The inaugural Dubai Global Gem & Jewelry Fair (GGJF) a joint initiative of the Gem & Jewelry Export Promotion Council of India (GJEPC) and the Dubai Multi-Commodities Center (DMCC), supported by the Dubai Gold & Jewelry Group (DGJG) will be held at Atlantis, The Palm, the majestic 5-star hotel, situated on the iconic Palm Island, from Thursday, March 20, 2014 to Saturday, March 22, 2014. The Fair intended to become a regular event in the international gem and jewelry show/fair calendar, would hopefully emerge as a truly global business to business (B2B) event in which selected buyers from across the globe would participate by invitation, creating ample business opportunities for both buyers and sellers.
By organizing this global gem & jewelry fair, while the DMCC hopes to establish Dubai as a global trading hub for gem and jewelry, also catering to the enormous requirements of the Middle-East, Africa, Eastern Europe, Russia and the CIS region, the GJEPC intends to establish India as one of the most favorable destinations for sourcing not only loose cut and polished diamonds and colored stones, but also fine jewelry of exquisite designs set with such gemstones, as well as plain gold/silver/platinum jewelry. In the context of Dubai being situated midway between the producing and consuming nations, with its unrivaled infrastructure such as world-class cargo facilities, ports and airports, and its position as one of the top three diamond trading centers in the world, with around US$ 40 billion worth of diamonds passing through DMCC’s Dubai Diamond Exchange annually, Dubai is ideally suited for its future role as the hub of the international gem and jewelry trade and thus becomes a natural host city for such an international event.
With the exhibition space spread over 3,100 square meters, accomodating 164 booths and around 130 exhibitors, mainly from India and the Gulf Co-operation Council (GCC), the Dubai GGJF will provide an ideal platform for international buyers and sellers, as they seek to trade top quality gems and couture jewelry during the three-day event, where invited visitors from across the globe including GCC, KSA, Egypt, Lebanon, Bangladesh, Singapore, Eastern Europe, Russia, South Africa, Sri Lanka, Turkey, Pakistan and Malaysia, will take part.
The show will be hosted in the three Ball Rooms of the Hotel, with dedicated areas for Studded Jewelry, Plain Gold/Silver/Platinum Jewelry and Loose Gemstones and Diamonds – The Atlantis Ball Rooms (A, B, C, D & E) dedicated for diamond and gemstone studded jewelry will have 85 booths; the Silk Ball Rooms dedicated for plain gold/silver/platinum jewelry will have 51 booths and the Spice Ball Rooms dedicated for loose gemstones and diamonds will have 28 booths; making a total of 164 booths.
According to the List of Exhibitors published at the following URL :- http://www.ggjfdubai.com/list_of_exhibitors.php
there are 64 exhibitors in the studded jewelry section; 47 exhibitors in the plain gold/silver/platinum jewelry section and 13 exhibitors in the loose gemstone and diamond section already registered for the show, making a total of 124 exhibitors. The show timings for each of the three days will be from 10.00 a.m. to 7.00 p.m. and the 500 buyers selected for invitation from across the globe represent retailers, manufacturers, wholesalers, and importers and exporters of the jewelry industry worldwide.
Ahmed Bin Sulayem, the executive chairman of DMCC, addressing a press conference held at the Almas Tower, the tallest commercial tower in the Middle East, said, “It is vital to continuously create new opportunities to nurture international relations with strong trading partners such as India. That is why we are collaborating with the GJEPC to introduce the inaugural ‘Global Gem & Jewellery Fair’ to the region and the GCC market. We are proud to host this event and to welcome industry participants from across the globe to Dubai. Dubai has quickly emerged as one of the leading global centers for trade of gold, diamonds and precious stones. Combine that strength with the Emirate’s ideal location between the producing and consuming nations along the New Silk Route and its unrivaled infrastructure including world-class cargo facilities, ports and airports that connect to over 220 destinations – the Emirate is all set to host the GGJF 2014.”
Mr. Vipul Shah, Chairman GJEPC, said, “India’s competency in Jewellery is well known world over. Indian G & J Industry has been the preferred source for Diamonds, Gemstones and Jewellery from time immemorial, for its inherent Craftsmanship, Quality, Design and Cost efficacy. For years the World has been coming to the source; it is time now to take the source to GCC, the most promising destination for G & J Exports in recent times. The Middle East accounts for India’s 45% of Gem & Jewellery Exports. GJEPC collaborates with DMCC, the pioneers in building state-of-the-art infrastructure for the Free Trade Zone in Dubai, to present Global Gem & Jewellery Fair. The show leverages on Dubai’s recognized status as the luxury retail and financial capital of the region and showcases the finest in Diamonds, Gemstones and Jewellery from crème de la crème of India and GCC.”
Pankaj Parekh, the vice chairman of GJEPC, said, “India’s central role as the sourcing center for diamonds and precious stones jewelry is renowned worldwide. For years traders and visitors to India have enjoyed the craftsmanship, quality, design and cost efficiency – now it’s time we return the gesture and bring the source to Dubai – the most promising destination for the gemstones and jewelry trade in recent times. GJEPC is pleased to collaborate with DMCC – it has established itself as the largest free zone in the UAE and the international leader for commodities trade and enterprise in just over a decade. It is DMCC’s unrivaled track record combined with the determination to succeed that secured Dubai the inaugural Global Gem & Jewellery Fair 2014.”
Saunak Parikh, the international exhibitions convener from GJEPC, said, “The GGJF presents a great opportunity to consolidate India’s exemplary gem and jewelry manufacturing expertise with Dubai’s status as the premier gold, diamond and precious stones jewelry hub to foster and further promote global trade. Spread over 3,100-square-meters and with over 170 booths, around 130 exhibitors will showcase the very best in diamond, gold and color stones. Being a premier invitation-only international trade fair, some 500 select buyers from across the globe will no doubt liaise with exemplary manufacturers and establish ample business opportunities”
The UAE is a global hub for the gold bullion and jewelry trade, with gold jewelry consumption estimated at $2.5 billion, making it one of the top five in the world alongside China, India, the U.S. and Russia. The UAE alone accounts for 40 percent of India’s gem and jewelry exports. Home to thousands of the world’s renowned brands and products, Dubai has quickly emerged as a cosmopolitan metropolis hence, offering the ideal platform for the prestigious GGJF 2014.