The delegation is in the United Arab Emirates on a fact-finding mission and requested a visit to DMCC, and the Dubai Diamond Exchange (DDE) specifically, to discuss the success of Dubai’s precious metals sector with a view to enhancing Angola’s own rough diamond trade policy.

During the visit to Almas Tower, Executive Chairman of DMCC, Ahmed Bin Sulayem, stressed the strong and longstanding connection between DMCC and Angola.

He also shed light on the DMCC growth story and outlined its contribution to Dubai’s current status as one of the world’s leading physical gold markets and diamond trading hubs, accounting for 75 billion USD annually combined.

Both sides spoke of their intention to further enhance cooperation, and continue to promote the opportunity presented to Angolan businesses through DMCC.