Stories That Shape Our Impact
Explore the latest press releases, thought pieces, and behind-the-scenes stories from Ithra. Stay updated on how we’re reimagining innovation, sustainability, and design in the region
In the spotlight
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How UAE customers are coping with record gold prices in run-up to Dhanteras and Diwali
It’s business as usual for high-end buyers while price-conscious consumers are delaying or cutting down on their purchases
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Why more brides are choosing gemstones over diamonds
Gemstones don’t just stand out for their vibrant colours, they offer rich symbolism
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News
Apr 2025
Dubai Gold Jewellers Target Indian Buyers With New Designs Amid Import Duty Cut
Dubai’s gold jewellery retailers are adapting to shifting market dynamics as India’s reduction of gold import duty from 15% to 6% has narrowed the price gap that once made the UAE a top destination for Indian shoppers. To attract South Asian buyers — especially during festival seasons like Akshaya Tritiya and Diwali — jewellers are bringing in unique designs from international markets and developing exclusive local collections not readily available in India. This includes Turkish, Italian, Singaporean, and locally crafted styles that offer variety beyond just price advantages, aiming to maintain Dubai’s appeal as a global jewellery hub.