Antwerp, Dubai and Mumbai Top Three Diamond Hubs

Finance and Trade
22/04/2015 22:15

"Represented by approximately 700 licenced diamond companies, Dubai’s turnover in 2014 was approximately $30 billion, meaning that Dubai is basically in the top three of the world trade centres of diamonds alongside Antwerp ($58.8 billion) and Mumbai. The Gulf currently represents nine per cent of the world’s consumption, meaning the regional diamond market is currently worth $7.2 billion,”

Peter Meeus, chairman of the Dubai Diamond Exchange in an interview with Kipp.