Sunday , May 22 2022

Two million karat diamonds sold by Bursa Dubai and Stargames through 6 bids – Best Dubai


The Dubai Diamond Exchange (DDE) has announced the launch of its new platform
DMCC is the leading free zone in the world
And the Government of Dubai, specializing in commodity and project trade today,
Announced the conclusion of six successful bids in cooperation with Stargames, which exceeded its sales
2 million carat of coarse diamonds from Anhui Kongo Investments
Mining. "

The offers, held at Dubai's diamond tower, saw more than 200 participants
A diamond trading company, organized by the Dubai Diamond Exchange
A safe, open and organized environment.

Dubai Multi Commodities Center (DMCC) was signed earlier this year
Has signed a strategic partnership agreement with Stargames Group, a specialist in Imdaad
Deliver the finest diamonds in order to host a series of rough diamond bids.

The agreement allows members, mining companies and international suppliers to trade
With rough diamonds and distribution during events organized by "Stargames" and host "
Dubai Diamond Exchange "at its headquarters in Dubai's diamond tower.

The six bids gave customers the opportunity to bid on diamonds
Raw materials from Angola, Democratic Republic of Congo and South Africa
The sales exceeded two million carat of coarse diamonds in a way that meets expectations
Prices and sales volumes still reflect the demand for rough diamonds and prospects
Optimistic and positive across the sector.

Dubai Diamond Exchange was noted in the first nine months of 2018
Marked increase in gross diamond bids and total sales reached 200
A growth of 75% over 2017.

"Said Ahmed Bin Sulayem, Managing Director of DMCC
Chairman of the Dubai Diamond Exchange said: "The unique geographical location has contributed
Dubai has a link between the producing and consuming markets of uneven diamonds
Along with the role of the Dubai Diamond Exchange as a leading global gateway
Diamond Trading in the heart of the region, allowing Tamils ​​/ Stargames to achieve sales
Strong diamond ".

He explained that Dubai is the third largest diamond trade in the world with access
The value of transactions in trade and sales of uneven diamonds to SEK 16.7 billion
By 2017, the Emirate will continue to consolidate its central role in trade

Shailash Jaffery, founder and chairman of the Stargames Group, said, "I've seen
The Group has continuously expanded since the start of our operations and our cooperation with the Dubai Commodities Center
In early 2018, an increasing number of participants still attract
Of all leading diamond centers. We are convinced that our partnership with Bursa Dubai
For diamonds we will be able to continue the driving force in this growth. "

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