Dubai Exchange to Hold First Zimbabwe Diamond Tender

Peter Meeus

(IDEX Online News) – The Dubai Diamond Exchange (DDE) today (Thursday) announced it will hold the country’s first tender of Zimbabwe diamonds. The sale will feature rough goods from Anjin, Jinan, DTZ, DMC, Marange Resources and Kusena. 

“It is no coincidence that Dubai has emerged as the leading global diamond platform,” said Ahmed Bin Sulayem, executive chairman, Dubai Multi Commodities Centre (DMCC). “We have created an incredible infrastructure, services and products which directly assist the industry traders; our policies and regulations are strong; and we are ideally positioned to support the trade from the producing nations in Africa to the consuming nations in the East and West.”

DDE chairman Peter Meeus added, “The DDE has been instrumental in ensuring that African diamond markets have a voice and a platform to trade their products. The DDE and Dubai is now an established The DDE and Dubai is now an established distribution and diamond center for those diamonds.”

The sale will be facilitated by Global Diamond Tenders DMCC in cooperation with the DMCC. The tender, the third rough sale organized by the DDE so far this year, will be held at Almas Tower from March 23-30.