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Press Release: Dubai Conference to Discuss Synthetic Diamonds

Apr 8, 2015 8:56 AM   By DMCC
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Press Release:  The second Dubai Diamond Conference, being held April 21 and 22, will discuss one of the most topical issues in the global diamond business: synthetic diamonds.

The conference will provide a comprehensive view of the state of global diamond and jewelry markets and will host delegates and keynote speakers from Africa, the Middle East and Asia, including several ministers who oversee their nation's minerals, heads of leading global diamond industry and retail organizations and members of civil society groups.

The increase in lab-grown diamonds and their undisclosed inclusion in parcels of natural mined diamonds over the past two years has set off alarms across the diamond industry worldwide. As a result, the conference organizers believe an in-depth discussion by a panel of experts is critical in providing an analysis of the nature of the issue and how the diamond sector should respond. The theme of the panel is: Synthetic Diamonds -- Problem or Not at All? The high-level participants include Edward Asscher, the president of the World Diamond Council,  Ernest Blom, the president of the World Federation of Diamond Bourses, Marc Brauner, the co-CEO of IGI Worldwide, Sabyasachi Ray, the executive director of the Gem & Jewellery Export Promotion Council,  and Audrey Tcherkoff, the general manager of Robert Wan for the Middle East. The panel will be moderated by Peter Meeus, the chairman of Dubai Diamond Exchange and Albert Robinson, an industry journalist.

Blom said, "Synthetic diamonds are an important issue for the diamond industry. We really need to have a clear-headed debate about the size and nature of this issue. The synthetic diamonds sector has a niche within the overall market. I am not opposed to them as long as they are correctly disclosed. This panel, and the conference in general, will provide the opportunity for an exhaustive view of the current diamond trade."

Registration for the conference has started. More information can be found on the Dubai Diamond Conference website:

DMCC - Made For Trade

DMCC is dedicated to enhancing Dubai’s position as the global gateway for commodity trade. The most successful markets create conditions that enable producers, traders and consumers to thrive. DMCC is a Dubai government authority committed to developing these ideal conditions for trade and enterprise. DMCC has a strong track record in commodity trade facilitation and we encourage and support business through the platforms we provide. These include our Free Zone, commodity exchanges, legal and regulatory frameworks and our strong real estate offering. As part of our DMCC Free Zone expansion strategy to provide large corporations with a commercial property offering unique to the Dubai marketplace – DMCC is developing the Burj 2020 District with the world’s tallest commercial tower, the Burj 2020, as its centerpiece. 

The Dubai Diamond Exchange (DDE) is a DMCC platform and a leading diamond center based in the Almas Tower. From buyers to sellers to service providers - everything the industry require in terms of infrastructure and a marketplace is available under one roof in a secure environment at Almas Tower including: DDE, vaulting, boiling, polishing, certification, transport and logistics services and the Kimberley Process Certification Scheme.

Dubai’s strong leadership and vision has enabled the Emirate to quickly transform itself into a key link in the global transport and distribution system. Since its inception in 2002, DMCC has successfully established Dubai as the global gateway for commodities trade by building and enhancing its physical and financial infrastructure, regulatory standards, products and services, including the launch of the DDE and the Dubai Gold and Commodities Exchange (DGCX). This has positioned Dubai as one of the world’s leading diamond centers.

Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.



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Tags: conference, diamonds, DMCC, Dubai, events, Synthetics
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