23 October, 2006

Jewish Diamonds Find Favor in Dubai :: Washington Post

Quote:
"Dubai is quickly growing to become a very important center for diamonds," Ernest Blom, president of the World Federation of Diamond Bourses, said by phone from Jerusalem.

The good Arab-Jewish vibes extend across the Atlantic. In June, the largely Jewish New York Diamond Dealers Club on Manhattan's 47th Street feted Ahmed bin Sulayem, deputy chairman of the Dubai Diamond Exchange, for his contribution to the industry.
. . .
As Israelis and Arabs emerge from the war in Lebanon, a booming diamond exchange in this Arab country 1,300 miles away is hard proof that some Arab-Israeli ties have survived despite the region's tensions.

The two-year-old Dubai Diamond Exchange has put the Gulf emirate squarely inside a global business dominated by Jewish traders. And that, inevitably, means trade ties with Israel, another world diamond hub.
. . .
Israeli Diamond Exchange president Avi Paz says diamonds and hospitality flow freely between Israel and Dubai.

"We came there, they came here. There is no problem at all," Paz said in Tel Aviv. "I wish that wherever I go, they'll host me like they hosted me in Dubai."

Officially at least, the Emirates still enforces some aspects of the Arab League's boycott with Israel, although a government official said most restrictions were dropped long ago. There are no direct flights to Israel and visitors traveling on Israeli passports are rarely allowed to enter.
. . .
The 34-day summer war in Lebanon, between Hezbollah and Israel, dulled sales in Dubai's diamond markets but only temporarily, industry officials say.

"People don't mix conflict with business. The war will not affect the diamond trade in any lasting way," said Abboud.

The relationship was highlighted in March, when controversy arose over Dubai Ports World assuming the management of U.S. ports. At the time the chairman of Israel's merchant fleet told U.S. senators that his ships called often at DP World-owned ports in Dubai and worldwide, and faced no problems.

Full article here.

15 comments:

Lirun said...

may our friendships only grow..

lirun
telaviv

nzm said...

Sorry John but Sam found it first! :-)

Anonymous said...

... and visitors traveling on Israeli passports are rarely allowed to enter.

this could have never been meant seriously anyways. i have never heard of a single israeli passport holder only holding this one israeli passport...

Seabee said...

Interesting, because I've just been reading on a forum an adamant statement from an ignoramous that Jews are banned from entering the UAE.(Not Israeli passports or visas, but Jews, you'll note).

Lirun, amen to your comment.

bartman said...

One of my (very Jewish) dissertation advisers had a lovely time at an ECSSR conference here a few years ago.

Nonetheless, the letter of the law says that anyone with an Israel stamp in his passport is barred from entering the UAE. That's why when entering Israel, they'll stamp a yellow sticky and stick it in your passport, thus facilitating the eradication of any evidence of the visit to Israel.

Proud Emirati said...

I hope Isreal like the idea of being the unwanted state :D

marwan said...

"may our friendships only grow..
lirun
telaviv"

"I hope Isreal like the idea of being the unwanted state :D" - Proud Emirati

Peace in our time, indeed.

DG said...

Agree with you Lirun. The problem in the middle east is that we muslims have mixed politics with religion. But thankfully Dubai is trying to bring a change without making too much noises. This quiet revolution will hopefully bring positive changes in the region in a generation or two.

Lirun said...
This comment has been removed by a blog administrator.
Lirun said...

sounds good to me man..

the sooner the better..

im really lousy at disliking people that i have never met :)

samuraisam said...

nzm I don't mind the double-posting at all; at least this one seems to have created some discussion.

nzm said...

Sam: maybe you were too subtle! :-)

Markus said...

Maybe if the democratic israeli public pushes its elected government to removes the nazi-style and racist treatment of palestinains, who are both muslim and christian, maybe then Arabs, both muslim and christian will see that israelis, jewish, muslim and druz, are worthy of their friendishp in daylight and not via fake or secondary passports. See this has nothing to do with religion, it has alot to do with humanity, and to an end to the OOCCupation, there was this slogan that pro-palestine supporters used in the USA, i really like it "Its the occupation....STUPID!!"

Dubai Entrepreneur said...

Business is business. There is a lot of business to be gained with dealing with Israel, whether conservatives like it or not.

This is particularly interesting when Dubai competes head-on with Israel over several things. It's always been Lebanon competing with Israel.. and due to the political situation and proximity, many would claim that Israel is intentionally keeping Lebanon in ruins to offset any competitive advantage. Fair enough (true or not, it doesn't matter -- but obviously it would be in Israel's interest not to have a competitive Lebanon).

However, Dubai is playing the game too now. There is no proximity, so the game is played very differently. It's good to see that the UAE business community is overlooking the pure political issues and working for profits. Competition makes things better for everyone.

I would do business with any Israeli company, any time any day. It simply has to make business-sense, that's all.

amjad said...

how materialistic gains can oversee the human rights excesses carried out by israelis...alas!
by the way....jews would never have encouraged trade relationships with nazis

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