Manama, capital of Bahrain, could host the 2019 World Jewellery Confederation CIBJO Congress.
The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…
14 | the publication reaches you by | Bahrain NewsHosting such a gathering would boost the work of recently-formed DANAT, which is a wholly-owned subsidiary of the Bahrain Mumtalakat Holding Company, the kingdom’s sovereign wealth fund created in 2006 with the objective of pursuing long-term opportunities for the country’s state-owned, non-oil and gas-related assets.
To work towards that goal, the company has upgraded a 27-year pearl and gem-testing laboratory that, when created, was the first such facility in the Middle East. Bahrain’s pearling industry traces its history back 4,000 years.
In the media statement, CIBJO’s president highlighted that his organization strives to partner with businesses that look for global growth opportunities from an ethical perspective.
“For that to happen, however, the proper infrastructure and a wealth of knowledge are required. This is what we are seeing in Bahrain. Its impact on the markets in the Gulf region, the Middle East and far beyond is likely to be tremendous,” Cavalieri said.
The idea of the kingdom hosting the Congress still has to be run by the CIBJO board of directors.
ONE of the largest jewellery retailers, Malabar Gold and Diamonds, has launched a special collection of diamond and…
20 | the publication reaches you by | Bahrain News
Do you have information you want to reach our readers?
You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Bahrain, the Gulf and the world.
The Arab states of the Persian Gulf are the seven Arab states which border the Persian Gulf, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).This excludes the non-Arab state of Iran. All of these nations except Iraq are part of the Gulf Cooperation Council (GCC).
