In a major relief to tourists and local buyers in Dubai, the jewellery shops now cannot charge an additional fee of 2.5 per cent as they have already been given the cushion of three to five per cent to cover any losses. As Mohammad Lootah, Executive Director, Commercial Compliance & Consumer Protection, DED, told reporters in a briefing that jewellery shops in Dubai cannot charge customers paying by credit a 2.5 per cent fee over the display price because the retailers have been given cushion of three to five per cent to cover any losses. 

It may be recalled that Dubai Gold and Jewellery Group advocates for the maintenance of a 3-5 per cent mark-up over the international commodity price in order to protect the interest of the local gold & jewellery industry. 

In the meanwhile, the consumer protection body is also considering a proposal to include craftsman or making charges on the purchase receipt so that the customers know the gold prices and the money they paid for the making charges.