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Almas Tower
Dubai Exchange Holds First Lab-Grown Tender
The Dubai Multi Commodities Centre (DMCC) will offer rough lab-grown diamonds at tender for the first time, as it aims to diversify the emirate’s trade. The sale, which will be run by Hong Kong-based diamondtrading firm...
Rough Markets May 12, 2019 Rapaport News
Dubai 150
Dubai Diamond Exchange Elects Board
The Dubai Diamond Exchange (DDE) has elected a new board of directors,featuring a range of professionals from across the industry, the bourse saidMonday. New members include Amit Dhamani, CEO of Dhamani Jewels;Davy Blommaert, the diamond-and-metals...
Rough Markets May 08, 2018 Rapaport News
Virginia Drosos Signet
2017’s Diamond Merry-Go-Round
The past year has seen a number of changes in management-levelemployees within the diamond industry. Here’s a breakdown of the new faces anddepartures for 2017: Alrosa CEO Andrey Zharkov stepped down to besucceeded by former Sberbank senior...
Polished Markets Dec 26, 2017 Rapaport News
Andrew Bone RJC Responsible Jewellery Council
RJC, DMCC Sign Social Responsibility Deal
The Responsible Jewellery Council (RJC) and the Dubai Multi CommoditiesCentre (DMCC) have agreed to collaborate to improve corporate socialresponsibility and promote high standards in the jewelry trade.Under the memorandumof understanding, the groups will...
Polished Markets Oct 22, 2017 Rapaport News
Peter Meeus
Peter Meeus to Leave Dubai Exchange
Peter Meeus is stepping down from his position as chairman of the Dubai Diamond Exchange (DDE), effective on January 1, the exchange informed the trade Monday. He will be replaced by Ahmed Bin Sulayem, who heads DDE’s parent...
Polished Markets Oct 17, 2017 Avi Krawitz
Dubai
Dubai Trade Warns Against Diamond Tax
The introduction of value added tax (VAT) on loosediamonds would strongly jeopardize growth opportunities in the United ArabEmirates (UAE), Dubai’s diamond leadership warned on Monday.“The possible cost implications of a VAT introduction forUAE traders are huge,”...
Polished Markets Oct 17, 2017 Avi Krawitz
Dubai
Dubai Conference Set for October
The Dubai Diamond Exchange (DDE) will host its biennialdiamond conference on October 16 and 17 this year, and expects to attractfigures from across the industry.The Dubai Diamond Conference 2017, which focuses on thetheme of “shaping the...
Polished Markets Jul 05, 2017 Rapaport News
Dubai
Alrosa in Talks to Raise Dubai Rough Sales
Alrosa has agreed to work more closely with Dubai to expandthe Russian miner’s business in the emirate’s trading center.Recently appointed Alrosa president Sergey Ivanov and AhmedBin Sulayem, executive chairman of the Dubai Multi Commodities...
Rough Markets Jun 14, 2017 Rapaport News
Dubai
Dubai Sees Diamond Trade Jump in 2016
The Dubai Diamond Exchange (DDE) gained 268 new members in 2016, facilitating a sharp rise in diamond-trading activity there.A total of 945 companies now operate in the bourse, out of the 13,500 members that the Dubai...
Rough Markets Apr 18, 2017 Rapaport News
Central African Republic CAR
Cameroon Enabling CAR Conflict Diamonds: NGO
Conflict diamonds from the Central African Republic (CAR) are entering the supply chain because of poor prevention controls, non-governmental group Partnership Africa Canada (PAC) alleged.Rough stones are being smuggled across the...
Rough Markets Dec 05, 2016 Rapaport News
Ahmed Bin Sulayem KP plenary November 2016
KP Approves Plan for UN Secretariat
Attendees at the Kimberley Process (KP) plenary in Dubaivoted in favor of a proposal to set up a United Nations-mandated permanentsecretariat to oversee the return of excluded countries to the diamond trade.More than 300 delegates also gave the go-ahead to KP chairAhmed Bin...
Fair Trade Nov 17, 2016 Rapaport News
Ahmed Bin Sulayem
KP Eyes Consensus on Rough Valuation
The Kimberley Process (KP) chair will hold a forum in Dubainext week aimed at finding a consensus on the criteria for evaluating roughdiamonds.The event will take place at The Westin Dubai, Al Habtoor City, onNovember 13 on the first...
Rough Markets Nov 09, 2016 Rapaport News
Rough Diamonds
NGO Upholds Boycott of Kimberley Process
A member of the Civil Society Coalition said it is still boycotting the Kimberley Process (KP) despite claims it will attend the organization’s plenary meeting in Dubai beginning November 13.Ahmed Bin Sulayem, the United Arab Emirates...
Fair Trade Oct 31, 2016 Rapaport News
Ahmed Bin Sulayem
KP Wants Industry to Fund Civil Society Attendance
Diamond industry members participating in Kimberley Process(KP) activities will be required to pay twice so that a non-profit group canalso attend, under plans put forward by the KP chair.Anyone from the trade attending a review visit, mission ormeeting...
Fair Trade Oct 26, 2016 Rapaport News
Alluvial Mining Rough
Civil Society Member Returns to KP Fold
Non-profit group CENADEP will attend this year’s KimberleyProcess (KP) plenary next month after the KP chair urgedthe Civil Society Coalition to end its boycott.The Democratic Republic of Congo-based organization said itrecognized the progress...
Fair Trade Oct 25, 2016 Rapaport News
Ahmed Bin Sulayem
KP Proposes UN-Mandated Permanent Secretariat
The Kimberley Process (KP) chair called forthe establishment of a permanent secretariat to oversee the rehabilitation ofnations that have been banned from exporting diamonds.The proposal will be part of the agenda atthe KP plenary in Dubai from...
Fair Trade Oct 19, 2016 Rapaport News
Robert Mugabe
Bin Sulayem Seeks Mugabe's Views on KP
The chair of the Kimberley Process (KP) Ahmed Bin Sulayemmet Robert Mugabe to understand the Zimbabwe president’s views on the organizationand the country’s future in the diamond industry.Bin Sulayem’s visit to Zimbabwe was part of a tour...
Financial-Legal Sep 29, 2016 Rapaport News
CAR Central African Republic
CAR Set to Increase Diamond Exports
The Kimberley Process (KP) declared three new ‘compliantzones’ in the Central African Republic, meaning diamond exports from thoseregions can resume after a suspension of more than two years.The KP’s monitoring team approved shipments...
Retail Sep 27, 2016 Rapaport News
Stephane Fischler
KP Plans Rough Valuation Forum in Antwerp
The Kimberley Process (KP) and the Antwerp World DiamondCentre (AWDC) will hold the second of three forums on rough diamond valuationin Antwerp later this month.The KP will “continue the dialogue” to augmentits understanding of “how...
Rough Markets Sep 05, 2016 Rapaport News
Ahmed Bin Sulayem
Dubai Probing Rough Diamond Values
From the get go, the United Arab Emirates’ (UAE) chairmanship of the Kimberley Process (KP) had a fair share of controversies as civil society, and a number of member states, expressed their concern with seating the...
Rough Markets Aug 25, 2016 Avi Krawitz
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