OREANDA-NEWS. ALROSA President Sergey Ivanov and Executive Chairman of the Dubai Multi Commodities Centre Ahmed Bin Sulayem agreed upon enhancing cooperation in diamond trade.

At a working meeting in ALROSA’s headquarters in Moscow, Sergey Ivanov and Ahmed Bin Sulayem discussed options for expanding ALROSA’s trading activities at the Dubai Diamond Exchange, a trading platform within DMCC. 

“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 UAE. 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,” noted Sergey Ivanov.