ModernJeweler.com |

Tourists from around the world will be able to experience the lustrous world of the pearl in a planned new entertainment, education, and shopping destination in Dubai. Dubai Multi Commodities Centre recently unveiled ambitious plans for “Pearls of Arabia,” a landmark project on Antarctica of The World Islands, a man-made archipelago that is expected to become a tourist destination.

The core of the project is a 6,000 square-meter experience center which is a joint venture with Paspaley Pearling Co., the world’s largest producer of South Sea cultured pearls.

“We are extremely proud to be associated with DMCC as they launch this exciting project to revitalize the region’s pearling tradition,” says Nicholas Paspaley, executive chairman of Paspaley. “Historically, Dubai served as the world’s hub in the trade of fine-quality natural pearls. Now, almost 100 years later, we are delighted to collaborate with DMCC to revitalize the region’s traditional association with pearls. Together, we will resurrect Dubai’s reputation as one of the world’s premier and most important pearl destinations. Dubai will present to the world the best selection of pearls and pearl jewelry that the 21st century pearling industry has to offer, and will showcase the beautiful history and story of pearls.”

Attractions planned for Pearls of Arabia include a pearl-themed cultural heritage center, a performing arts theater, an exhibition gallery, a themed restaurant, and boutiques, some from leading international brands. Visitors will travel to Pearls of Arabia by water ferries. The facility is expected to be complete by the end of 2010.

“The past meets the present today, as we look out to the sparkling waters of the Arabian Gulf and seek inspiration from our heritage to build a brighter tomorrow,” says Ahmed Bin Sulayem, executive chairman of the DMCC. “Less than a century ago, pearling was the very lifeblood of Arabia, accounting for some 80,000 jobs in the UAE alone and representing 95 percent of the country’s total revenues. Pearls of Arabia presents age-old wisdom in a modern and contemporary fashion to revive the region’s historic legacy for the benefit of future generations.”

This project is the first stage of Dubai’s plan of reestablishing the country as a center for the global and regional pearl trade with specific focus on trading, grading, trade events, and auctions alongside trade and consumer education. The DMCC had established a colored stones and pearls division in 2007, as well as a Dubai Pearl Exchange, which provides a facilitated free-trade environment for pearl traders.

DMCC is also studying offering certification for pearls in conjunction with an international gem certification organization. Certificates issued from the emirate would have the official imprimatur of the Dubai government, and in time the Dubai name may once again be recognized as the hallmark of pearl quality.