JNA May/ June 2023

MARKET INTELLIGENCE 56 | JNA May/June 2023 The future is bright for Jewellery, Gem & Technology in Dubai, which industry players say is poised to become the region’s premier sourcing event over the coming years. 迪拜珠宝 首饰及科技展圆满结束,业界认同其将成为区内首屈一指的采购盛事,前景一片光明。 | Bernardette Sto. Domingo 杜明高 | High hopes for promising B2B fair in Dubai JGTD有望跻身顶尖B2B展会 JGTD: Industry stakeholders are upbeat about prospects for Jewellery, Gem & Technology in Dubai (JGTD), citing the city’s growing status as an international jewellery, diamond and coloured gemstone trading centre. The fair, which held its second edition from February 12 to 14, 2023 at the Dubai World Trade Centre (DWTC), recorded a 20 per cent increase in buyer numbers, driven by an influx of new and returning buyers from 95 countries and regions. Organised by Informa Markets Jewellery and Italian Exhibition Group SpA (IEG), the event hosted close to 350 suppliers from 25 countries and regions spread across an expanded show floor that was 46 per cent bigger than the inaugural edition. Tawhid Abdullah, chairman of Dubai Gold and Jewellery Group (DGJG), said the city was in need of a major B2B platform such as JGTD to bolster its status as the “City of Gold and Jewellery.” “Challenges can be expected, but we are in the right direction,” Abdullah commented. “We hope to be on the map of leading B2B exhibitions in the next five years. We do not expect this to happen in a year or two, but we are very optimistic.” Meanwhile, Ahmed Bin Sulayem, executive chairman and CEO of Dubai Multi Commodities Centre (DMCC), said JGTD 2023 was a strong signal of Dubai’s international presence and unprecedented growth. City of opportunities India-based diamond manufacturer Venus Jewel joined JGTD for the first time in 2023, with the aim of meeting potential clients and fortifying its presence in the Middle East. “Dubai as a growing market and diamond hub deserves a good exhibition and JGTD has the makings of becoming a premier trade show in the region,” shared Devansh Rajesh

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