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313ct. Diamond Emerges as World’s Largest D-Color
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Nemesis International on Thursday unveiled a 313-carat diamond that has been certified as the largest D-color polished stone in history. The emerald-shape, VVS-clarity diamond, known as Constellation 1, is one of eight stones that make up a collection manufactured from...
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Polished Markets
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Sep 26, 2019
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Avi Krawitz
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Dubai Opens Revamped Diamond Bourse
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The Dubai Multi Commodities Center (DMCC) has unveiled aredesigned diamond exchange, featuring the world’s largest diamond-tradingfloor and special windows that will enable it to hold ruby and sapphiretenders. The Dubai Diamond Exchange...
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Rough Markets
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Sep 25, 2019
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Rapaport News
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Dubai Upgrading Diamond-Tender Center
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The Dubai Diamond Exchange (DDE) will soon unveil its renovated center for rough and polished diamond tenders, the bourse reported Saturday. “The DDE is currently under renovation,” the exchange said. “Once...
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Polished Markets
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Jul 29, 2019
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Rapaport News
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Dubai Exchange Holds First Lab-Grown Tender
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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...
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Rough Markets
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May 12, 2019
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Rapaport News
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RJC Appoints Executive Director
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The Responsible Jewellery Council (RJC) has named IrisVan der Veken executive director, the first woman to hold the position. She replaces Andrew Bone, who left the organization in March.“[Van der Veken] is a strong,...
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Polished Markets
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Apr 10, 2019
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Rapaport News
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DMCC Joins GJEPC’s My KYC Initiative
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The Dubai Diamond Exchange (DDE) will join the Gem &Jewellery Export Promotion Council’s (GJEPC) digital know-your-customerplatform. All members of the DDE’s parent company, the Dubai Multi Commodities Centre(DMCC), that trade in diamonds,...
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Financial-Legal
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Dec 23, 2018
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Rapaport News
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HRD to Open its First Middle East Jewelry Lab
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HRD Antwerp will open a diamond-jewelry grading laboratoryin Dubai’s Almas Tower through a partnership with retailer Stargems Group. The center, which will be HRD’s first such lab in the MiddleEast, will be located within the...
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Polished Markets
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Dec 19, 2018
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Rapaport News
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Dubai Diamond Exchange Elects Board
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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...
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Rough Markets
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May 08, 2018
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Rapaport News
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Stargems to Hold Dubai Rough Tenders
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Stargems will host a series of rough-diamond tenders in Dubai this year, enabling miners, suppliers and other companies to buy and sell goods.The sourcing-and-supply company has formed a partnership with the Dubai DiamondExchange (DDE) to stage...
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Rough Markets
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Feb 19, 2018
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Rapaport News
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2017’s Diamond Merry-Go-Round
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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...
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Polished Markets
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Dec 26, 2017
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Rapaport News
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RJC, DMCC Sign Social Responsibility Deal
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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...
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Polished Markets
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Oct 22, 2017
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Rapaport News
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Dubai Factory to Cut 813ct. Constellation
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Dubai’s first diamond-manufacturing facility, which officially opened Tuesday, has been tasked with cutting and polishing the world’s most valuable rough diamond. Almas Diamond Services set up the factory with an investment of $1.8...
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Manufacturing
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Oct 19, 2017
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Avi Krawitz
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Peter Meeus to Leave Dubai Exchange
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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...
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Polished Markets
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Oct 17, 2017
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Avi Krawitz
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Dubai Trade Warns Against Diamond Tax
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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,”...
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Polished Markets
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Oct 17, 2017
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Avi Krawitz
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WDC Members to Meet in Dubai
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The World Diamond Council (WDC) will hold its 13th annualgeneral meeting in Dubai, the organization said Wednesday.The AGM will feature discussions of industry recommendationsfor the Kimberley Process Certification Scheme (KPCS) review cycle,...
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Rough Markets
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Jul 26, 2017
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Rapaport News
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Alrosa in Talks to Raise Dubai Rough Sales
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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...
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Rough Markets
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Jun 14, 2017
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Rapaport News
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Dubai Sees Diamond Trade Jump in 2016
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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...
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Rough Markets
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Apr 18, 2017
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Rapaport News
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Al Hashemi to Head KP Participation Committee
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The United Arab Emirates’ representative at the Kimberley Process (KP), Maryam Al Hashemi, has been appointed to chair the KP’s Committee on Participation and Chairmanship for this year, the UAE recently reported.The committee – which...
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Rough Markets
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Mar 21, 2017
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Rapaport News
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Dubai Probing Rough Diamond Values
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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...
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Rough Markets
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Aug 25, 2016
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Avi Krawitz
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Fair Trade
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Feb 16, 2016
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Rapaport News
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