The meetings, which are scheduled to take place late March 2004, will host 60 delegates and will comprise of senior executives from the international diamond and jewellery trade, including Mr. Eli Izhakoff, Chairman and CEO of the World Diamond Council (WDC), Nicky Oppenheimer, Chairman of DeBeers Group of Companies, as well as high-ranking government officials and representatives from the world's most prominent civil societies.
Commenting on DMCC's support of the forthcoming annual meetings, Tawfique Abdullah, CEO of DMCC said: "DMCC is pleased to host this event in Dubai. We view this as an opportunity to show Dubai to the diamond industry and to these highly influential, global market participants. The 3rd Annual Meetings of the World Diamond Council is an important event for the diamond industry. This gathering is the most important meeting of its kind to ever take place in the Middle East and, in our role as industry facilitator and regulator, are proud to host this event in Dubai."
The World Diamond Council has categorically stated its support for DMCC's efforts to develop the diamond industry in the region. On a recent visit to Dubai, Mr. Eli Izhakoff, Chairman and CEO of the World Diamond Council (WDC), and prominent member of the New York business community, met with Mr. Tawfique Abdullah and the DMCC team of executives.
Extremely impressed with how Dubai has successfully positioned itself as a commercial hub, Izhakoff outlined how Dubai is now well set to become a centre for the diamond industry both regionally and internationally. Also affirming the World Diamond Council's support for the forthcoming Dubai Diamond Exchange, he enthusiastically praised the visionary leadership of Dubai and also commended DMCC on their 'commitment' and "dynamism '.
"Dubai offers fertile ground from which to grow strong and build a successful business. Dubai has become a leading light for the region and has positioned itself firmly on the global map. It is for this reason that we are delighted to host the 3rd Annual Meetings of the World Diamond Council here in Dubai," said Eli Izhakoff, Chairman and CEO of the World Diamond Council (WDC).
"This truly 21st Century City has clearly demonstrated the perfect combination of vision, purpose and a strong commitment to innovation and business development that is second to none. We greatly look forward to not only conducting a series of successful meetings, but also to discussing the development of Dubai as a future international hub of note for the manufacture and trade of rough and polished diamonds," he added.
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DMCC to host The World Diamond Council
- United Arab Emirates: Sunday, January 18 - 2004 at 15:43
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The Dubai Metals and Commodities Centre (DMCC) has announced that they will host The 3rd Annual Meetings of the World Diamond Council under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Minister of Defence.
Chairman and CEO of World Diamond Council, Eli Izhakoff
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Posted by Christine H. Andersen, Assistant News EditorSunday, January 18 - 2004 at 15:43 UAE local time (GMT+4)
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This article was updated on Sun Jan 28 2007.
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About DMCC
The Dubai Metals and Commodities Centre (DMCC) was created in 2002 as part of a strategic goal by the Dubai Government to establish a commodity market. It provides the market infrastructure that brings together a wide range of commodities activities, and is committed to serving the needs of participants in the gold, diamonds and commodities markets. Resident companies of DMCC are offered highly attractive benefits under a free zone status, including a 50-year guaranteed tax holiday, 100 per cent business ownership, full ownership of business premises, and a secure regulated environment.
About the WDC
The World Diamond Council has created three years ago amid growing concern over human rights violations and atrocities committed against innocent victims in diamond producing countries of war-torn northern Africa. During a meeting between The World Federation of Diamond Bourses and the International Diamond Manufacturers Association in Antwerp in July 2000 a resolution was passed creating the World Diamond Council.
Their responsibility is to oversee the export and import of rough diamonds to prevent the exploitation of diamonds for illicit purposes such as war and inhumane acts. As a result of the commitment and resolve of WDC leaders and members, significant strides have been made toward resolving and reconciling the issues threatening the diamond industry because of "conflict".
For Further information on DMCC, please contact
Deborah Cleary, Account Director, Bates PanGulf PR, +971 50 4582284,
Mobile +971 50 4582284,
The Dubai Metals and Commodities Centre (DMCC) was created in 2002 as part of a strategic goal by the Dubai Government to establish a commodity market. It provides the market infrastructure that brings together a wide range of commodities activities, and is committed to serving the needs of participants in the gold, diamonds and commodities markets. Resident companies of DMCC are offered highly attractive benefits under a free zone status, including a 50-year guaranteed tax holiday, 100 per cent business ownership, full ownership of business premises, and a secure regulated environment.
About the WDC
The World Diamond Council has created three years ago amid growing concern over human rights violations and atrocities committed against innocent victims in diamond producing countries of war-torn northern Africa. During a meeting between The World Federation of Diamond Bourses and the International Diamond Manufacturers Association in Antwerp in July 2000 a resolution was passed creating the World Diamond Council.
Their responsibility is to oversee the export and import of rough diamonds to prevent the exploitation of diamonds for illicit purposes such as war and inhumane acts. As a result of the commitment and resolve of WDC leaders and members, significant strides have been made toward resolving and reconciling the issues threatening the diamond industry because of "conflict".
For Further information on DMCC, please contact
Deborah Cleary, Account Director, Bates PanGulf PR, +971 50 4582284,
Mobile +971 50 4582284,
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