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ARTICLE · 08 FEBRUARY 2019

The Diamond Industry In UAE

You can never imagine what criminals would do for their evil purpose.

United Arab EmiratesInternational Law

"Diamonds are girls' best friends."

As the gold economy strengthens the world over, UAE economy is also shining, thanks to the gold and diamonds industry.

UAE has emerged as one of the world largest diamond trading hub. The free trade policies have encouraged traders from all over the world to set base in Dubai including most of the large diamond companies in India. Until now, the diamond trading has become one of the leading imports in Dubai.

For all the ladies who love diamonds, Dubai would be an excellent choice. You can purchase quality diamonds here but with up to 50% cheaper price than anywhere else. The UAE gold, diamond precious metals market doesn't apply to the 5% VAT law at the wholesale level, and the UAE's strategic location makes it easier for the diamond transportation from South Africa and India. No one could reject the diamonds at such an appealing price.

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