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Dubai Diamond Exchange
Dubai Diamond Exchange or as they call it DDE is the subsidiary and the executive organization of the Dubai Multi Commodities Centre. The Dubai Diamond Exchange deals with the operative business and member handling and takes part in the international events of the global diamond federations and business parties.

The Dubai Multi Commodities Centre has been established roughly a decade ago with the main intention of acting as the leading operative and controlling force in the Dubai diamond business. The tasks of the Dubai Multi Commodities Centre are to raise and help to improve the importance of diamond business in the region, in order for Dubai to become the hub of diamond business in the region. The Dubai Multi Commodities Centre has some very interesting motives regarding its operation. Its main office is located in the huge AL MAS towers in the Jumeirah Lakes Towers complex, which is mainly dedicated for the diamond, gold and silver industries of Dubai.

The Dubai Diamond Exchange is a trade community that was established in 2004. It is the member of the World Federation of Diamond Bourses being the world’s largest diamond federation and other diamond related international federations. It acts as a representative of Dubai diamond business all around the world. The Dubai Diamond Exchange, as part of the DMCC works as a very-very exclusive club. The potential members who would like to belong here must pay large amounts for the DMCC and with the Dubai Diamond Exchange. However, these amounts are still considered low when it comes to a good diamond business.

The Dubai Diamond Exchange deals with making business and giving the environment of business meetings. The operation of the Dubai Diamond Exchange along with all activities of the Dubai Multi Commodities Centre is tax-free, which means a great extra regarding the incomes and employment power. Jewellery manufacturers can further gain extra income if they wish to operate from the Dubai Gold and Diamond Park, which although does not belong to the DMCC but operates also tax free from Jebel Ali Free Zone. Mainly, anyone can join the DMCC and anyone who buys a real estate in the territory of the Jumeirah Lakes Towers is automatically regarded as investors who can make business with the given amount of money, which means the value of their real estate. Apart from diamonds, gold and silver Dubai Multi Commodities Centre also deals with pearl, tea and cotton businesses. Dubai Diamond Exchange is also cooperating in releasing different international diamond tenders and organizing auctions.

The Jumeirah Lakes Towers as base of the Dubai Diamond Exchange and the whole DMCC group acts wholly as a tax free zone and currently among the best business investments of Dubai. The sheikhdom invested a lot of money in order to flourish its jewellery and gemstone trading business life. Dubai Diamond Exchange has the same chairperson as the Dubai Multi Commodities Centre meaning that it is strictly under the same management.

Dubai Diamond Exchange along with the DMCC is destined to bring Dubai the international success in the diamond and jewellery business it wishes to own. The Dubai Diamond Exchange is also one of the world’s most dominating and developing committee.
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