Israeli and Dubai diamond exchanges sign trade agreement

Israeli and Dubai diamond exchanges sign trade agreement

The Israeli Diamond Exchange will open an office in Dubai, while the Dubai Multi Commodities Center, an economic free zone, will set up shop in Ramat Gan, Israel, the base of the Israeli exchange







AP

, Thursday 17 Sep 2020







FILE PHOTO: A trader inspects a diamond during a show at the trading floor of Israel's Diamond Exchange (IDE) in Ramat Gan near Tel Aviv, Israel August 29, 2013. REUTERS













The Israeli and Dubai diamond exchanges announced Thursday they had struck a deal to boost trade, just days after Israel signed breakthrough agreements with United Arab Emirates and Bahrain at the White House to normalize their relations.

With the U.S.-brokered agreements, the UAE and Israel