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150 confirmed for first World Pearl Forum

January 26, 2009

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Dubai, United Arab Emirates--More than 150 delegates from leading pearl-producing nations will attend the inaugural World Pearl Forum, according to the Dubai Pearl Exchange, a subsidiary of the Dubai Multi Commodities Centre (DMCC), which is organizing the event.

The World Pearl Forum, which is supported by Dubai World, will be held from Feb. 17-18 at the Atlantis Hotel in Palm Jumeirah.

The forum will host 22 pearl experts from the United States to China, including senior representatives from pearl producers, national pearl bodies, certification specialists and jewelry trade experts.

It will highlight initiatives to consolidate the fragmented global pearl sector for increased growth potential in 2009 and beyond, as well as address several fundamental issues, providing participants with the opportunity to debate the latest challenges in the global pearl sector.

"When we designed and launched the inaugural forum, the world was a very different place, and today's reality calls for industry collaboration more than ever before," Gaiti Rabbani, executive director of colored stones and pearls for the DMCC, said in a media release. "The program will highlight and address the very concerns that face luxury industries across the world."

While generating specific solutions and an industry call to action in light of the current economic downturn in luxury goods, a core objective of the World Pearl Forum is to highlight the importance of reviving the global pearl trade and to focus on revitalizing Dubai's historic status as a pearl-trading hub.

"In addition to strong international attendance, we are honored that HRH Princess Haya Bint Al Hussein, wife of HH Sheikh Mohammed Bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai, is extending her patronage for the first-ever World Pearl Forum," DMCC Executive Chairman Ahmed Bin Sulayem said in the release. "Her presence and participation truly epitomizes our objective in revitalizing Dubai's ancient pearling heritage in a contemporary manner, strengthening the Emirate's leadership role in shaping the global pearl sector. It also underlines the support that this project continues to receive from the Government of Dubai."
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