Al Mana Group<\/a>, a company founded in the 1950s and now one of the country’s most important businesses, with interests in multiple sectors, including luxury goods.<\/span><\/p>\nGismondi 1754 trades in the green by 2.0 per cent at 7.50 per share.<\/span><\/p>\nThe global jewellery market is forecast to be worth around $230 billion today, with the UAE contributing one per cent or $2 billion.\u00a0<\/span><\/p>\nWhile in the UAE the segment has experienced a decline in gold purchases, the overall jewellery market in the country is still poised to grow by seven per cent owing to robust demand for diamonds and gemstones.\u00a0<\/span><\/p>\n\u201cThere has been a dynamic shift in the jewellery market from the heavy traditional pieces to items that are accessible and usable on a daily basis. The growing demand for modern jewellery alongside an increasing number of designers entering the market further boosts the growth of the UAE Gems and Jewellery sector,\u201d said CEO of Al Fardan Group, Hasan Fardan Al Fardan.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Jewellery company Gismondi 1754 Spa has signed a five-year franchise agreement with Al Mana Group for the distribution of its jewellery in the GCC <\/p>\n","protected":false},"author":40,"featured_media":17781,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[4626],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20620"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=20620"}],"version-history":[{"count":3,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20620\/revisions"}],"predecessor-version":[{"id":20637,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20620\/revisions\/20637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/17781"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=20620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=20620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=20620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}