Ribbon cutting of the Israel Diamond Exchange Office Image credit: DMCC
DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced the opening of the Israel Diamond Exchange (IDE) representative office at the Dubai Diamond Exchange (DDE) in Almas Tower in Dubai.
According to the statement mentioned that senior representatives and government officials from DMCC, WFDB, IDE and the Israeli Consulate in Dubai including Ahmed Bin Sulayem, Executive Chairman and CEO, DMCC; Ilan Shtulman, Consul General of Israel in Dubai; Boaz Moldawsky, President, IDE; Eran Zini, Managing Director, IDE; and Yoram Dvash, President, WFDB, attended the inauguration of the IDE office.
The office opening signifies the close ties between the country’s respective diamond industries and is set to increase the ease of doing business for Israeli diamond companies operating in or looking to set up in Dubai.
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished
