Demand from Asian and European markets shows encouragement in the times of the US recession
Less than a week after an unprecedented multi-million dollar heist on a Graff store in Dubai, another jewelry shop in the United Arab Emirates was hit by thieves over the weekend.
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As per reports thieves raided the Al Insaf jewelry shop at Madinat Zayed in Abu Dhabi early Saturday, April 21, 2007, forcing open the shutters, after which they broke a window and cleared out items in the window display.
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Jewelry worth approximately $272,000 was taken in the raid, according to reports.
A week earlier, a gang of thieves took off with more than $13 million worth of goods from a Graff store at the Wafi City mall in Dubai. Dubai authorities determined the gunmen who carried out the Graff theft are linked to some 130 similar robberies in Europe. $$
No arrests in either case have yet been made.
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