The Dubai Diamond Exchange (DDE), a DMCC platform and the only diamond exchange in the Arab World affiliated to the World Federation of Diamond Bourses, announced on January 18, 2015, the hosting of the Second Dubai Diamond Conference from April 21-22, 2015 at the Almas Tower, Middle East’s tallest commercial tower and home to over 1,000 diamond, precious stones, precious metals and jewelry companies. The two-day event will bring together all stakeholders in the international diamond industry, from producing as well as consuming nations and will include delegates from Africa, the Middle-East and Asia and Ministers of Mines and Mineral Resources representing leading African diamond producing nations, and also traders, financiers and world-renowned jewelers.
The agenda of the conference include dedicated panel discussions on business development in Africa, ethics, finance and synthetic diamonds entering the trade in genuine natural diamonds. The conference will also enable discussions and debate on stimulating innovation and growth in the African, Middle-Eastern, and Asian diamond industry, apart from providing opportunities to establish relationships between governments and companies in producing and consuming countries. The Dubai Diamond Exchange organizing the diamond conference for the second time following the successful inaugural conference held at the same venue from March 18-19, 2013, highlights the pivotal role played by Dubai in boosting the global diamond trade.
Commenting on the holding of the conference, Ahmed Bin Sulayem, Executive Chairman, DMCC, said: “2015 will be an interesting year for the global diamond trade and at DMCC we are honored to host and bring together our valued trading partners from across the globe. The global diamond industry has been going through a historic transformation over the last couple of years with the center of gravity shifting from West to East.”
Dubai has quickly emerged as a vital link in the global transport and distribution system thanks to the leadership and vision of this tiny emirate at the center of the Middle-East. The Dubai Multi Commodities Center since its inception in the year 2002 has successfully established Dubai as a global gateway for the commodities trade by implementing a series of measures such as building and enhancing the emirate’s physical and financial infrastructure, introducing regulatory standards and providing products and services, including the launch of the Dubai Diamond Exchange (DDE) and the Dubai Gold and Commodities Exchange (DGCE). Dubai today has become one of the World’s leading diamond trading centers.