The Indian festival of Diwali is a major contributor to Dubai's jewellers.
That's according to Anilkumar Pethani, Director at Cara Jewellers, who estimates that 15 to 20 percent of their annul revenue comes from gold purchases during the celebrations.
Pethani told ARN that people save up all year round just to buy during Diwali.
Former Binance chief guilty of money laundering
Changpeng Zhao, the former chief executive of Binance has been sentenced to four months in prison after pleading guilty to violating US laws against money laundering at the world's largest cryptocurrency exchange.
Emirates attracts pilots with higher salaries, new perks
Emirates Airline has announced significant changes to its pilot recruitment strategy, which includes higher salaries, new roles and a radical change to eligibility.
Spinneys increases IPO retail offering due to high demand
Supermarket chain Spinneys has announced its decision to increase the number of shares allocated to the UAE Retail Offering of its IPO due to high demand.
IMF $1.1 billion tranche to help Pakistan's economic stability, says PM Sharif
The disbursement of $1.1 billion by the International Monetary Fund (IMF) will help Pakistan achieve greater economic stability, Prime Minister Shehbaz Sharif said on Tuesday, amid discussions for a new loan programme.
2:00pm - 6:00pm
Brent Black has the biggest stories of the day and the stuff you might have missed.
6:00pm - 7:00pm
An extra hour of the UAE's biggest radio show for your drive home.
BCH:CLB is the hottest new beach club on the shore of Palm Jumeirah and Kris Fade & DJ Dean Curtis are taking over...
It arrived: The UAE's First Mega Music Festival at Expo City Dubai!
The boys tried their 'pick up' lines on Mais Vault and things did not go according to plan...
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
