Dubai International Jewellery Week set to get underway

20/11/2012 - Dubai Investment News Posted by Neil King
Dubai International Jewellery Week set to get underway

Dubai International Jewellery Week is set to get underway in the city on November 21st.The event - which will run for four days - will see more than 100 top buyers and wholesalers from the Middle East and beyond descend on the UAE.Dubai is the second largest re-distributor of gold bullion in the world and is also one of the top four diamond trading hubs, which makes it a perfect place to host such a high-profile occasion.Held in the Zabeel Hall at the Dubai International Convention and Exhibition Centre, the event will consist of three shows - Areeq Dubai, Jewellery Collections Dubai and Jewellery Trade Dubai.The city is renowned for attracting wealthy visitors thanks to its plethora of luxury boutiques and high-end jewellery stores.As a result, the most prestigious companies in the world are keen to set up a retail base in the emirate, as they know there is huge demand for their upmarket products.Trixee Loh - senior vice president of Dubai World Trade Centre - said the jewellery extravaganza will be a really special occasion."From a business perspective the show delivers exceptional results, both as a strong transactional platform and for its networking and business relationship value," she remarked."There is no other event in the region that attracts the calibre of exhibitors, buyers and retailers nor [do they have] the geographic reach that Dubai International Jewellery Week has."This is just one of many international exhibitions that have taken place in Dubai this year.Hotel owners throughout the emirate have reported impressive occupancy rates, thanks in no small part to the plethora of conferences held at the Dubai World Trade Centre.Many of the events are staged annually, so 2013 will also be a busy year for hoteliers - many of whom will be able to charge a premium for their rooms when major shows are taking place.This is something that has not escaped the attention of foreign investors and the demand for luxury accommodation in the UAE continues to rise.