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DMCC’s Ahmed Bin Sulayem is Recipient of JNA Awards 2014’s Outstanding Contribution Award

HONG KONG, Aug. 29, 2014 /PRNewswire/ — JNA (Jewellery News Asia), organiser of the JNA Awards, is pleased to announce that Ahmed Bin Sulayem, Executive Chairman of DMCC (Dubai Multi Commodities Centre), is the recipient of the 2014 Outstanding Contribution Award.

 

JNA Awards logo 2014
Ahmed Bin Sulayem

Ahmed Bin Sulayem

Bin Sulayem, the second individual to be receiving this annual accolade, will be honoured at the JNA Awards Ceremony and Gala Dinner on 16 September at the InterContinental Hong Kong. The much-anticipated awards event, the culmination of a year-long process, will be held alongside the world’s No. 1 fine jewellery event, the September Hong Kong Jewellery & Gem Fair.

Bin Sulayem’s accomplishments have had an extraordinarily positive and enduring impact, not only on DMCC and Dubai, but on the global gemstone and jewellery industry, according to Letitia Chow, Chair of the JNA Awards judging panel.

Chow added, “Under Ahmed Bin Sulayem’s leadership, DMCC has enhanced the flow of diamonds, precious metals, pearls and other commodities through Dubai – one of the world’s leading trade hubs. His vision and boldness in executing his role at DMCC has led to the expansion of the global commodities sector.

His leadership has not only established Dubai as a major commodities trading hub, but also promoted synergistic collaboration with trading partners in Asia.”

Under Bin Sulayem’s guidance, Dubai has become one of the leading diamond trading centres in the world – ideally positioned, geographically and operationally, to serve a pivotal role in the “New Silk Road.”

Commenting on the award, Bin Sulayem said: “It is an honour to accept this prestigious award on behalf of DMCC and Dubai as testament to the strength and leadership of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai. It is his vision that has enabled DMCC to establish Dubai as the global hub for commodities trade and enterprise, and in doing so making the most of the Emirate’s geographical location between the jewellery and gemstone-producing and consuming countries.”

Bin Sulayem continued, “Today’s gold trade through Dubai has grown from US$6 billion in 2003 to US$75 billion in 2013. The diamond industry has equally grown to some US$39 billion, and Dubai today is ranked among the world’s top three marketplaces for rough and polished diamonds. We are proud to have achieved this in just 10 short years.

“We look forward to continuing on this strong growth trajectory and to further collaborate with our trading partners in mainland China, Hong Kong, as well as other Asian key market players to maximise on the many opportunities that lie ahead.”

Bin Sulayem joined DMCC in 2001 and has since introduced revolutionary infrastructure such as Almas Tower, the tallest commercial tower in the Middle East purpose-built for the diamond trade; and a number of successful products and services, including the establishment of the DMCC Free Zone, the Dubai Gold and Commodities Exchange (DGCX) the Dubai Diamond Exchange (DDE), and other services such as gold refineries, gold and diamond vaults, and the UAE Gold Bullion Coins which were designed to celebrate the accomplishments and vision of the UAE’s leaders. Bin Sulayem has also played a leading role in reviving Dubai’s traditional pearling industry by launching the Dubai Pearl Exchange in 2007. In just over a decade, DMCC has enabled the flow of trade through Dubai to grow immensely while positioning its free zone as the global gateway for commodities trade and enterprise.

Now in its third year, the JNA Awards is an industry-wide event that honours and recognises excellence and achievement in the global jewellery trade with an Asian focus. In 2013, it conferred the Outstanding Contribution of the Year Award to celebrated jewellery master and sculptor Wallace Chan, who has made a significant impact on the global haute joaillerie scene following his spectacular debut at the Biennale des Antiquaires in Paris in 2012.

For the Awards’ 2014 edition, a total of 29 companies and six individuals from 11 countries and regions have been shortlisted across 16 categories.

The event has received an overwhelming response in attendance to the night of the awards ceremony and gala dinner. For more information on the event and past award recipients, please visit www.JNAawards.com.

Notes for Editors:

1. About JNA (www.jewellerynewsasia.com)

JNA is the flagship magazine of UBM Asia’s Jewellery Group. First published in 1983, the title is the leader in providing up-to-date international jewellery trade news with an Asian insight. It features original, in-depth reports by experienced journalists covering the latest developments in the diamond, pearl, gemstone, jewellery manufacturing, and equipment and supplies sectors.

2. About the Headline Partners

2.1 Rio Tinto Diamonds (www.riotintodiamonds.com)

Rio Tinto operates a fully integrated diamonds business from exploration through to sales and marketing. It is one of the world’s major diamond producers through its 100 percent control of the Argyle mine in Australia, 60 percent interest in Diavik mine in Canada, 78 percent interest in the Murowa mine in Zimbabwe and 100 percent interest in the Bunder project in India.

Rio Tinto’s share of the production from its three operating diamond mines is sold through its sales and marketing office in Antwerp, with representative offices in Mumbai, Hong Kong and New York. It also operates a niche cutting and polishing factory in Perth for the rare pink diamonds from its Argyle mine. Rio Tinto is a leading supporter of the Kimberley Process, as well as a founding member of the Responsible Jewellery Council.

2.2 Chow Tai Fook Jewellery Group Limited (www.chowtaifook.com)

Chow Tai Fook Jewellery Group Ltd, a leading jeweller in Mainland China, Hong Kong and Macau, was listed on the Main Board of The Stock Exchange of Hong Kong in December 2011 and has become the world’s largest pure-play jeweller by market capitalisation. Chow Tai Fook is now a constituent stock of the Hang Seng China 50 Index and the Hang Seng Mainland 100 Index. Its principal products are mass luxury jewellery and high-end luxury jewellery products including gem-set jewellery, gold products, platinum and karat gold product, and watches.

The Group’s iconic brand “Chow Tai Fook” and 85 years of operations represent key competitive advantages of its business. The Chow Tai Fook brand is recognised for its trustworthiness and authenticity, and renowned for its product design, quality and value.

The Group has an extensive retail network, with over 2,100 points of sale in more than 470 cities in Greater China, Singapore and Malaysia. It also has a growing presence in e-commerce. The Group’s vertically integrated business model provides an effective and tight control over the entire operation chain from raw material procurement, design, production, to marketing and sales through its extensive retail network.

3. About the Honoured Partners

3.1 Diarough Group (www.diarough.com)

Diarough Group was established in Antwerp in 1975 and owns diamond polishing factories in China, India, Thailand and Botswana, with a network of sales offices around the world. Diarough is known among the most professional and respected names in the international diamond industry.

Diarough believes in building and nurturing long-term business relationships based on mutual trust, finding solutions to business and marketing problems, creating marketable opportunities through innovative products and providing excellent client services.

Its jewellery manufacturing unit Uni-Design has produced many award-winning jewellery pieces, which have been proudly worn by celebrities on the red carpet over the years.

The Group employs over 3,500 people and is engaged in a wide range of diamond business activities like rough trading, cutting, polishing, jewellery manufacturing and marketing to retailers, chain stores, global brands and private labels worldwide. Diarough employs advanced technology and modern work speed with traditional ethical business practices upon which the Company was founded.

3.2 Gubelin Group (www.gubelin.com)

Since 1854, the name Gubelin has stood for the very highest standards in gemstones, jewellery and watches. With its selection of the most sought-after timepieces and jewellery of its own design, the family-run business is represented at all the prime locations in Switzerland: Lucerne, Zurich, Basel, Bern, St. Moritz, Lugano and Geneva. Last November, Gubelin Jewellery established its presence in Hong Kong.

Besides the jewellery boutiques and the Gubelin Ateliers, the group has a newly-established Academy and a world-renowned Gemmological Laboratory. The Gubelin Gem Lab is one of the oldest and most respected institutions of its kind, relied on by dealers, auction houses, royal families and collectors since the 1920s.

3.3 KARP Group (http://www.karpjewellery.com/)

With over four decades of experience and expertise in the diamond trade, KARP caters to international luxury brands. Apart from being a DTC Sightholder, the group is recognised as an “institution” in the industry, using the most technologically advanced manufacturing systems in the business. KARP manufactures a huge array of products, from 0.005-carat goods to stones weighing 10 carats and above.

It excels in the production of certified fine makes, fancy-cut goods and fancy coloured diamonds. The manufacturer is one of the few companies that has achieved up to 5-micron precision in diamond manufacturing.

3.4 Paspaley Pearling Company (www.paspaley.com)

Paspaley Pearling Company is the leading producer of Australian South Sea pearls, supplying strands, loose pearls and mother-of-pearl shells to many of the world’s leading jewellery wholesalers, manufacturers and retailers.

The Paspaley family became involved in pearling in the 1920s and is the world’s only South Sea pearl producer with origins in the natural pearl industry. Paspaley Pearling Company Pty Ltd was incorporated in 1953 and built its success and reputation as a pioneer in the cultivation of South Sea pearls. Today, the Company sets the benchmark for modern pearling practices, operating numerous pearl farms dotted along more than 2,500 kilometres of the remote and pristine coastline of north-west Australia.

Paspaley’s harvest represents the majority of Australian South Sea pearl production and has a well-deserved reputation for exceptional quality.

3.5 Shanghai Diamond Exchange (www.cnsde.com)

Authorised by the State Council, the Shanghai Diamond Exchange (SDE) is the only diamond exchange in China and provides diamond dealers a fair and safe transaction venue under close supervision. It also enjoys a favourable taxation policy and is operated in accordance with international best practices of the diamond industry.

Established in 2000, the SDE is a non-profit, self-regulating membership organisation and a member of the World Federation of Diamond Bourses.

3.6 The Israel Diamond Institute (www.israelidiamond.co.il)

The Israel Diamond Institute Group of Companies (IDI) is a non-profit, public interest company representing all institutions involved in the Israeli Diamond Industry. Israel is one of the world’s leading diamond centres, and the Israeli diamond industry has an illustrious history dating back to the late 1930s.

IDI works for the benefit of Israel’s diamond industry in the areas of marketing and business promotion, international communications, R&D, rough sourcing, professional training, publishing and security consultancy. IDI is responsible for industry participation in major trade fairs around the world, organising Israeli Diamond Pavilions, receptions, press conferences and other events at these fairs.

IDI operates a representative office in Hong Kong, which fosters trade relations with Asian markets.

3.7 The Guangdong Land Holdings Limited (www.gdland.com.hk/en)

The Guangdong Land Holdings Limited (GDLAND), with its headquarter in Hong Kong, is listed on The Stock Exchange of Hong Kong Limited, and is a subsidiary of GDH Limited, which is Guangdong Province’s largest conglomerate operating outside Mainland China.

The principal business of GDLAND is property development and investment, including but not limited to the development and operational management of the innovative commercial real estate, urban complex and industrial business complex. As the strategic arm of GDH Limited, GDLAND engages in the business development of commercial real estate, as well as the projects of urban and industrial complex.

GDLAND’s flagship project, namely the “Buxin Project”, is planned to become the biggest and most advanced jewellery mart in the world, including a large-scale jewellery trading and exhibition centre along with other facilities, with a lot size of over 87,000 square metres. The Buxin Project, which is located in the Buxin area of Luohu district in Central Shenzhen, close to the Shuibei Gold and Jewellery Base, is expected to develop the area into one of the most influential gold and jewellery trading and exchange platforms in China and around the world.

4. About UBM Asia

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia’s leading exhibition organiser and the biggest commercial organiser in mainland China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global presence in 24 major cities with 30 offices and over 1,300 staff.

With a track record spanning over 30 years, UBM Asia operates in 20 market sectors with 160 dynamic face-to-face exhibitions, 75 high-level professional conferences, 28 targeted trade publications, 18 round-the-clock vertical portals and virtual event services for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. We provide a one-stop diversified global service for high-value business matching, quality market news and online trading networks.

UBM Asia has extensive office networks in China, Southeast Asia and India, three of the world’s fastest growing B2B events markets. UBM China has 11 offices in the major cities in mainland China, including Beijing, Shanghai, Guangzhou, Hangzhou, Chengdu and Shenzhen, where we organise more than 70 exhibitions and conferences. In ASEAN, UBM Asia operates from its offices in Malaysia, Thailand, Indonesia, Singapore, Vietnam and the Philippines with over 60 events in this region. UBM India teams in Mumbai, New Delhi, Bangalore and Chennai organise 20 exhibitions and 60 conferences every year across the country.

For more information, contact:

JNA Awards Marketing
UBM Asia (Hong Kong
+852-2516-2184
marketing@jnaawards.com

Photo – http://photos.prnasia.com/prnh/20140828/8521404865 
Logo – http://www.prnasia.com/sa/2010/04/19/20100419602891.jpg
Logo – http://photos.prnasia.com/prnh/20140414/8521402187LOGO

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Legal Matters

Japan Jewellery Fair 2014 Continues to Grow

TOKYO, July 18, 2014 /PRNewswire/ — Japan is one of the largest, most affluent and — importantly — consistently strong jewelery markets in the world. To put it in perspective, Japanese consumers have accumulated savings of a staggering USD 14 trillion, and Tokyo has the largest GDP of any city in the world, exceeding even that of New York.

Ms Moeka Numata, the 2014 winner of the Miss Nippon Grand Prize beauty contest, will make an appearance on stage as the special guest of the event.
Ms Moeka Numata, the 2014 winner of the Miss Nippon Grand Prize beauty contest, will make an appearance on stage as the special guest of the event.
Ms. Moeka Numata, the 2014 winner of the Miss Nippon Grand Prize beauty contest, will make an appearance on stage as the special guest of the event.
Ms. Moeka Numata, the 2014 winner of the Miss Nippon Grand Prize beauty contest, will make an appearance on stage as the special guest of the event.
Ms. Hiromi Nagasaku, a famous Japanese actress, has been chosen as the “Woman of the Year 2014”.
Ms. Hiromi Nagasaku, a famous Japanese actress, has been chosen as the “Woman of the Year 2014”.

The Japan Jewelery Fair (JJF), co-organised by UBM and the Japan Jewelery Association, has played a prominent role for over 20 years for both local and international jewelery buyers as a place for stock purchasing ahead of the autumn, Christmas and New Year retail seasons. Even though the fair experienced a negative impact from the economic downturn precipitated by the Lehman Brothers bankruptcy in terms of the number of exhibitors in 2008, since then the number of exhibitors has been on an upward trend. JJF 2014 will comprise of over 420 exhibitors from 18 countries and regions and is expected to attract more than 15,000 Jewelery professionals.

Japan Jewelery Designers Association celebrates 50-year anniversary

The Japan Jewelery Designers Association (JJDA) will celebrate its 50th anniversary with a members’ pavilion in JJF 2014 for the first time. Leading members of the association, including Mr. Tomoyuki Suganuma, the Chairman of JJDA, will be exhibiting at the fair for the first time and showcase their originally-designed jewelery, rich with uniqueness and ingenuity. In addition to the JJDA pavilion there will be four other designer pavilions at JJF 2014.

Competitive Prices, Top Quality and High Level of Trust: Japan is a great place to buy jewelery!

It is a well-known fact that the Japan pavilion is the most crowded pavilion at the Hong Kong jewelery fairs. Japanese pearls are always one of the leading attractions that capture international buyers’ attention. Recently, Japanese jewelery exhibitors have also been very popular at overseas exhibitions because of their competitive prices and superior product quality. The weakening of the Yen has improved profit margins on Jewelery by 25% compared with just three years ago. So it is time to throw away the stereotype idea that everything in Japan is expensive. Actually, Japan is a great place to buy jewelery.

New Pavilion: Re-Styled Jewelery Pavilion — The splendor of fine jewelery lasts forever!

Re-styled Jewelery, a thriving business trend in Japan, has become a significant market segment. Jewelery companies are purchasing back jewelery items from consumers and remodelling or remaking them for resale. This year for the first time there will be a Re-Styled Jewelery Pavilion at JJF where buyers can meet many of the leading companies in this field and source high quality products at extremely competitive prices.

Bridal Jewelery Zone

Because of their strong tradition of working with platinum jewelery, Japanese jewelery manufacturers have played a leading role in processing techniques for platinum and have been at the forefront of producing high-quality bridal jewelery. The Bridal Jewelery Zone is a showcase of exclusive collections of advanced designs which reflect the latest market trends not only in Japan but also in other Asian countries.

JJA Jewelery Design Award 2014 — Miss Nippon Grand Prize winner to present the award

The JJA Jewelery Design Award, which is hosted annually by the Japan Jewelery Association, is the most prestigious jewelery design contest in Japan. The award is aimed at recognising and celebrating the very best in jewelery designs and designers, and encouraging excellence in creativity, technique and skills.

The winners of this year’s JJA Jewelery Design Awards will be announced and presented with prizes at the fair ground on the first day of the fair. The presentation ceremony on stage will introduce the top eight award winning jewelery items through a fashion show that will bring alive the full creative spirit of the winning designs. Ms Moeka Numata, the 2014 winner of the Miss Nippon Grand Prize beauty contest, will make an appearance on stage as the special guest of the event.

Inaugural Jeweler’s Choice “Woman of the Year” Award

The presentation of the “Jeweller’s Choice: Woman of the Year” award will be held on the stage in the morning of the second day. The values that define women’s lives today are becoming more and more diversified. Enigmatic women enjoy life in multifaceted ways with a variety of senses of worth. To receive the award, the organisers of JJF selected a woman from the worlds of show business, sports and society who are representative of fully enjoying and challenging life in a beautiful manner. This year, Ms. Hiromi Nagasaku, a famous Japanese actress, has been chosen as the “Woman of the Year 2014”. The award presentation ceremony will be held on stage on the second day of the show.

Hiromi Nagasaku is a highly popular and successfully actress in both big-screen films and in television dramas. She is one of the most famous actresses in Japan and is in high demand for film and TV appearances. She is a role model for contemporary Japanese women as someone who is able to effortlessly balance her life as a celebrity, a wife and a mother.

Event Summary

Name:

Japan Jewelery Fair 2014

Dates:

26-28 August 2014

Venue:

Tokyo Big Sight Exhibition Center, East Halls 2 & 3

Organisers:

UBM Japan Co Ltd

Japan Jewelery Association

Supported by:

Ministry of Economy, Trade and Industry

Japan External Trade Organization (JETRO)

Chamber of Commerce of Japan

Japan Pearl Promotion Society

Japan Gold Metal Association

Japan Watch Importers Association

All Japan Watch Retailers Association

Japan Jewelery Designers Association

The Japan Direct Marketing Association

In cooperation with:

Platinum Guild International K.K.

For further information contact:

UBM Japan Co Ltd, JJF Secretariat
Kanda 91 Bldg. 1-8-3 Kajicho, Chiyoda-ku, Tokyo 101-0044
TEL: +81-3-5296-1020
FAX: +81-3-5296-1018
Email: info@japanJeweleryfair.com

Website: http://www.japanJeweleryfair.com

Photo – http://photos.prnasia.com/prnh/20140718/8521404090-a
Photo – http://photos.prnasia.com/prnh/20140718/8521404090-b
Photo – http://photos.prnasia.com/prnh/20140718/8521404090-c

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