DMCC will be hosting its flagship Dubai Diamond Conference (DDC) on 21st February 2022 at Atlantis, The Palm in Dubai. The conference is expected to bring together hundreds of industry experts to discuss key topics on the future of diamonds.
The diamond industry successfully emerged from the pandemic with surging demand and rocketing prices. The various DDC panel sessions will seek to answer why this happened, the changing nature of consumer behaviour, the risks and opportunities for diamond companies over the coming year, and ways to build on this positive momentum to strengthen the entire diamond industry.
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC and Chairman, Dubai Diamond Exchange, said, “The global diamond industry has not just rebounded from the pandemic, it has come back with renewed vigour, performing significantly better than we could have ever imagined. In October, US jewellery sales reached an estimated $7.3 billion, a record for the month. India’s polished diamonds exports hit four-year high in November, and all signs point to a very strong December with the holiday season.
“Closer to home, the Dubai Diamond Exchange has boasted some record-breaking sales through its tenders. DMCC’s ever-growing ties with the Israeli diamond industry are set to further boost regional trade and support the growth of the global diamond trade.”