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Dubai Diversifies With Push Into Diamonds
Nov. 16, 2011 02:20PM PST
Gem InvestingCNBC reported the United Arab Emirates is rapidly becoming a force in trade in diamonds.
CNBC reported the United Arab Emirates is rapidly becoming a force in trade in diamonds.
As quoted in the market news:
Dubai, the UAE’s center for gem trade, handled $35 billion worth of rough and polished diamonds in 2010, a leap from an annual figure of just $3 million a decade ago, according to Malcolm Wall Morris, chief executive of the Dubai Multi Commodities Center (DMCC).
Click here to read the full CNBC report.
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