DDT: Dubai Diamond Trade

USD$3.74 billion is the value put forth by the diamond trade consortium in Dubai - a record increase by roughly 47%.At present, the diamond jewellery available in Dubai offers quality, creative designs, wide range of choice and exchangeability options which has also boosted the demand of rough diamonds as more and more jewellers are venturing into diamond jewellery business which is in huge demand in the UAE and region.

Dubai holds one of the three international exchanges for diamonds under the patronage of Dubai Diamond Exchange (DDE).Dubai Diamond Exchange's greatest contribution to the industry however, has been in its effort to implement international best practice in the local diamond industry by creating transparent policies, a well established legal framework and a strong regulatory environment.