A bıgger and brıghter JGT Dubaı awaıts
Building on the success of its maiden edition, Jewellery, Gem & Technology Dubai (JGT Dubai) is returning to the Dubai World Trade Centre (DWTC) from 12 to 14 February 2023 with more world-class exhibitors, product introductions andthe second annual JWA Dubai Awards Presentation Ceremony and Panel Discussion. Designed around the show theme, “The Centre of Business,” and positioned as “the
B2B fair to expand international business into new markets,” JGT Dubai is seeing solid demand for booth space from international suppliers angling for a strong start to the buying season. The second edition aims to present the latest offerings of about 400 major suppliers from more than 20 countries and regions, representing at least a 30% increase in exhibitor numbers compared with the 2022 inaugural show. The sourcing event is also adding a new hall to meet firm demand for booth locations, effectively expanding the show’s gross exhibition space by 40% to about 15,000sqm. The first sourcing experience of its kind in 2023, JGT Dubai is a joint venture of two of the industry’s leading events groups namely, Informa Markets Jewellery – organiser of the world’s biggest fine jewellery marketplace, Jewellery & Gem WORLD Hong Kong (JGW), which is making a full return to Hong Kong next year, and Italian Exhibition Group SpA (IEG), organiser of Vicenzaoro, one of the most influential jewellery shows worldwide and the top European trade fair in the sector. Their combined resources, global reach and local knowledge is further enhanced by the support of DMCC (Dubai Multi Commodities Centre), JGT Dubai’s Official Partner, and the Dubai Gold and Jewellery Group (DGJG), the fair’s Industry Partner.
Adding excitement to the JGT Dubai show floor is the second annual JWA Dubai Awards Presentation Ceremony and Panel Discussion, which will take place on Day 1 of the fair. The regional edition of Informa Markets Jewellery’s Jewellery World Awards (JWA), JWA Dubai is one of the industry’s most prestigious yearly celebrations of exceptional individuals and businesses within the Middle East’s jewellery and gemstone sector.
Information Classification: General For the 2023 edition, the Awards will have four categories, namely, Brand of the Year – Retail, Outstanding Enterprise of the Year, Outstanding Coloured Gemstone Enterprise of the Year and Young Entrepreneur of the Year (age 40 or below). The 2023 winners will be announced in December. The fair also precedes the International Colored Gemstone Association (ICA) Congress, which will be hosted by DMCC from 15 to 17 February at the Almas Conference Centre. The Congress is a unique event that brings together leaders in the coloured gemstone sector.
A sourcing destination that is on the rise, JGT Dubai 2023 counts industry-leading companies representing the finished and semi-finished jewellery, loose gemstone and jewellery technology categories among its exhibitors. The list includes diamond manufacturers Choron Diamonds DMCC, G. Arabov, Hari Krishna Exports, SRK, Taché and Yondor Diamonds; coloured gemstone specialists Blue Gems Supplier, Emerald 18, Noor Gems Japan and Takat Gems USA, and finished jewellery producers Chrysos, Graziella Group, KGK Jewellery (HK), La Marquise Diamonds & Watches, and Royalking Jewellery, to name a few. Jewellery technology solutions providers, including Balestri Technologies, Graphite Hi Tech and Sisma, will also have a strong representation at the fair. “JGT Dubai is perfectly timed for an industry that is poised for a strong comeback in Returning bigger and brighter to serve as the trade’s premier meeting point, this is the marketplace where our community can get the rally going by closing in on first-quarter transactions,” said David Bondi, Senior Vice President of Informa Markets in Asia.
“There has never been a more important time than now for our industry to pull together, rebuild and drive new revenue opportunities. We are calling on our community to join us in this exciting season of reopening in one of the greatest places in the world to do business – Dubai.” Much like Hong Kong, Dubai has a vibrancy and magnetic energy unlike any other city in the world, added Bondi, noting that the emirate’s unique status as a global tourism destination and the business centre of choice for the world’s biggest companies makes it the ideal venue for JGT Dubai. Echoing Bondi’s sentiments, Corrado Peraboni, Chief Executive Officer of Italian Exhibition Group, commented, “JGT Dubai is preparing a second, larger and even fuller edition in 2023, which confirms the strategic choice of Dubai as the centre of
the gold business and gateway to the Middle Eastern, African and West Asian Information Classification: General markets. The enthusiasm with which operators have welcomed this new initiative and the high percentage of reconfirmations for 2023, give even more value to the joint work of all partners, who have combined skills and experience to generate new development opportunities for the sector. We are extremely satisfied and confirm our commitment to serve the industry. We support innovation in products, processes, procurement policies and business strategies as a key competitive factor at every
level of the value chain, which is represented in its entirety at JGT Dubai.
At the show, buyers will be able to implement the best sourcing choices to increase their competitiveness by meeting leading companies and top professionals in such a fantastic global trade destination like Dubai, the ideal place to increase business.” With events such as JGT Dubai, DMCC aims to spark global dialogues that will facilitate the flow and exchange of knowledge, the adoption of best practices and the
deployment of new technologies to create an innovative and a sustainable industry. Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, said, “Dubai has become a global focal point for both the precious metals and precious stones industries, so there is no better place to hold such an important B2B trade show. Through our own events and as part of our mandate to attract and promote trade through Dubai, we have always found the greatest success by connecting industry stakeholders and facilitating new trade opportunities. This is exactly what JGT is all about, so we are very much looking forward to being a part of JGT Dubai once again.”
As companies begin their recovery from nearly three years of disruption, the international B2B sourcing event is anticipated to draw a high concentration of buying power in the industry. DGJG Chairman Tawhid Abdullah commented, “Post the successful inaugural edition this year, we are very keen to see the second edition of JGT Dubai evolving and establishing as one of the most sought-after B2B trade shows in the global jewellery calendar. We sincerely hope that the show will propel the growth of the local jewellery trade while paving the way for international buyers to consider Dubai for their jewellery requirements.”
JGT Dubai’s launch edition, which was held from 22 to 24 February 2022, drew 4,244 visitors from 100 countries and regions who made 6,001 visits throughout the show period. International buyers had a significant presence at the fair, accounting for 46.2% of unique attendees. Among them were 200+ hosted wholesalers, retailers and brands from Eastern Europe, the Middle East, North Africa, South America and South Asia.
The 2022 edition presented a curated selection of exhibitors comprising more than Information Classification: General 300 quality suppliers from 23 countries and regions. The UAE’s unique positioning in the region further highlights Dubai’s strengths as a global jewellery and gemstone marketplace. In 2022, the Emirates entered into Comprehensive Economic Partnership Agreements (CEPA) with India, Israel and Indonesia to reinforce its status as a global trade and logistics hub. CEPA talks with Cambodia, Georgia, Kenya, Pakistan, the Philippines, South Korea, Türkiye and other economies are ongoing.
A world-leading diamond trading centre, Dubai likewise oversaw close to US$20 billion-worth of diamond transactions in the first half of 2022, an increase of 24.7% compared with the same period last year, according to the Dubai Diamond Exchange.