The diamantaires in the UAE and Israel are keen on keeping their businesses performing well and making a profit, as Israel exported $7.9 billion in diamonds last year.
By Ronen Shnidman
If you enter one office among the many in the Dubai Multi Commodities Centre, you will find a mezuzah on the door, much the same as those many Jews place at the entrance to their homes and workplaces. What is this visible symbol of Jewish identity doing in the financial center of the United Arab Emirates, a state that does not have official diplomatic relations with Israel? Well, it is actually just the tip of the iceberg of burgeoning trade ties between the Jewish state and the Persian Gulf state, driven in large by the diamond trade. Continue Reading »