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The revived, rejuvenated Weekly AWJ B2B Newsletter from the only dedicated business portal bringing the latest developments and breaking news on the watch & jewellery industry in the Middle East to the world is back after a brief hiatus!
Whilst economies in recession and markets across the globe have been taking a relentless battering during the past several months, the Middle East has been bucking the international trend. The region’s economies, particularly the GCC, have been surging in recent times, falling over each other to announce spectacular surpluses, sustained growth and hitting record financial benchmarks, thanks to windfall incomes driven by escalating oil prices.
The international premium watch and elite jewellery industry has always had a very strong interest in the Middle East and our breaking news story about the acquisition of a financial stake by the Swatch Group in the GCC Retailer Rivoli (Backed by the Government of Dubai) is a pertinent case in point of the giant Group’s expansionist plans in the region.
The industry exhibition calendar will be active during upcoming crowded Q4-2008 season and our readers will benefit from our first-hand, on-the-ground reporting of several pivotal and heavyweight regional and international exhibitions including the iconic Jewellery Arabia 2008 to be staged in the Kingdom of Bahrain in November 2008.
We warmly welcome your input. Please feel free to share your thoughts, insights, comments, suggestions and opinions you may have on the Newsletter or the many business stories that we cover. Post your observations on info@mpparabia.com. We would be delighted to hear from you.
Meanwhile, stay put for our coverage of these and other news items!
MPParabia Group Editors