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Exclusive Jewellery on ShowMany international jewellery brands will launch their latest designs at a major 'trade-only' show to be held in Dubai from November 29 to December 1.
Companies aim to cash in on rising gold sales in the region, said organisers of Middle East Exclusive show.
According to the World Gold Council (WGC), the GCC states' retail gold sales for the second quarter of 2004 rose by 22 per cent from $1.03 billion to $1.253 billion vis-à-vis the same corresponding period in 2003,
'This year around 150 exhibitors across product categories, including fragrances, jewellery, gift and fashion items, to luxury confectionery, fine food and tobacco goods will be at the show,' said Justin Boutros, managing director, Channels Exhibitions, organisers of Middle East Exclusive.
Kuwait witnessed the largest growth in states' retail gold sales of 28 per cent, Saudi Arabia - the Gulf's largest market - 23 per cent, the UAE 21 per cent, Bahrain 20 per cent Oman 18 per cent and Qatar five per cent.
In addition, the rising gold sales at regional duty free outlets, Dubai Duty Free - up by 40 per cent, Kuwait Duty Free up 21 per cent and Abu Dhabi up 14.08 per cent, has made the region very attractive to global jewellers.
Middle East Exclusive, the region's only trade exhibition for the luxury goods, duty-free and travel retail industry, will
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23/11/2004 | Viewed 9,491 time(s)
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