150 delegates expected at World Pearl Forum

More than 150 delegates from leading pearl producing nations are expected to visit the World Pearl Forum, organised by the Dubai Pearl Exchange, a subsidiary of the Dubai Multi Commodities Centre (DMCC). The event is slated to be held between February 17 and 18 at the Atlantis Hotel, Palm Jumeirah, Dubai World has extended its support to the Forum.

Being the first such Forum, the global pearl industry is looking forward to identifying efforts and several fundamental issues, which can be worked upon to consolidate the fragmented global pearl sector and lend to its further growth. A core objective of the Forum is to highlight the importance of reviving the global pearl trade, and focusing on revitalising Dubai’s historic status as a pearl trading hub. Ahmed Bin Sulayem, Executive Chairman, DMCC said, “In addition to strong international attendance, we are honoured that HRH Princess Haya Bint Al Hussein, wife of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE, and Ruler of Dubai, is extending her patronage for the first-ever World Pearl Forum. Her presence and participation truly epitomises our objective in revitalising Dubai’s ancient pearling heritage in a contemporary manner, strengthening the Emirate’s leadership role in shaping the global pearl sector. It also underlines the support that this project continues to receive from the Government of Dubai.”

According to Gaiti Rabbani, Executive Director - Coloured Stones & Pearls, Dubai Multi Commodities Centre (DMCC) “Despite challenging financial conditions, the world’s most significant pearl producers are joining traders, industry experts, and other pearl stakeholders in Dubai next month to speak candidly about the state of the industry and how to collaborate more closely to create visibility and opportunity for this commodity. When we designed and launched the inaugural Forum, the world was a very different place, and today’s reality calls for industry collaboration more than ever before.” said.

Dubai Pearl Exchange’s objective is to develop the global and regional pearl market with specific focus on trading, grading, trade events and auctions alongside trade and consumer education. The World Pearl Forum represents just one component of Dubai’s comprehensive pearl strategy, to revive the region’s historic legacy for the benefit of future generations.