dubai visa


Diamond
Dubai has become the third largest diamond trade center in the world, as the trade in rough diamonds and cut diamonds has increased since 2001, and the diamond trade in the emirate did not actually exist at the beginning of the first decade of the twenty-first century, but it was worth about $ 35 billion in 2013 and 2014. The emirate is able to capitalize on its geographical position between major supplies of mined diamonds in Africa, to major cutting centers in India and to the east more in China. There is also the perception of Dubai as a consumer buying center for diamond jewelery, due to the large number of jewelery dealers in the emirate and its tax-free business system.
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Diamond trading takes place on an exchange managed by the DMCC, with many industry participants in the office spaces of the Diamond Tower of the Business Group (JLT), facilities there include Kimberley Process certification offices and access to secure transportation agencies such as: Brinkx and Transguard, in addition to To networking and meeting rooms.
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gold
Trade in gold grew during the 1940s due to Dubai's free trade policies that encouraged entrepreneurs from India and Iran to set up stores in the Dubai Gold Market. Despite the general slump in the global gold market, Dubai's share of the value of trade in gold and diamonds to its total non-oil direct trade rose from 18% in 2003 to 24% in 2004. In 2003, the value of trade in gold in Dubai was Approximately 21 billion dirhams (5.8 billion US dollars),
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while the volume of diamond trade reached 25 billion dirhams (7 billion US dollars) in 2005. India is the largest buyer of gold in Dubai, accounting for approximately 23% of the total gold trade. In the emirate in 2005. Switzerland was the largest supplier of gold from gold ingots, waste and scrap. Likewise India accounted for approximately 68% of all diamond trade in Dubai. Belgium's share in the diamond trade in Dubai was around 13% (2005).