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Dubai’s dirty business

How can the United Arab Emirates with no gold mines or history become a global center for this shining metal in a short period of time?

1 min read

The United Arab Emirates is one of the major gold trading hubs in the world. Yet, two decades ago, the country was not even among the world’s top one hundred gold-importing countries.

But how can a country with no gold mines or history become a global center for this shining metal in such a short period of time? The answer to this question would shed light on some of the darkest corners of the business inside the UAE.