Story Highlight
– First Saudi Arabia Jewellery Exposition (SAJEX 2025) launched.
– Over 200 exhibitors from multiple countries participating.
– Expected attendance of 2,000 trade buyers.
– World Jewellery Investment Forum to discuss growth opportunities.
– Event aligns with Saudi Arabia’s Vision 2030 goals.
Full Story
The Gem & Jewellery Export Promotion Council (GJEPC) is set to stage the inaugural Saudi Arabia Jewellery Exposition (SAJEX 2025) from 11 to 13 September at the Jeddah Superdome. This significant event has garnered backing from the Indian Ministry of Commerce and Industry, along with support from both the Consulate General of India in Jeddah and the Indian Embassy in Riyadh.
SAJEX 2025, dubbed ‘The World Gem & Jewellery Fair,’ encompasses participation from over 200 exhibitors distributed across 250 booths, showcasing contributions from India, Saudi Arabia, the UAE, Hong Kong, and Lebanon. The expo anticipates welcoming more than 2,000 trade buyers, with displays that will include diamonds, coloured gemstones, various gold jewellery options, platinum pieces, lab-grown diamonds, bridal collections, gifting items, and advancements in jewellery technology.
The three-day event will also feature design showcases, informative sessions, and avenues for networking, all aimed at encouraging collaboration within the trade sector. A notable component of the exposition is the World Jewellery Investment Forum, which will be co-hosted by the GJEPC and the Ministry of Investment of Saudi Arabia (MISA) on 11 September. This forum will bring together governmental figures, global brands, investors, and leaders from the jewellery industry to explore growth and investment opportunities, highlighting Saudi Arabia’s emerging role as a pivotal trade centre in the region.
Fahad Ahmed Khan Suri, Consul General of India in Jeddah, underlined the diplomatic and commercial significance of SAJEX 2025, stating that the event reflects the strengthening ties between India and Saudi Arabia. He pointed out that this platform integrates India’s rich tradition of jewellery-making with Saudi Arabia’s burgeoning influence within the luxury market.
Kirit Bhansali, Chairman of the GJEPC, remarked on the rapid expansion of Saudi Arabia’s jewellery market, projecting its worth to increase from USD 4.56 billion in 2024 to USD 8.34 billion by 2030. He noted the Kingdom’s substantial GDP of USD 1.1 trillion and its status as the largest economy in the Gulf, positioning it as a crucial market for luxury goods trade and investment.
India’s exports of gems and jewellery reached USD 28.7 billion in the fiscal year 2024-25, further solidifying its prominent role in the global supply chain. Through the SAJEX initiative, the GJEPC aims to bolster bilateral trade, create a sustainable business-to-business platform in Saudi Arabia, and align with the Kingdom’s Vision 2030, which focuses on economic diversification and the development of the luxury sector.
Preparatory events held in Jeddah and Riyadh earlier in July 2025 indicated strong interest, with over 280 stakeholders from Saudi Arabia, including top retailers and wholesalers, participating enthusiastically.