Dubai Diamond Exchange, Stargems Sign PartnershipSource: www.export-egypt.com 2/18/2018, Location: Middle East |
|
|
|
|
|
The Dubai Multi Commodities Centre, DMCC, has announced that its Dubai Diamond Exchange, DDE, signed a strategic partnership with Stargems, specialised in the sourcing and supply of the finest diamonds, to host a series of rough diamond tenders in 2018,,
The agreement enables international members, miners and suppliers to trade and distribute rough diamonds at Stargems events hosted at DDE’s headquarters in Dubai, the only World Federation of Diamond Bourses, WFDB, accredited exchange in the Middle East. "Dubai has fast emerged as one of the world’s top three diamond centres, and we are always looking at ways of nurturing and growing this footprint by connecting producers with buyers along the Dubai – Africa axis and beyond. The Stargems collaboration is of course a welcome initiative as it further underscores Dubai and DDE’s position as the global destination of choice for the diamond industry," Ahmed bin Sulayem, Executive Chairman of DMCC, said. One of the world’s top three diamond hubs, the DDE sits at the centre of Dubai’s diamond trading industry valued at US$26 billion in 2016. "This is an exciting chapter for Stargems and we are thrilled to partner with the DDE, a facility that is synonymous with the highest possible industry standards," Shailesh Javeri, Chairman of Stargems Group, said. "The business case is clear. Diamond tenders are an increasingly important sales mechanism for us, through these tenders, we hope to bridge the gap between the diamond producing nations and the manufacturing units in Asia. This partnership will guarantee a secure and transparent tendering process in a regulated environment provided by the DDE," Javeri added. |
|
|
Financials and Investment News in United Arab Emirates >> |
 |
|||||
|
Egypt >> 6/1/2024 - Housing and Urban Communities Minister Assem el Gazar announced that the New Urban Communities Authority (NUCA) will suspend the system of land alloca...
|
Egypt >> 6/1/2024 - Spokesman for the Consumer Protection Agency (CPA) Islam el Gazzar asserted the application of "Price Radar" is mainly helping control prices of diffe...
|
|
Egypt >> 6/1/2024 - First Deputy Chairman of the Federation of Egyptian Chambers of Commerce (FEDCOC) Hany Mahmoud lauded the level of progress in the sector of communica...
|
Egypt >> 6/1/2024 - Minister of Social Solidarity and Board Chairman of Nasser Social Bank Nivine el Kabbag said that the bank succeeded in increasing the wallet of the r...
|
|
Egypt >> 6/1/2024 - The State is maintaining its support for low-income brackets, said Spokesperson for the Cabinet Mohamed el Homsani.
He added in televised r... |
Egypt >> 6/1/2024 - Minister of Communications and Information Technology Amr Talaat had a meeting with Singaporean Minister for Communications and Information Josephine ...
|
| United Arab Emirates Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | |
