The Dubai Multi Commodities Centre and Antwerp Diamond Bank, Belgium’s largest diamond bank and the second largest financial institution in the global diamond business, announced today the signing of an agreement enabling ADB to serve the Dubai diamond trade.

ADB will help meet the financial requirements of Dubai’s thriving diamond community through its new regional office in Dubai at Almas Tower, a DMCC development purpose built for the diamond trade.

Almas Tower, which is slated to open at the end of this year in the Jumeirah Lakes Towers development, will host the Dubai Diamond Exchange along with hundreds of local and international diamond companies and a variety of service providers to the diamond sector. ADB’s office will be located in the Skylobby on the 48th floor of Almas Tower.

JCK