DMCC announced the opening of the Israel Diamond Exchange (IDE) representative office at the Dubai Diamond Exchange (DDE) in Almas Tower. The office opening signifies the close ties between the countries’ respective diamond industries, DMCC said.
Senior representatives and government officials from DMCC, WFDB, IDE and the Israeli Consulate in Dubai including Ahmed Bin Sulayem, Executive Chairman and CEO, DMCC; Ilan Shtulman, Consul General of Israel in Dubai; Boaz Moldawsky, President, IDE; Eran Zini, Managing Director, IDE; and Yoram Dvash, President, WFDB, attended the inauguration of the IDE office, which is set to increase the ease of doing business for Israeli diamond companies operating in or looking to set up in Dubai.