Trade Arabia:
Leading Belgium manufacturers are turning their attention to Dubai’s free zones to set up their base, taking advantage of the benefits they offer, said a report. The emirate boasts an excellent geographical location, central to the booming diamond markets of China, Russia and the Middle East, while its wealthy population, huge influx of tourists and relatively crime-free streets make for high domestic sales, the Gulf News report said quoting a leading trader.
The GCC is now the 3rd largest market in the world for diamond jewellery, said Harshad Mehta, one of the founder members of Antwerp-based diamond manufacturer Rosy Blue, which has presence in more than 15 countries. The company’s global sales of loose diamonds reached $1.7 billion last year, with $200 million sold in the GCC region and UAE sales worth $40 million.
Mehta, also vice-chairman of Dubai Diamond Exchange, said the diamond giant is considering a future shift of its main administrative headquarters to Dubai. He claimed others will follow. ‘The diamond industry moved to Antwerp in the 1st place because less questions were asked there and it was easier for the diamond workers to do business,’ he was quoted as saying.
Federal legislation faced by the Antwerp diamond industry is considered to go beyond action taken by other countries. The HRD, an organisation representing Antwerp’s diamond sector, recently met with Belgium Prime Minister Guy Verhofstadt to discuss a report outlining issues weakening the competitive position of the country’s diamond traders. But according to Chantal Abboud, the HRD’s representative in the Middle East, their fears were exaggerated and Antwerp’s position is likely to remain intact.
Abboud admitted Dubai’s diamond sector is growing, but said the 2 sectors will work in co-operation rather than against each other. She also recognised Dubai’s advantages, including its tax-free status, but claimed if the industry was simply concerned with tax, the shift would already have happened.
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Cris, saudades suas tbm. Quem não gosta de diamantes não??? Se fosse jovem até faria o intercâmbio. Meu tempo já passou foi tempo! Quem disse que estou lançando outro blog? Eu tinha outro blog que deixei a um tempo de postar. Quem sabe uma hora eu volte.
Não entendi com relação a copiar a Daniela. Tem a ver com o slide do casamento? Se for, esse recurso eu já usei há muito tempo, quando quis homenagear a Marilyn. É só conferir…
Terça tem Brasiiiilll!!!
Bjos.