Growth expectations jewelry sales in Dubai by between 5-7% during the current year
Jewelry sales rose in Dubai by between 5-7%, according to the views of the participants in the exhibition “Vicenza Oro Dubai” to Mjohratemtoukaan that increasing growth rates as we get closer to organize Expo 2020, which is expected to double the number of tourists coming to Dubai, Mfattan that exhibits jewelry Dubai promote Dubai as a global capital of the undisputed ancient jewelry, as well as being a prime destination in the world of luxury.
He said Ahmed bin Sulayem, Executive Chairman of Dubai Multi Commodities Centre, said that although the global markets for precious metals (especially gold) has seen changes dramatically during 2014 where we have seen a significant correction in the gold price, however, is noted for us and in the region, the UAE is the continued flow of precious metals trade from West to East, citing a growing diamond trade than $ 5 billion in 2002 to reach today to $ 30 billion.
The head of the Gold and Jewellery Group Dubai Tawhid Abdullah, there will be growth in demand for jewelery in Dubai, backed by rising numbers of tourists coming to Dubai, expected to reach jewelery demand growth rate by the end of 2015 between 5 and 7% .. In addition to this ratio increasing whenever shrunk between now and Expo 2020, it is the year to last until the Expo is expected to gold jewelry sales are rising as the most popular among tourists coming to Dubai goods, especially the Gulf.