Dubai Tourism

Swiss watch, jewellery firm sets up Dubai subsidiary

News   •   May 17, 2014 07:03 GMT

ARABIANBUSINESS.COM: Dubai's efforts to become a global hub for the luxury retail market has got another shot in the arm with De Grisogono of Switzerland choosing the city to open its first-ever subsidiary.With the support of the Dubai Investment Development Agency (Dubai FDI), Geneva-based De Grisogono, known for its jewellery and luxury watches, aims to use its new Dubai base to build a network of subsidiaries and representative offices in new markets.