Bahrain could host World Jewellery Confederation Congress

Published on Thursday, 12 April , 2018 87 Views

Events

#Bahrain #Manama #World Jewellery Confederation Congress

Manama, capital of Bahrain, could host the 2019 World Jewellery Confederation CIBJO Congress.

UAE, KSA, Kuwait to Enhance Bahrain Fiscal Stability

The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…

During a visit to the kingdom, the president of the self-described “United Nations of the jewelry business,” Gaetano Cavalieri, met with Yaser Alsharifi, chairman of DANAT, the Bahrain Institute for Pearls & Gemstones, who brought up the idea of the new location for the next year’s meeting.

Hosting 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.

According to a press release, DANAT aims to become an internationally-recognized institute for third-party verification services and scientific research into pearls and gemstones.

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.

Bahrain to Implement VAT in 2019

Bahrain will be the next country to implement five per cent value-added tax (VAT) after the UAE and…

Keywords: Bahrain Manama World Jewellery Confederation Congress
Category Events | 2018/04/12 latest update at 10:51 AM
Source : Internet | Photocredit : Google

88 Views
Comments Add comment

The Smile Initiative: helping sick children in...

The E/O: Natalie Duran (Rock Climbing)

Bahrain a modern and beautiful country

The editorial staff of Bahrain Today would like to give all of its readers from Gulf and Bahrain and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Bahrain Today with a short text.

Do you have information you want to reach our readers?

Send article/s

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.