Alrosa President Sergey Ivanov and Executive Chairman of the Dubai Multi Commodities Centre (DMCC) Ahmed Bin Sulayem have “agreed upon enhancing cooperation in diamond trade”, according to a press release by the Russian miner. Ivanov will attend the Dubai Diamond Conference 2017 and visit DMCC.
The two met at Alrosa’s headquarters in Moscow, and discussed “options for expanding Alrosa’s trading activities at the Dubai Diamond Exchange, a trading platform within DMCC. The parties also agreed to step up fight against undeclared synthetic diamonds”.
Ivanov commented: “Dubai is one of the world’s leading diamond trading centers. In 2016 alone, ALROSA sold rough diamonds worth USD 259.5 million to companies- residents of the United Arab Emirates. Alrosa’s affiliate Arcos East DMCC has been successfully operating at the Dubai Diamond Exchange, and we are certainly interested in wider cooperation with our partners from DMCC”.
