DUBAI - “The City of Gold”
Historically, Dubai has always been a major regional centre for the gold and diamond trade, valued by merchants for its proximity to the world’s major consumer markets of the Indian Subcontinent, Africa and East Asia. Its strategic location and secure environment make it ideally suited as a central hub for the distribution of Gold and Diamond Jewellries worldwide.
Tourism is a rapidly developing phenomenon with an estimated target of 12 million tourists inflow by the year 2014. With approximately 90% of the current 5 million tourists who come to Dubai every year visiting a Jewellery Store, it is certain to play a significant role as an internationally recognized Gold and Jewellery Centre. The business of Gold and Jewellery is no longer restricted to its traditional markets. Business is opening up and the new generation of customers are looking at a more professional and modern approach to this business as a result of which more and more retailers are eyeing the upcoming Malls and Luxury Hotels as a new Business Hub.
Art-Oro’s management aims to exploit this opportunity to fulfill its vision, which is to utilize its existing client base in the UAE and abroad, regional contacts, and Management’s technical expertise and knowledge of the gold and diamond industry to successfully expand gold and diamond jewellery business