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Dubai Is New Hub in Global Diamond Industry |
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5/27/2006 10:07:23 AM |
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Dubai has made a significant impact on the global diamond industry in the short span since the establishment of the Dubai Multi Commodities Centre (DMCC) and the Dubai Diamond Exchange, according toWorld Diamond Council Chairman Eli Izhakoff.
Izhakoff was speaking at a meeting with DMCC Chairman Sultan Bin Sulayem where he discussed discussed Dubai’s growing role as a hub for the global diamond industry. "Dubai has made an extremely significant impact on the global diamond industry in the short span since the establishment of the DMCC and the DDE," said Izhakoff, according to the Emirates News Agency, WAM.
"Since it is neither a diamond producer nor a manufacturer of polished diamonds, Dubai is ideally positioned to support industry specific education and awareness campaigns, including the implementation of the Kimberly Process Certification Scheme (KPCS) in the local and regional diamond sector," he said. "The DMCC plans to work closely with the World Diamond Council to further streamline the growth of Dubai’s diamond industry," said Bin Sulayem.
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