DMCC hosts 2nd Middle East Gems & Jewellery Forum 2015 in Dubai

MEGJF which is designed to give industry participants a 360 degree view of the future of the Gems and Jewellery trade in the Middle East – brought everyone in the industry together, from artisans and designers to traders and industry experts from all across the globe.

Commenting on the event and the future of Dubai as a global gems & jewellery hub, Ahmed Bin Sulayem, Executive Chairman, DMCC, said:

“Dubai’s non-oil foreign trade during the first half of 2015 reached AED 652 billion; the UAE jewellery industry is one of the top 5 contributors to the UAE economy; the UAE is perfectly positioned at the centre of the world for trade between India and China, the largest markets on earth for gems and jewellery – all key factors that will enable the region to sustain and grow its prominence as a global hub for the gems and jewellery trade.

“Looking to the future, this year’s MEGJF themes focus on how new technologies are revolutionising the industry – themes designed to spark debate and unlock opportunities in the Middle East marketplace.”

The Middle East region plays a complimentary role to the largest gems and jewellery markets in China and India, where the growth of the jewellery sector is encouraging companies to develop cross-trade relationships to satisfy an ever growing population of sophisticated consumers. Jewellery traders and fabricators in Dubai are also seeking to serve new markets coming out of Africa.

Anan Fakhreddin, CEO, Damas and MEGJF title sponsor, said:

“The Middle East has rapidly positioned itself as a vital meeting point for the gems and jewellery industry due to its unrivalled connectivity, consumer demand and appetite for future growth. We are proud sponsors of MEGJF and look forward to contributing to the knowledge exchange with our peers and industry experts that this forum facilitates.”

MEGJF will also see panel discussions and presentations by government officials, industry experts, jewellers and designers on the topics of access to finance, responsible sourcing and quality control; the importance of brand strategies and the Middle East jewellery retail sector, the global gold market outlook, developments in patents and copyrights, and the export of jewellery manufactured in Dubai.

Corrado Facco Managing Director of Fiera di Vicenza & Vice President of DV Global Link (VICENZAORO DUBAI), said: “Events like these create new opportunities among international manufacturers, local importers and new markets through Dubai which has rapidly grown to become one of the world’s leading gems and jewellery hubs. We are proud exhibition partners here at the MEGJF for the second year running and look forward to once more host the VICENZAORO DUBAI in April 2016 to connect industry participants in the coming year as well.”

The MEGJF 2015 sponsors and partners include: Title sponsor Damas, Malabar Gold, Dhamani, Brinks and VICENZAORO DUBAI 2016. Media partners are: The New Jeweller, Capital Business, Executive Woman, Glitz & Glamour, Al Bayan, Bedaya and Arab Economy. For further information visit www.megjf.ae.

About DMCC

DMCC is the authority on trade, enterprise and commodities in Dubai—home to the world’s leading businesses of today, and tomorrow.

The most successful markets create conditions that enable producers, traders and consumers to thrive. DMCC is a Dubai Government Authority committed to developing these ideal conditions and has a strong track record in commodity trade facilitation where we encourage and support business through the platforms we provide. These include our Free Zone, commodity exchanges, legal and regulatory frameworks and our real estate offering.

DMCC is developing the ‘Burj2020 District’ as part of our DMCC Free Zone expansion strategy to provide leading businesses with a commercial property offering unique to the Dubai marketplace.

Indispensable to the economic growth of the nation, we – together with our members – deliver strong performance today, and sustainable growth tomorrow.
DMCC. Made for Trade.
www.dmcc.ae