Bahrain, The Place of Records
Here a short report on the 27th edition of Jewellery Arabia 2018, the leading jewelry and watch showcase in Middle East, closed on the 24th of November
«This event is an amazing show for us and we look forward to it every year.»
Numbers are everything in every kind of business. Expecially in luxury biz, and the final report of Bahrain’s Billion Dollar Jewellery Showcase, Jewellery Arabia 2018, is an escalation of big numbers and records. Over 55,000 visitors from 48 countries across 21,000 square meters at the Bahrain International Exhibition and Convention Centre, 561 exhibitors from 31 countries.
Jewels, gems and watches worth over US$ 1 billion on display and total sales exceeded US$ 31 million, marking a 20% increase on the 2017 edition. It’s just enough to say that «Reflects Jewellery Arabia’s continuing strength in the Middle East and its position as a leading event in the global industry calendar,» said show organiser UBM AEM’s Director of Sales and Marketing Fawzi Al Shehabi. Visitors from Saudi Arabia – the Middle East’s largest market – accounted for 23% of the show total. Major exhibitor Bahrain Jewellery Centre’s Managing Director Dina Shirazi described the Bahrain market as ‘refined’, adding, «this event is an amazing show for us and we look forward to it every year.» Visiting the show, DMCC Executive Chairman Ahmed Bin Sulaymen remarked, «I am beginning to understand why Jewellery Arabia is the most successful and biggest jewellery exhibition in the Middle East. I will be attending this exhibition every year from now on.»
«The gold and jewellery industry is a genuine Bahraini heritage»
This has been the 27th edition of the show, and speaking at the opening the Prime Minister of the Kingdom of Bahrain Prince Khalifa bin Salman Al Khalifasaid, «the gold and jewellery industry is a genuine Bahraini heritage, and we are very proud of the reputon of Bahraini gold jewellery in the region and neighbouring countries. We are keen to support this industry and preserve it in a way that maintains its historic and long-standing status.» Returning participants, many of these high profile international exhibitors used the event as a platform to introduce exclusive collections and limited edition pieces to the Middle East collectors’ market. Complementing these iconic brands were 7 national groups from leading jewellery export countries. They included returning delegations of the finest retailers, designers and manufacturers from Hong Kong, India, Lebanon, Singapore and Thailand.
