The 1st Saudi International Expo of Jewelry and Watches will be held in Jeddah on May 02-05, 2010. The Expo will be organized by Sineidi Expo Group for Exhibitions and Conferences under the supervision of the Jeddah-based Chamber of Commerce and Industry and with the participation of local and international companies from various countries. The Chairwoman of the Expo's Organizing Committee Haya Al-Sineidi pointed out that the Saudi market of luxury watches amounted to $ 1 billion, representing 25 per cent of the total worth of the markets in the region that amounted to $ 4 billion.