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Dubai Gem & Jewellery Fair Kicks Off

March 20, 14 by Danielle Max


From (L) to (R) Vipul Shah, chairman, GJEPC, Ahmed Bin Sulayem,
executive chairman, DMCC, H.E. T. P Seetharam,  India Ambassador
to the UAE at the opening of the GGJF

(IDEX Online News) – The First Dubai Global Gem & Jewellery Fair begins today (Thursday). The invitation-only event, which is being hosted by the Dubai Multi Commodities Centre (DMCC) and the Gem & Jewellery Export Promotion Council (GJEPC) of India, features 130 exhibitors and more than 600 select international buyers.

 

"At DMCC we always look at new ways of connecting industry participants to strengthen international trading relations. The inaugural Dubai Global Gem & Jewellery Fair (GGJF) provides the ideal environment for international buyers to trade in top-quality precious gemstones, diamonds and couture jewelry,” said Ahmed Bin Sulayem, executive chairman of the DMCC.

 

“The GGJF also brings to Dubai a new wholesale jewelry market and buyers from over 25 different countries to the Emirate.”

 

“The UAE is one of the top 13 gold consuming countries and accounts for 40 percent of India’s gem and jewelry exports,” said Vipul Shah, chairman of the GJEPC. “With India being the world’s leading diamond-cutting and polishing center and fast emerging jewelry hub, it is only natural that the first international initiative hosted by the Council is in Dubai.”

 

Shah added that Dubai is the single largest destination of Indian gem and jewelry products. In 2013, India’s gem and jewelry exports totaled $36.4 billion, of which $14.4 billion worth of exports were to the UAE.

 

The GGJF takes place at Atlantis, The Palm until March 22. The event includes retailers, manufacturers, wholesalers, importers and exporters of the worldwide jewelry industry. Exhibiting jewelry companies include Dhamani, Rosy Blue, Gitanjali Gems, Kama Schachter and Jewels Emporium.

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