As a part of Dubai Multi Commodities Centre's increased focus on colour stones and pearls (DMCC) has appointed Gaiti Rabbani as executive director of its new colored stones and pearls division.
In her new role, Rabbani would be responsible for the strategic development and promotion of Dubai as a global hub for colored stones and pearls, fostering international trade relations and developing local industry services.
Current projects in her portfolio include the Dubai Gems Club, the recently created Dubai Pearl Exchange and the joint venture initiative -Pearls of Dubai.
Prior to her appointment, Rabbani was the chief sales and marketing officer for DMCC.
DMCC reported that in the first half of 2006, Dubai exported more than $653 million of precious and semi-precious gemstones, accounting for 28 percent of the United Arab Emirate’s total exports.
The UAE made up more than $6 billion of the $146 billion global jewelry market in 2006, DMCC stated.