News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Rediff.com  » Business » Dubai festival to kick start from Jan 28, gold main attraction

Dubai festival to kick start from Jan 28, gold main attraction

Source: PTI
January 08, 2010 17:25 IST
Get Rediff News in your Inbox:

Dubai shopping festivalThe Dubai Shopping festival to be held from January 28 will attract a decent number of Indian customers, as gold, discounts and promotional offers are expected to be the main attractions at the month long fair.

Going by the past events, "We find that Indian customers are interested in buying gold, availing of discounts and promotional offers," marketing head of Dubai Events and Promotions Establishment Mohammad Kamali told reporters in Bangalore.

"India and GCC are the main markets for us and this year we expect a 10 per cent uptake in Indian visitors," he said.

Out of the 6,000 retailers showcasing their products, 60 per cent are jewellery retailers, he said.

"Indians prefer buying gold because of the new designs and also since many of the gold retailers were connected with some promotional offers or discounts, they could avail of it," he said.

The 15th edition of the festival is expected to gross a turnover of $2.67 billion, he said adding that the slump had no impact on the festival.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!