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Doha Jewellery and Watches ExhibitionLutwik Chakerdemian* from Yeprem Jewellery in Beirut, Lebanon
 
Staff Reporter

Chakerdemian

Clarity, colour, weight and cutting are the four factors that influence the decision of buyers in diamond business, feels Lutwik Chakerdemian, a trader representing a Lebanese ornament manufacturer at the 5th Doha Jewels and Watches Exhibition.

The exhibition this year is taking place in Qatar's new exhibition premises "Doha Exhibitions Center", from 12 - 17 February 2008, with the participation of 25 local and 450 international exhibitors.

Sharing his views on the growing jewels business in the Gulf Cooperation Council (GCC) states, the Lebanese trader, whose Yeprem Jewellery is taking part in the exhibition for the first time, said few other countries of the region had the kind of business potential that Qatar has at the moment.

Like in any business, every jewel customer is looking for discounts for his purchase and this is more discernible in virtually every deal executed at exhibitions like this.

"However, no one would compromise on the quality of jewels at events like this even if discounts are given," said Chakerdemian, whose father started trading of jewels in 1964 in Beirut.

"Craftsmen from Armenia are in great demand in the diamond industry and you would come across them everywhere in the region's countries," said the trader.

The Lebanese businessman feels that in the GCC states, in particular in the United Arab Emirates and Qatar, there is no specific season for business. "Almost throughout the year, GCC nationals make purchases and now the tendency is to buy ornaments well in advance for daughters' marriage."

Many marriages take place at the advent of summer and actually many parents, especially mothers make purchases here for such weddings, pointed out Chakerdemian.

The trader feels that business is booming in Qatar in recent years and a number of manufacturers are focusing their attention these days on the country's ornaments market than ever before. "Only when events like exhibitions are hosted, customer gets opportunities to know about more products available in the jewel industry," he said.

The trader, who employs more than 50 Armenian designers at his Beirut firm feels the participation at the Doha event would make his brand of ornaments popular among the clientele in Qatar. 
 
Source: "Gulf Times", Doha, 14 February 2008 (adjusted)
http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=201635&version=1&template_id=36&parent_id=16

Website of the Exhibition: http://www.dohajewels.com/

Azad-Hye Note: Lutwik Chakerdemian could be spelled also: Lutfig Shekherdemian.  


Posted on Wednesday, February 13, 2008 (11500 reads), comments: 0
 
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