Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
Dubai, UAE:Ahmed Bin Sulayem, the 2016 KP Chair and Executive Chairman of the Dubai Multi Commodities Centre today announced the nomination of Maryam Al Hashemi, the UAE KP Director as the 2017 Chair of the Committee of Participation and Chairmanship (CPC) of the Kimberley Process.
Maryam Al Hashemi, 2017 Chair of the Committee of Participation and Chairmanship of the Kimberley Process
The Committee on Participation and Chairmanship assists the Chair of the Kimberley Process in handling the admission of new participants and advises if a Participant fails to comply with requirements, which can lead to their removal from the scheme. It also reviews and assesses candidates for the position of Vice-Chair. The Committee’s findings are presented at the Plenary meeting.
The Committee on Participation and Chairmanship is made up of previous KP Chairs, representatives of the WDC and Civil Society Coalition. The previous year’s KP Chair becomes CPC Chair the following year.
After completing her formal education at Dubai Women’s College, Maryam was drawn to work under the newly formed DMCC in 2003, making her one of its longest current serving employees.
Ascending to her current position, as Director of the Kimberley Process Certification Scheme, as well as becoming a member of the DMCC leadership team in January 2007, Maryam’s responsibilities specifically cover a wide range of initiatives including planning annual department objectives as well as supporting long term strategic planning towards operational excellence.
Ahmed Bin Sulayem said: “As someone who understands the necessity of constantly evolving in line with the various sectors and markets to stay ahead of the curve, Maryam is an ideal person to bring forward this important work which involves bringing on board new participants and observers to continue the excellent goals of the Kimberley Process.”
Maryam Al Hashemi commented: “The fact that we continuously evolve to stay relevant in an exceedingly fast paced and multifaceted environment is one of the most exciting parts of my job and I am looking forward to bring the same spirit to the Kimberley Process during 2017 in this important year that KP will review its processes and bring forward change.”
About DMCC
DMCC is the authority on trade, enterprise and commodities in Dubai—home to the world’s leading businesses of today, and tomorrow.
The most successful markets create conditions that enable producers, traders and consumers to thrive. DMCC is a Dubai Government Authority committed to developing these ideal conditions and has a strong track record in commodity trade facilitation where we encourage and support business through the platforms we provide. These include our Free Zone, commodity exchanges, legal and regulatory frameworks and our real estate offering.
DMCC is developing the ‘Burj2020 District’ as part of our DMCC Free Zone expansion strategy to provide leading businesses with a commercial property offering unique to the Dubai marketplace.
Indispensable to the economic growth of the nation, we – together with our members – deliver strong performance today, and sustainable growth tomorrow.
DMCC. Made for Trade.
