DUBAI, twentieth September, 2022 (WAM) — Dubai Multi Commodities Centre (DMCC) has signed an settlement with the Worldwide Colored Gemstone Affiliation (ICA) that may see the 2 entities maintain the ICA Annual Congress 2023 in Dubai.

Set to happen from fifteenth to seventeenth February 2023 at DMCC’s Almas Convention Centre, the occasion will see lots of of gemstone trade leaders come collectively to share alternatives and deal with the challenges going through the trade to advance the colored gem stones sector. The congress comes straight after the JGT Dubai, which takes place within the Dubai World Commerce Centre from twelfth to 14th February, 2023.

Clement Sabbagh, President of the Worldwide Colored Gemstone Affiliation, mentioned, “The ICA Congress is a singular occasion that brings collectively probably the most numerous and prestigious leaders within the colored gemstone sector. With every Congress, ICA presents dynamic audio system, compelling panel shows and alternatives for our extremely numerous trade to come back collectively as one and share concepts, search avenues of collaboration, and problem one another to discover pathways to strengthen and develop the colored trade.”

Internet hosting the ICA Annual Congress in Dubai comes as a part of DMCC broader efforts to reinforce the worldwide commerce of valuable stones. Thus far this 12 months, DMCC has held 4 tenders of colored gem stones at its Dubai Diamond Change (DDE), the world’s largest valuable stone tender facility. The DDE creates preferrred circumstances for the commerce of colored gem stones, with its white crystal home windows permitting potential patrons to look at and assess colored stones with out issues associated to tinted mild.

Ahmed Bin Sulayem, Govt Chairman and Chief Govt Officer, DMCC, mentioned, “Since we final partnered with ICA to carry their Annual Congress in 2007, DMCC has grow to be a catalyst for international commodities commerce. From a place of virtually zero valuable stones commerce we have now constructed Dubai into one of many world’s main diamond commerce hubs. Previously few months alone we have now witnessed one of many world’s purest pink diamonds, a record-breaking ruby and different uncommon stones grace the ground of our iconic Dubai Diamond Change because the world’s valuable and colored stones communities search out DMCC to conduct their most important enterprise. DMCC’s star continues to rise and we have now our sights firmly set on colored gem stones, as a part of diversifying our valuable stones commodities vary and constructing the subsequent main hub for the sector worldwide. We’re delighted due to this fact to as soon as once more be partnering with ICA, the world’s main authority on colored gem stones, to carry their Annual Congress 2022 in Dubai at this significant second for DMCC and the broader trade.”

ICA is a non-profit organisation and the one worldwide physique particularly created to learn the colored gemstone trade. It contains over 500 gem trade leaders from mine to market, together with miners, gem cutters, suppliers, retailers, commerce associations, gemological laboratories, academia, museums, and different members of the gemstone ecosystem.