Dubai welcomes world gem trade with new show

by eyetee | October 20, 2008 12:00 am

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Ethical trade was one of the main drawing cards for buyers attending Dubai’s inaugural gem show, organizers say.

More than 100 exhibitors from the coloured stone industry displayed their wares at the ICA International Gem Show Dubai 2008.

Held under the patronage of the Dubai Multi Commodities Centre (DMCC) and organized by the International Colored Gemstone Association (ICA), the event was developed in response to Dubai’s reputation as one of the world’s fastest growing jewellery hubs.

Gaiti Rabbani, DMCC executive director, coloured stones and pearls division, said turnout for the three-day show was positive.

“We are very pleased with the response received for this gem show, which underlines Dubai’s position as a new global hub for the trade of cut and rough coloured stones.”

ICA president Andrew Cody said part of the show’s success is attributed to government support.

“The government of Dubai and DMCC’s role in particular in further developing the coloured stones trade has clearly positioned Dubai as the ideal location for a dedicated trade fair”¦This [is] a compact and luxurious show where buyers have confidence they are dealing with ethical traders.”

The first two days of the show were dedicated to the trade and the third was open to consumers who are free to purchase. The show included exhibitors from countries like Brazil, China, Colombia, Germany, Russia, and the United States. All were required to sign ethics agreements.

Source URL: https://www.jewellerybusiness.com/news/dubai-welcomes-world-gem-trade-with-new-show/

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