Monday, 10th May 2004 (4225 views)

Dubai's Gold and Jewellery Group has set a benchmark for members to double turnover within the next two years.

Chairman of the group Tawhid Abdullah unveiled his plans for jewellers at an annual meeting celebrating a record-breaking year for Dubai's gold and jewellery trade, according to AME Info.

At the event Mr Abdullah said: "I believe market conditions are right and the major developments planned for Dubai over the next 24 months will help us to meet this new challenging benchmark of success.

"Our industry has grown and prospered over the past decade through setting ourselves ambitious, but achievable targets. I am confident that given the strength and buoyancy of our trade and the retailing excellence of our members we can reach this new target."

The group believes sales will be boosted by increased visitor numbers, better marketing and merchandising, and new specialist retail stores and malls.

Set up in 1996, the group has helped to strongly place Dubai as a city of gold and jewellery.

 

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