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Israel Diamond Exchange Opens Dubai Office

Updated on May 2, 2024

With over 40 years of expertise, Diamond Registry’s CEO and owner, Nissan Perla, is your trusted guide in the diamond-buying world. Recognized by prestigious publications like The Washington Post and Chicago Tribune, Nissan’s extensive knowledge and experience in evaluating, buying, and selling diamonds are unparalleled. Our commitment to integrity, transparency, and delivering exceptional value ensures that you make an informed decision when acquiring your timeless treasure. Choose Diamond Registry for personalized guidance, education, and a curated selection of the finest quality diamonds, backed by decades of industry expertise and dedication to your satisfaction.

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Published on April 9, 2024
Updated on May 2, 2024

What makes us your trusted partner

With over 40 years of expertise, Diamond Registry’s CEO and owner, Nissan Perla, is your trusted guide in the diamond-buying world. Recognized by prestigious publications like The Washington Post and Chicago Tribune, Nissan’s extensive knowledge and experience in evaluating, buying, and selling diamonds are unparalleled. Our commitment to integrity, transparency, and delivering exceptional value ensures that you make an informed decision when acquiring your timeless treasure. Choose Diamond Registry for personalized guidance, education, and a curated selection of the finest quality diamonds, backed by decades of industry expertise and dedication to your satisfaction.

The Israel Diamond Exchange (IDE) has opened a branch office in Dubai’s Almas Towers to facilitate business for Israeli diamond companies doing business in the United Arab Emirates.

Following the Dubai Diamond Conference, the IDE opened its doors in its new location. As announced by the Dubai Multi Commodities Centre (DMCC) on Wednesday, it will be located at the Dubai Diamond Exchange (DDE), which is part of the DMCC complex.

This year’s opening, which was attended by DMCC CEO Ahmed Bin Sulayem, International Diamond Exchange (IDE President Boaz Moldawsky, and Yoram Dvash, president of the World Federation of Diamond Bourses (WFDB), is expected to strengthen diamond-industry ties between the two countries, the DMCC said.

Immediately following the signing of a peace agreement, Israel signed a trade agreement with the United Arab Emirates (UAE). The DMCC established a representative office in the Israeli stock exchange in December of that year. As a result, a number of Israeli companies have established branches in Dubai.

To reach $1.8 billion in 2021, Israel’s rough exports will have increased by 109 percent. The United Arab Emirates, including Dubai, received $188 million, or 10% of the total.

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Bought a beautiful stone here for an engagement ring. I was a little apprehensive since you’re buying something unseen. But Cid made it easy. In fact, Nissan, the owner also gave a call to make me more comfortable. They sent me the stone to take to a local jeweler with only my Amex in case I bailed on them.
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