“Dubai is sometimes called the “City of Gold” because of its stunning growth from a sleepy Gulf port to a world-famous business crossroads in the space of a single generation. Its nickname has a literal meaning for traders in the precious metal. The city is building itself up as a center for the gold trade, between sources in Africa and consumers in the rising economies of China and India”. – Kamran Jebreili via Associated Press

Photo: A gold press operator collects 10 gram gold blanks to press them with the logo of the Emirates Gold company in Dubai, United Arab Emirates. Gold prices remained relatively steady in 2012, close to $1,700 an ounce. (Photo by Kamran Jebreili/AP Photo)

Four hundred buyers from around the world join 260 diamond manufacturing and trading firms on International Diamond Week as some 1,500 people are expected to trade more than billion of polished diamonds this week in Ramat Gan, Israel on February 16, 2016. The Israel Diamond Exchange is considered the most secure in the world, covering an area of 100,000 square meters with 3,500 bourse members. (Photo by Nir Alon via ZUMA Wire)

Filipino students performs during the parade at the 125th Philippine’s Independence Day at Dubai World Trade Centre on June 10, 2023. (Photo by Leslie Pableo for The National)

In this Monday, October 5, 2015 photo, a thick blanket of early morning fog partially shrouds the skyscrapers of the Marina and Jumeirah Lake Towers districts of Dubai, United Arab Emirates. Dubai's rapid transformation from a desert outpost into one of the world's most architecturally stunning cities is mapped out in the Marina. Where just 15 years ago there was empty, flat land, today a bustling neighborhood thrives centered around a canal and an impressive skyline that pierces through the clouds. (Photo by Kamran Jebreili/AP Photo)

A Brazilian drug gang member nicknamed Pilintra, 26, poses with a gun atop a hill overlooking a slum in Salvador, Bahia State, April 11, 2013. One of Brazil's main tourist destinations and a 2014 World Cup host city, Salvador suffers from an unprecedented wave of violence with an increase of over 250% in the murder rate, according to the Brazilian Center for Latin American Studies (CEBELA). (Photo by Lunae Parracho/Reuters)

Two grasshoppers on the Shark Valley Hiking Trail, at the Everglades National Park near Miami, Florida, USA, 12 August 2025. Located in the southernmost part of Florida, the Everglades wetland is recognized by the United Nations Educational, Scientific and Cultural Organization (UNESCO) as one of the most unique ecosystems in the world due to its unparalleled biodiversity. A lawsuit over the potential environmental impact of the construction of “Alligator Alcatraz” has halted further construction on this new migrant detention center. (Photo by Cristóbal Herrera/EPA)

A boat, center, is surrounded by Japan Cost Guard's patrol boats after some activists descended from the boat on Uotsuri Island, one of the islands of Senkaku in Japanese and Diaoyu in Chinese, in East China Sea Wednesday, Aug. 15, 2012. Regional tensions flared on the emotional anniversary of Japan's World War II surrender as activists from China and South Korea used Wednesday's occasion to press rival territorial claims, prompting 14 arrests by Japanese authorities. The 14 people had traveled by boat from Hong Kong to the disputed islands controlled by Japan but also claimed by China and Taiwan. (Photo by Yomiuri Shimbun/Masataka Morita/AP Photo)