 Jewellery Trade Dubai, the only business-to-business watch and jewellery event in the Middle East, will place a special focus on the diamond industry this year. The booming diamond trade in the region is one of the biggest reasons behind the establishment of a trade element as part of the high profile event. This provides local, regional and international diamond traders with a tailor-made platform to show off their potential. Dubai’s diamond trade has experienced record growth in 2007. That year showed an increase of business in the area of 53%, with a total of $11.23 billion and confirming the Emirate`s role as an international center of diamond trade.
According to the Dubai Diamond Exchange (DDE), the Emirate’s rough diamond trade increased 29% from 2006 to $4.8 billion. Trade in polished diamonds increased 88% to $6.4 billion. This is not the first time that diamonds will have been spotlighted at the show. Last year, the Diamond Academy was launched. This was a big success. Exhibitors and traders will be supported by an extensive workshop program that will include informative presentations on gold, diamonds, pearls and other gems.
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