito in South Jakarta and Jalan Pramuka in Central Jakarta, here you can find various colorful tropical birds on sale. ...
Östermalm
Stockholm, Sweden
Östermalm is an affluent commercial and residential area. The part closest to the city center, around the Stureplan square, is the place for upmarket shopping as well as nightclubs and bars for the jet set and those who seek their company. ...
Herăstrău Park
Bucharest, Romania
Like many other large parks around Bucharest, the Herastrau Park is located on the Colentina River and extends to the north and the east of the river. The Park houses the Village Museum, several open air theaters and a host of water activities for visitors like boat trips and rentals. Spend a long summer day in this park to see the natural beauty of the historic city. {l...
Amman Citadel
Amman, Jordan
It's easy to forget that Amman is an ancient city, settled for thousands of years. When it was capital of the Ammonite civilization it was known as Rabbath Ammon. During the Greek and Roman eras it was called Philadelphia, the city of brotherly love. It was ruled by a succession of the Middle East's great empires. For most of that history, development was centered on the Ci...