الاثنين، 14 نوفمبر 2011

Diamond trade through Dubai rise 57% in the first half of 2011

The volume of the diamond trade through Dubai during the first half of this year by 57% to 206.1 million carats, compared with 131 million carats in the same period last year, according to the Dubai Diamond Exchange.
The stock exchange said in a statement yesterday that the total value of a diamond trader in the first half of this year rose to 25.3 billion dollars (92.9 billion dirhams), compared with 16.3 billion dollars in the same period last year, growth stood at 55.2 per %. Said Ahmed bin Sulayem, Executive Chairman of the Dubai Multi Commodities "is the size of the diamond trade through Dubai during the current year, which reached record levels, a sign visible on the city's status as the world leader in the diamond trade, and it is proud to consolidate Dubai's position as one of the the three largest centers for trade in diamonds in the world. "
"We have this year to host the first meeting of the heads of the World Federation of Diamond Bourses are held in the Arab world. As the only outlet for trade in rough diamonds in the UAE, we affirm our full support for the initiative of Kimberly and our full commitment to its principles. "




 
"We renew all of the Dubai Multi Commodities Exchange and the Dubai Diamond their full commitment to encourage and support the diamond trade through the provision of modern facilities, competent and appropriate legislative systems, as well as value added services."
And doubled the size of trade in rough diamonds through Dubai during the first six months of this year to reach about 108 million carats, surpassing the barrier of 105.1 million carats, who scored during the whole of last year.
The total exports from Dubai polished diamonds increased by 40%, to reach 46.8 million carats, worth some $ 9.7 billion, compared to 33.3 million carats, worth some 6.7 billion recorded during the first half of last year.
On the other hand, saw Dubai's total imports of polished diamonds rose by 17% to reach 51.3 million carats, worth about $ 9.7 billion dollars, compared to those recorded in the same period last year, which amounted to 43.8 million carats, and reached worth about 6.4 billion dollars, bringing the total volume of polished diamonds were traded in the first half of 2011 of 98 million carats, worth 19.4 billion dollars. For his part, said Peter Meeus, Executive Chairman of the Dubai Diamond Exchange, "in less than ten years, eventually become one of the leading Dubai rough diamond trading centers worldwide. A feat not seen like diamonds in the world before. " "With the growing importance of the African continent, strengthened Dubai's position steadily as unique of its kind for the distribution of rough diamonds of Africa.

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