
The Dubai Metals and Commodities Centre (DMCC) participated in the 4th annual World Diamond Council (WDC) meetings, in Catania, Italy, with the objective of strengthening bonds between Dubai and other members of the international diamond industry and reiterating its commitment to regulating and standardising the diamond industry in the Middle East in accordance with international best practices.
Dubai was the venue for the third annual WDC meetings in 2004, when the DMCC hosted more than 100 top-level executives from the international diamond and jewellery trade.
The event, which was attended by Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, effectively established Dubai as a significant destination in the diamond industry and highlighted the role of DMCC as industry facilitator and regulator.
The three-member delegation to this year’s WDC meet in Italy included Dr David Rutledge, CEO, DMCC, Noora Jamsheer, CEO of Dubai Diamond Exchange, and Gaiti Rabbani, DMCC’s chief marketing officer. DMCC also hosted a gala dinner for the international diamond industry alongside the WDC meetings.
“International attention is currently focused on these meetings as the world waits eagerly for the next steps that will be undertaken by the WDC to regulate and standardise the diamond industry in accordance with international best practices,” Rutledge said.
Reiterating its commitment to the diamond industry’s fight against conflict diamonds, Rutledge said: “The Dubai Metals and Commodities Centre is proud to be associated with the WDC and fully supports its aims. We are fully committed to the Kimberly Process and we have been instrumental in making the UAE the first Arab country to implement the Kimberley Process Certification Scheme (KPCS), as part of our endeavour to align the trade with global standards.”