Sunday, November 24, 2024
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Home Articles Cabinet Approves Amendment to Precious Metals and Precious Stones System

Cabinet Approves Amendment to Precious Metals and Precious Stones System

by Eng Hanan
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The Cabinet has approved amendments to the system governing precious metals and precious stones. The detailed decision includes updates aimed at improving regulatory oversight, enhancing transparency in trade, and ensuring the protection of consumer rights. These changes will impact various aspects of the industry, including licensing, trade practices, and the classification of metals and stones. The goal is to align the system with international standards and strengthen the integrity of the precious metals and gemstones market. Further details on the specific amendments will be shared in the official decree.

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