The Dubai Diamond Exchange (DDE), a subsidiary of the Dubai Multi Commodities Centre Authority (DMCC), was established in 2004 to facilitate the development of the diamond and coloured gems market, to establish logistical efficiencies, and provide a secure trading environment.

Located on the second level of the iconic Almas Tower, the tallest commercial tower in the Middle East and home to more than 500 regional and international diamond and precious gems companies, DDE allows manufacturers, traders, and other key entities in the diamond value chain to effectively operate from a transparent, secure and sophisticated platform. DDE has created a framework in which it provides offices and trading halls for its members to allow buyers and sellers to meet, negotiate, inspect and transact diamonds.

In addition to housing industry related service providers, DDE has an experienced team dedicated to assisting its members and their guests.

DDE is also the first Arab member of the World Federation of Diamond Bourses (WFDB). Being affiliated to WFDB provides DDE global accessibility and opens the door to tremendous opportunities for local, regional and international diamond traders; in addition to assuring ethical and good business practice.

Founded in 1947, the WFDB provides a legal framework and convenes to enact regulations for its member diamond bourses. As part of the international bourses body, DDE members have access to, and follow the same trading practices, as all member bourses.

DDE also brings together several large scale initiatives to compliment the industry’s requirements, such as holding rough diamond tenders, which attract a large number of representatives of international diamond companies from across the globe.