Why Dubai

  • The UAE's gross domestic product (GDP) in real terms will grow 2.5% in 2010 (according to report released by Shuaa Capital)
  • Stronger growth for the Middle East with the number of high net worth individuals in the region expected to increase by 9% in 2010 (UBS)
  • Countries in the Middle East, led by the United Arab Emirates (UAE), are major consumers of gold globally. Dubai, part of the UAE, is the largest importer and consumer of gold in the Gulf region (Commodity Online)
  • Nearly 90% of gold purchased by consumers in Middle East is in the form of jewellery (World Gold Council)
  • Custom duty as low as 5%

“We have been coming every year and I can honestly say this year has been busier for us. What we are finding both here and in the rest of the world is a shift towards value-based jewellery in the current climate.” Sushil Jain, Partner, Dialmaz

"We are very satisfied with the show, and despite the market condition, the response has been very good,” said Arun Bhatnagar, Deputy General Manager, Rosy Blue. “We saw a good number of customers. In terms of business, we had good participation.”

"This is our first country participation at Dubai International Jewellery Week and all participating companies had achieved their desired results doing business here in the Middle East. They hope to see more wholesale and retailers, interested in products from China. We look forward to a bigger and better China delegation for the show next year." David Jiang, Guangzhou Chuangxiang Exhibition Co.,Ltd., Organiser of China Pavilion

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