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Press Release: Diamond Producers, Trade Leaders to Meet in Dubai

Mar 16, 2015 2:53 AM   By Dubai Diamond Exchange
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Press Release: The Dubai Diamond Exchange (DDE), a Dubai Multi-Commodities Centre (DMCC) platform, today announced that leading mining executives from De Beers Group, ALROSA and Endiama will be presenting at the second Dubai Diamond Conference. Set to be the most significant diamond event of the year, the conference will take place on April 21 and 22  at Almas Tower, the Middle East’s tallest commercial tower and home to the DDE.

The conference will host Paul Rowley, the executive vice president of De Beers Group sightholder sales, Andrey Polyakov, the vice president of ALROSA, and Carlos Sumbula, the president of Endiama to discuss  "The New Silk Route," and share their insights on the trading shift from the west to Africa and Asia.

The three companies combined represent more than two-thirds of the world’s rough diamond output. ALROSA leads the world’s diamond mining by volume, De Beers by turnover and Endiama’s diamond deposits are among the most promising for future kimberlite discoveries.

Rowley said, “The outlook for the diamond industry is bright, but this opportunity will only be fully realized if investments are made across the value chain. The Dubai Diamond Conference provides an ideal opportunity for industry stakeholders to discuss the challenges and opportunities across the diamond pipeline.”

The conference will also welcome the main diamond trade leaders: Edward Asscher, the president of the World Diamond Council; Ernie Blom, the president of World Federation of Diamond Bourses and Maxim Shkadov, the president of International Diamond Manufacturers Association.

Asscher said, “Dubai is an established part of the diamond community. The city has brought new energy to the industry and a much needed gateway to the Middle Eastern retail market. I am looking forward to having an open discussion about the challenges of the diamond industry.”

Centered on the theme "The New Silk Route," the Dubai Diamond Conference will bring together over 500 stakeholders from the diamond industry including government ministers, regulators, policy advisors, jewelers and traders. Attendees will be able to discuss all the current hot topics of the industry.

Herman Van Rompuy, the former president of the European Union, will give the opening address.

Further details, including the registration form, can be found on

Also, click here to watch the DDC 2015 promo video.

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 corporates 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.

Dubai Diamond Exchange (DDE) is a DMCC platform and a leading diamond center based in Almas Tower. From buyers to sellers to service providers -- everything the industry requires 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.

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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