Stamping and Scales Authority unveils new law for gold manufacturers

Ahmed Suleiman, Chairman of the Stamps and Scales Authority, indicated that the Ministry of Supply and Internal Trade gave gold manufacturers a period of three months to place their trademarks on gold jewelry.

This comes within the framework of the amendments to the new law and the provisions for monitoring the movement of the local market.

Suleiman added that the authority reviewed a number of trademarks submitted by some firms and presented them to the advisory and technical office of the ministry in order to determine their decision.

Meanwhile, the ministry is discussing the introduction of amendments to Law No. 68 and 91 regarding gold and precious metals.