Dubai is set to join leading international diamond centres including Antwerp, New York and Mumbai. The Diamond division within DMCC is aiming to establish Dubai as a diamond trading and value-adding centre of global significance. DMCC has been instrumental in implementing the Kimberley Process Certification Scheme (KPCS) in the United Arab Emirates as part of its endeavour to streamline the trade with global standards and protecting the legitimate diamond industry. The UAE is proudly the first Arab country to implement KPCS.
The launch of the Dubai Diamond Exchange, facilitating the trade of rough and polished diamonds, is set to provide a major impetus to the diamond industry in the region.
The Centre will accommodate every facet of the business - manufacturing, trade, education, certification and technology. Alliances with other players in the trade such as finance organizations, government institutions, etc, will promote complete growth of the industry. The DMCC facilities will also include bringing the best of educational institutions to Dubai, to make the latest in technology and processes available to the local and regional market.
Housed in the purpose-built landmark Almas Tower (Almas means ‘diamond’ in Arabic), Dubai’s diamond community is set to sparkle more brightly than ever.
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