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Dubai Diamond Exchange Sets Financing Seminars
Oct 8, 2015 2:27 AM
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RAPAPORT... The Dubai Diamond Exchange (DDE) will hold an inaugural series of seminars to raise
awareness of diamond-financing options and explore ways in which the emirate’s trade infrastructure
and financial institutions can support the industry.
The first of three Dubai Diamond Finance
seminars will be organized at the Almas Tower in Jumeirah Lakes Towers on October 25.
The event
will host representatives from diamond manufacturers, including Dilip Mehta, chief executive officer of
Rosy Blue, and Aditya Gandhi, director of Azure Diamonds.
While “there is a drought when
it comes to finance options available to diamond buyers on a global scale," local lenders in Dubai are making finance options available, Mehta said.
Davy Blommaert, unit head for precious
metals and diamonds at the National Bank of Fujairah, and Peter Meeus,
executive chairman of the Dubai Diamond Exchange, will chair the discussions.
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Tags:
, Banks, Dubai, Dubai Multi Commodities Centre, financing
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