JGT Dubaı gears up for second edıtıon ın Feb 2023
Jewellery, Gem & Technology Dubai (JGT Dubai) is anticipated to get an overseas boost when it returns for its second edition from 12 to 14 February 2023 at the Dubai World Trade Centre (DWTC), show organisers Informa Markets Jewellery and Italian Exhibition Group (IEG) announced at a virtual press conference today.
Powered by Official Partner DMCC (Dubai Multi Commodities Centre) and Industry Partner Dubai Gold & Jewellery Group (DGJG), JGT Dubai is going full steam ahead with its show theme, “The Centre of Business,” and its positioning as “the B2B fair to expand international business into new markets.”
“As the first global event of its kind in 2023 – the year when the world enters a new phase of reopening – JGT Dubai takes on a more significant meaning. It signals the beginning of a season of product sourcing, networking and collaboration. More importantly, it represents a time of optimism, growth and renewal,” said David Bondi, Senior Vice President of Informa Markets in Asia.
“A lot can change in three years, and it did. The pandemic tested all of us like never before but it also sparked unprecedented partnerships. In 2023, Informa and IEG – with the support of DMCC, DGJG, industry associations and the Government of Dubai – will further leverage the power of collaboration to deliver an even richer JGT Dubai experience. With the progressive reopening of borders and the anticipated rebound in air travel, we expect a greater level of participation among international suppliers and buyers when the fair opens its doors in February.”
Corrado Peraboni, Chief Executive Officer of Italian Exhibition Group, commented, “We are pleased to announce the second edition of JGT Dubai, an event generated from the effective mix of the strategic assets of IEG and Informa Markets together with DMCC (Dubai Multi Commodities Centre) and Dubai Gold & Jewellery Group. The expertise of the partners involved has resulted in an innovative and global hub that, also thanks to the collaboration of ITA, Italian Trade Agency, has already managed to show the potential of interest in finished jewellery and components, gold, silverware and technology for a buyer target centred on those markets that have made the Emirates’ ‘City of Gold’ their commercial capital. We are laying solid foundations for an interesting development of this sourcing event at the service of the entire supply chain.”
JGT Dubai is on track to becoming one of the industry’s top B2B sourcing destinations following its launch in February of this year. The fair offers buyers exclusive access to an outstanding roster of international manufacturers, designers and jewellery ateliers, and the opportunity to explore and discover forward-thinking trends in jewellery, gemstones and industry-related technology and services – all under one roof.
The UAE’s unique positioning in the region further highlights Dubai’s strengths as a global jewellery and gemstone marketplace. In the first seven months of the year, 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 Türkiye are ongoing.
Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, said: “Since the successful inaugural JGT Dubai this year, Dubai has reaffirmed its position as the world leader in the rough diamond trade and is quickly closing in on the market leader for the polished segment as well. Combining this with Dubai’s long-standing history with precious metals and its ability to attract important stakeholders from across the world, the emirate represents the perfect destination for this global event. Building upon the achievements this year, the second edition of JGT Dubai promises to raise the bar yet again, so it is an event not to be missed.”
Tawhid Abdullah, Chairman of DGJG, said, “We are excited to hear that the organisers have further raised the bar for the upcoming JGT Dubai post the successful inaugural edition. We hope the show will continue to grow in terms of exhibitors and visitors. JGT Dubai will surely reiterate Dubai’s position as the leading precious metals, diamonds and jewellery trading hub. We look forward to meeting our peers from around the globe at the show.”
Amedeo Scarpa, Italian Trade Agency (ITA) Dubai Office Director and Trade Commissioner to the UAE, Oman, Pakistan and Afghanistan, underscored the important role that the UAE plays as a springboard for Italian jewellers venturing into the global market.
“Jewellery is Italy’s top export to the UAE, and through the UAE, to a large part of the world. On the other side, we import gold, other precious metals and stones, and we add value to the products, which we then export to many parts of the world. The complementarity between the UAE and Italy is the reason why the Italian Government is once again supporting IEG, Informa Markets, DMCC and DGJG in delivering another great edition of JGT Dubai in 2023.”
Industry leaders said they are looking forward to the full JGT Dubai experience come February.
Cheung King Yau, Chairman of the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA), commented, “I would like to extend my heartiest congratulations to Informa Markets Jewellery and the Italian Exhibition Group for once again joining forces to deliver one of the industry’s top B2B sourcing events of 2023 – the second edition of JGT Dubai. We are confident that JGT Dubai, with the support of DMCC and DGJG, will create exceptional opportunities for Hong Kong jewellers to expand their reach in the high-growth markets of the Middle East and beyond.”
Israeli diamantaires are looking forward to reconnecting with industry professionals from around the world at the Dubai fair, said Aviel Elia, CEO of the Israel Diamond Institute (IDI).
“I would like to congratulate you all for holding the second edition of JGT Dubai, which I believe will become one of the leading B2B fairs in our industry,” Elia said. “Back in February, it was my pleasure to attend the first JGT Dubai, when the IDI hosted the first-ever Israel Diamond Pavilion in a Dubai show. We’re all very pleased to see our strengthening ties and trade, and look forward to finding new and exciting ways for us to cooperate and create an even brighter future for our entire industry.”
Fuelled by the excitement of in-person product sourcing, JGT Dubai’s inaugural edition drew 4,244 visitors 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 from close to 100 countries and regions. 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 300 quality suppliers from 23 countries and regions covering the finished jewellery, loose gemstones and technology categories.