Huge global bid for Dubai Diamond & Jewellery Summit
The Dubai Multi Commodities Centre (DMCC) announced that it has received an enthusiastic response to the inaugural Middle East-China Diamond and Jewellery Summit (MECDJS). Over 500 diamond traders and retailers have confirmed their participation in the summit, which is set to take place at the Atlantis Hotel, Dubai, from November 8-9, 2008.
The summit has so far seen significant confirmed attendance from key diamond trade hubs around the world. This includes 70 Chinese companies representing the Far East, over 150 delegates from Europe and India, and more than 250 participants from the Middle East.
According to Ahmed bin Sulayem, Executive Chairman, DMCC: "The global financial crisis is forcing companies to explore new markets and opportunities, with a shift towards emerging economies in the Middle East, Asia and Africa. In this rapidly changing business environment, DMCC aims to further consolidate Dubai's role as the gateway to the significant emerging markets worldwide. The MECDJ Summit has been launched with this objective in mind."
The inaugural MECDJ Summit will focus on the consumer markets of the 21st century, and aims to enhance trade relationships across the entire value chain of the diamond and jewellery industry between the Middle East and China. The summit builds on the visit to China by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and reinforces ongoing efforts to further strengthen trade relations between both countries.
