Development focus
- Match sourcing to orders; review stock, weights and manufacturing fees.
- Develop products, Durra identity and distribution according to market demand.
Illustrative image · not a record of WGS-owned assetsWGS GROUP · Istanbul, Türkiye
Gold & Jewelry
Current activity · gold factory and retail shop in Palestine
Illustrative sector image · not evidence of an owned asset
Group sector
Current activity and service directions
✦ Current activity · gold factory and retail shop in Palestine
✦ Existing manufacturing cooperation in Türkiye; not a claim of full factory ownership.
✦ Durra was founded by sector director Yousef Awad; family commercial roots date to 1987.
- Gold and jewelry design and manufacture
- Craftsmanship, retail, production cooperation and distribution
Operating model
Understand the model before reviewing the figures.
Durra builds on family experience in gold, jewelry and trade since 1987. An existing factory and retail shop operate in Palestine, alongside manufacturing cooperation with a gold factory in Türkiye. The Turkish cooperating factory is not presented as wholly owned by WGS. Value comes from manufacturing, craftsmanship, branding and distribution, rather than speculation on metal prices.
- 01Study the market
- 02Select products
- 03Source gold and materials
- 04Design and manufacture
- 05Quality control
- 06Sales and distribution
Stage one · strengthen operations
- Strengthen the existing Palestine factory and shop, Durra products and brand identity, and Turkish manufacturing cooperation.
- Develop sales channels, points of sale and digital sales in Türkiye and Europe according to demand and feasibility.
Stage two · assets and infrastructure
- Study a dedicated automated jewelry factory and specialist infrastructure after feasibility and readiness review.
- Study manufacture of supplies for gold factories, including clasps and chains; planned capacity is not an existing new factory.
Durra
What distinguishes this model?
Existing Palestine factory and shop, with Turkish manufacturing cooperation.
Separate metal value from manufacturing and craftsmanship fees; keep periodic weight and stock inventories.
Avoid raw-metal speculation as the basis of profit, align purchases with orders, and review price and geopolitical exposure.
Public profile v1.0 · source pages 7 · 8 · 13 · 14 · 20 · 21
Risks, controls and the WGS connection
Manufacturing, showroom and supply-chain expertise connects the gold sector with the group’s trade and oversight capabilities. Türkiye supports manufacturing cooperation and geographic alternatives; the existing Palestine base remains separately assessed.
Currency exposure
Price and value in suitable currencies and maintain appropriate liquidity. Currency losses remain possible.
Gold-price volatility
Focus on craftsmanship fees rather than metal-price speculation; align purchases with orders and separate metal value from manufacturing fees.
Stagnant inventory
Periodic liquidation through auctions and dealer platforms, with stock monitoring. Resale speed and asset value are not guaranteed.
Regulatory change
Ongoing follow-up with a law firm and certified accountant in Türkiye; each agreement still requires legal and financial due diligence.
Supplier dependence
Diversified procurement and sourcing relationships and alternative supply options.
Asset loss or damage
Comprehensive vehicle, gold-stock and factory insurance where available and commercially viable; periodic inventory and coverage review. Insurance is not a guarantee of complete recovery.
Read the first profile in full, without a request
Sector leadership
Yousef Awad
Durra founder and gold sector director
Direct sector experience supported by family commercial activity since 1987.
11 years of experienceFamily commercial activity since 1987View the leadership structure ↗
WGS INVESTOR RELATIONS
Continue with a study for this direction.
Controlled financial files follow a management meeting and confidentiality agreement where needed. An interest request does not create an investment commitment.