News

Sep 19, 2017

Impressive International Line-Up for Dubai Diamond Conference 2017

Dubai Multi Commodities Centre’s (DMCC’s) platform, the Dubai Diamond Exchange (DDE), which is the organiser of the  Dubai Diamond Conference 2017, has announced the keynote speakers and subjects to be discussed at conference. This will be the third edition of this biennial two-day event to be held on October 16-17. The theme for this year is ‘Destination Next – Shaping the future of an interconnected marketplace’.

The conference will be opened by DMCC Executive Chairman, Ahmed Bin Sulayem with a welcome address.

Sir Mark Moody-Stuart, Chairman, Global Compact Foundation, will also speak on the opening day of the conference about United Nations Global Compact -- “which encourages businesses to adopt sustainable and socially responsible policies and to report on their implementation backed up by his extensive experience in the business world over several decades”, the organisers said.

Senior representatives of every segment of the diamond pipeline and from across the world will be speaking at the conference over the two days. 

The DDE has outlined various aspects of significance which will be covered: the evolving rough diamond trade with new players entering and long-time stakeholders assuming different roles; on the finance front, the continually changing policies of the  banks perennial liquidity crunch; the increasing importance of the issue of sustainability, which is being seen as vital in creating a viable future for the human race, and the preparedness of the diamond industry on this aspect;  and a rapidly changing  retail sector.

On Day 1, an important panel discussion moderated by Iris Van der Veken, Director – Public Affairs & Policy International, DMCC, will take place to emphasise the sustainability agenda. On the panel will be Sir Mark Moody-Stuart; Ernie Blom, President of the World Federation of Diamond Bourses; Andrew Bone, Executive Director Responsible Jewellery Council; Ms. Feriel Zerouki, De Beers Group Head of Government and Industry Relations; Dr. Gaetano Cavalieri President of CIBJO; Praveenshankar Pandya Chairman, The Gem and Jewellery Export Promotion Council; and David Bouffard, Vice-President, Corporate Affairs of Signet Jewelers Ltd.

“We recognise the importance of bringing the sustainability agenda to our conference and to bring insights from other industries in the field of corporate sustainability,” said Van der Veken. “The Dubai Diamond Conference is a great opportunity to reconnect all stakeholders to discuss a common sense of purpose so we together can build a better future of trade for all, ultimately a roadmap of continuous improvement."

Several panel discussions have been planned for Day 2. These will cover the following topics: Lab-grown diamonds and their disclosure: Is there a problem?; Bankability, transparency, innovation; KP Reform: A reality or a never ending story?; The impact of value added tax (VAT) or GST on wholesale diamond trading; and Tender or auctions: temporary phenomenon or new business of the future?

The conference will be attended by international leaders of the diamond industry including ministers from African countries; diamantaires; financiers and world-renowned jewellers.

“The conference will provide an opportunity to build relationships between companies and governments in producing and consuming countries further highlighting the pivotal role that Dubai plays in the global diamond trade for diamonds,” the organisers said. “The programme will enable discussions and debate with a focus on stimulating innovation and growth in the diamond industry.”