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Dubai to Provide Financing for Diamond Dealers

Dubai to Provide Financing for Diamond Dealers May 24, 21 by John Jeffay (IDEX Online) - The Dubai Diamond Exchange (DDE) could set up its own bank to provide financing for dealers. The move is designed to attract more business to a hub that opened in 2002 a nd last year saw $25bn of rough diamond transactions.   pictured), executive chairman a nd CEO of Dubai Multi-Commodities Centre (DMCC) where the exchange is located, said he recognized the need for finance, and believed it could be made...
United Arab Emirates Gulf News John Jeffay Dubai Diamond Exchange Commodities Centre Provide Financing

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