Polygon DMCC and DGJG sign agreement to facilitate greater B2B participation by Dubai's jewellery trade

The partnership will ensure that DGJG members benefit from the sourcing and selling opportunities on Polygon at a privileged cost and enjoy the membership advantages with the B2B major. DGJG, in return, will be undertaking a number of initiatives to promote Polygon to its members and to ensure that it becomes an integral part of the Dubai City of Gold™ initiative.

'Dubai is at the cross-roads of global trade in the jewellery industry and we are pleased that the Dubai Gold and Jewellery Group has chosen to align itself with our organization and take advantage of our industry specific services. This will open a window of business opportunity for Dubai's jewellery industry as they will now be able to take their trade globally through our online trading facility,' noted Marie-Josée Trépanier, Chief Executive Officer of Polygon DMCC, Dubai.

Polygon is the largest online marketplace for business-to-business trading in the gem and jewellery industry. On Polygon (www.polygon.net), seller's list inventories of their products and buyers search based on their needs but actual business transactions are limited to members. Only legitimate gem and jewellery companies are allowed access and it is closed to consumers.

Tawhid Abdullah, Managing Director, DGJG, commented on the partnership,

'Reaching out to a global audience in today's world is primarily through the internet, and Polygon is the clear leader in the business-to-business online sourcing and marketing for the gem and jewellery industry. We are pleased to offer additional benefits to our members through this tie- up which will translate into improved and efficient sourcing for buyers; and exposure to new customers and business opportunities for sellers.'

Sponsored by the Dubai Multi Commodities Centre (DMCC), buyers have free access to buy on Polygon and reach sellers worldwide.

'This agreement will be valuable for both DGJG members and the thousands of other Polygon members world-wide who can now connect with the gem and jewellery companies in Dubai and the Gulf region,' stated Ahmed bin Sulayem, Chief Operating Officer of DMCC.

The agreement also promotes special pricing for 'seller-access' on Polygon; special pricing for related services such as SiteInfusion™, a web-based co-op marketing technology; and TradeLock™, a password protection technology for jewellery industry websites.

In operation in the U.S. since 1984, Polygon is now expanding into Asia, South Africa, the Middle East and Russia as a joint venture with the Dubai Multi Commodities Centre. Polygon DMCC is headquartered in Dubai and is responsible for marketing Polygon throughout the Middle East, Asia, South Africa, and Russia.