Diamdel to Open Up in Dubai

De Beers’ rough-tendering subsidiary Diamdel will open an
office in Dubai in August, the company announced June 8.

It will be its first office in the Arab world.

The office is set to be located on the 47th floor of the
Almas Tower, the tallest commercial tower in the Middle East and home to the
Dubai Diamond Exchange and more than 500 gem companies.

“The opening of
Diamdel Dubai will mark an important milestone in the ongoing transformation of
the business,” Neil Ventura, CEO of Diamdel, said in a statement. “We
anticipate that this expansion to our global network will offer improved access
to the buying opportunities that Diamdel provides, especially to businesses
based in India, Dubai, and the surrounding markets.”