Ahmed Bin Sulayem, Executive Chairman, DMCC.

Dubai Diamond Exchange to host first Zimbabwe diamond tender in Dubai

: Thursday, March 13 - 2014 @ 14:28

The Dubai Diamond Exchange (DDE), a DMCC platform, has confirmed it will host the first tender of Zimbabwe diamonds in the DDE at Almas Tower between 23 and 30 March 2014.

The tender will feature rough diamonds from Anjin, Jinan, DTZ, DMC, Marange Resources and Kusena. It will be the third rough diamonds tender organised by the DDE this year.

“It is no coincidence that Dubai has emerged as the leading global diamond platform. We have created an incredible infrastructure, services and products which directly assist the industry traders; our policies and regulations are strong; and we are ideally positioned to support the trade from the producing nations in Africa to the consuming nations in the East and West,” said Ahmed Bin Sulayem, Executive Chairman, DMCC.

The DDE has been a key supporter of the diamond trade in Africa over the last decade and the Dubai Diamond Exchange has become the global platform for which Africa can trade to consuming countries in Asia and Europe. The tender is facilitated by Global Diamond Tenders DMCC in cooperation with the DMCC where viewings will take place in the premises of the Dubai Diamond Exchange, Almas Tower, Level 2.

Peter Meeus, Chairman of the Dubai Diamond Exchange, added, “The DDE has been instrumental in ensuring that African diamond markets have a voice and a platform to trade their products. The DDE and Dubai is now an established distribution and diamond centre for those diamonds.”

The DDE is a member of the World Federation of Diamond Bourses and a supporter of all its initiatives. The Exchange fully complies with the Kimberley Process Certification Scheme, which ensures that all rough diamonds imported to and exported from the country have been mined in a legitimate matter.

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Thursday, March 13- 2014 @ 14:28 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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