Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) is organizing a pavilion featuring leading Indian companies sector of precious stones and jewelery on Jewellery Arabia exhibition, which will take place from 22 to 26 November 2016 in the Exhibition the International Center Bahrain and conferences. Indian Pavilion, located in the second hall of the convention center will be the top 50 companies located on 750 square meters, according to the Council's press release.
Indian exhibitors are used to demonstrate the exquisite craftsmanship and jewelry collections, jewelry containing high-grade diamond.
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "The Middle East has become one of the key and major markets, the volume of which amounted to $ 12.4 billion in 2015. Indian masters have the advantage of preferences and sense of jewelry designs in the Middle East and India are very similar.. This is confirmed by the fact that for many years there has been significant demand for Indian products. Jewellery Arabia gives us a great opportunity to further improve our trade with the region. "
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Annual Investment Conference in the African mining industry, which is considered one of the biggest events on the continent, brings together mining companies, investors and representatives of the States, began its work in Cape Town, South Africa.
Organizers of the conference noted that the main theme of the four-day meeting will be "Investing outside the production cycle" (Investing Beyond Mining Cycles). The conference brings together participants, placing your order to increase investment in the mining industry in Africa.
Managing director of the conference Dzhonatan Mur (Jonathan Moore) said that the event will be dedicated to exploring the possibilities that will strengthen the position of the African mining industry in the current environment.
Most African countries, whose economies are largely dependent on the mining, are in difficult economic conditions, as there are still low commodity prices in the world.
Most of them were victims of oil producers such as Angola and Nigeria, as oil prices remain under pressure.
These countries are the two largest producers of oil in Africa. It is reported that they are in talks with the World Bank's support in terms of low oil prices, weakening currencies and the difficult economic situation.
This year, Nigeria's budget deficit could reach about 3 trillion naira ($ 15 billion) against the previous forecast of 2.2 trillion naira ($ 11 billion), noted in Reuters.
On the other hand, Botswana, the leading manufacturer of the world's diamonds by value, also announced that the budget deficit for the first time in four years.
Finance Minister Kenneth Matambo Botswana (Kenneth Matambo) in early February said that the country's budget deficit rose to 3.8% of GDP (6 billion pula) in the fiscal year that began April 1, 2015. This happened due to the small volume of diamond exports.
"More than ever, we intend to organize a broad discussion on how the mining industry can develop investment strategies that will enable it to flourish at any stage of the cycle," - said Moore.
"This year's conference on investment in mining will be better in content and will provide investors with a more personal experience of cooperation with its members," - he concluded.
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