Dubai Exchange to Host Additional Diamond Finance Seminars

Finance and Trade
24/04/2015 09:33

Finance and liquidity was one of the most hotly debated issues at the Dubai Diamond Conference 2015. The Dubai Diamond Exchange is consequently planning to hold three seminars on diamond financing this year, underscoring the growing importance of the issue for the global diamond industry.

Peter Meeus, the chairman of the Dubai Diamond Exchange claims that, “Financing is the single most important issue for the diamond sector at present.” Bank executives clarified that in the diamond industry, risk rather than a lack of  transparency is the main reason behind the difficulty in securing bank financing in the diamond industry today.