Israel-UAE Peace Accord extends wings!
IDE & DMCC inks strategic accord! In the wake of the agreement to normalize relations between Israel and the United Arab Emirates, the Israel and Dubai diamond exchanges have signed a strategic agreement of collaboration to promote cooperation and dialogue between the two bourses. The signing ceremony took place this morning in a video conference between the two bourses. As part of the agreement, the Israel Diamond Exchange (IDE) will open a representative office in Dubai and the Dubai Multi Commodities Centre (DMCC) will open an office in Ramat Gan with the purpose of promoting trade between the two countries and assisting with business requirements. According to the agreement the two parties will share experience and knowledge, will work together to promote bilateral trading opportunities and will collaborate on exhibitions, visits and conferences to intensify ties. They will also promote collaboration between IDE members and the DMCC and DMCC members an...