It is expected to attend the conference of more than 300 delegates representing industry leaders, retailers and bankers from local and global markets, as well as representatives of the Government of Dubai. It is scheduled that the World Gold Council for the first time to disclose the results of a survey carried out recently on the development of sector investment in gold.
Said Chandu Siroya, Vice-Chairman of the Dubai Gold and Jewellery during a press conference held to announce the conference: "facing the gold and jewelry industry with many challenges in the current stage, like other sectors, especially with the rise in gold prices and a slowdown in the current world which has influenced directly on the purchasing power of consumers. but this re-at the same time the confidence to invest in gold as a financial instrument is important. The theme of the investment and gold bullion of the main topics to be discussed at the conference, which emphasizes the importance of Dubai as a regional hub for gold trading, "adding:" TheConference aims to highlight the challenges facing the industry in light of the current economic environment. "
Will also discuss the three speakers from India, the fastest growing market in the jewelry and precious stones, on challenges and new trends in the jewelry sector are: Peugeot Koren, Chief Executive of the Department of Lifestyle in Rilins Ritl, and Sandeep Kohali, Vice President, Retail and Marketing Industries Tanishq Titan, lobby S Nagesh, Vice President, Shopper's Stop Limited.
Said Ahmed bin Sulayem, Chief Executive Officer, "the power of the Dubai Multi Commodities" "pleased the authority of the Dubai Multi Commodities to be patron of the activities of the seventh session of the Conference of the 'Dubai City of Gold 2010' which is an important event for the gold trade and jewelry. The conference will discuss the most important ways to promotegrowth of the sector at the global level. "
Bin Sulayem added, "The authority of the Dubai Multi Commodities very proud to host this year's session of the Conference 'Dubai City of Gold' in the Almas Tower, the highest office tower in the Middle East, which is a major center and diamond jewelry in Dubai.
Have affected the wide fluctuations seen in the past few years in the market for precious commodities, but we are confident of the success of this year's conference in the analysis of market trends and develop successful solutions to building the foundations for the successful launching of this sector, steady and confident steps towards the future. "
Said Ajay Mitra, Managing Director of World Gold Council, Middle East, Turkey and India, "This conference is of special events on the agenda of the precious metals industry, and the opportunity to exchange knowledge and experiences with professionals in the sector. Since its inception in 2003, the conference contributed in strengthening Dubai's position as a geographical important for the global gold trade. "
Mitra added, "We look forward to providing the necessary support for the success of this year's conference attendance and participation of our findings from the survey that we commissioned on the development of new initiatives in the investment sector."
For its part, said Alison Burns, president of regional department of precious metals for the Middle East and North Africa at Standard Bank, "is the Standard Bank of major players in the regional gold markets. Emphasizes our ... our commitment to the precious metals industry in the Middle East. It is known that gold markets, global and regional experience difficult periods due to fluctuation of prices and fluctuating levels of demand by consumers. We look forward to contribute to the provision of banking solutions and business appropriate for investors in the sector. "
