diamond trade in Dubai Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/diamond-trade-in-dubai/ Latest Jewelry News From All Around The World Sat, 16 Mar 2024 09:37:59 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Dubai Diamond Trade In 2023 Up 2% To $38.3 Billion: DMCC https://www.thejewelrymagazine.com/dubai-diamond-trade-in-2023-up-2-to-38-3-billion-dmcc/ Sat, 16 Mar 2024 09:37:59 +0000 https://www.thejewelrymagazine.com/?p=21039

DMCC reported that total rough and polished diamond trade in Dubai reached $38.3 billion in 2023, up 2% year-on-year and representing a five-year compound annual growth rate of 11%. Polished diamond trade was up 32% year-on-year to $16.9 billion, consolidating UAE’s status as the world’s leading diamond trade hub for rough and polished, DMCC said. […]

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]]> Dubai-China deal to boost diamond trade https://www.thejewelrymagazine.com/dubai-china-deal-to-boost-diamond-trade/ https://www.thejewelrymagazine.com/dubai-china-deal-to-boost-diamond-trade/#respond Thu, 02 Jul 2020 06:39:33 +0000 https://www.thejewelrymagazine.com/?p=16059

The Dubai Multi-Commodities Center (DMCC) and the Guangzhou Diamond Exchange (GZDE) inked an agreement aimed at creating new diamond trading opportunities between China and the United Arab Emirates. The memorandum of understanding (MoU) will grant DMCC and GZDE access to new markets, with both parties committing to promote responsible business practices among their respective members. […]

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