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Stargems Dubai Tender
Stargems Closes Strong Dubai Rough Tender
Stargems sold nearly $50 million worth of rough diamonds ata tender in Dubai this month. A total of 577,000 carats of high-quality rough from acrossAfrica went on sale at the Dubai Diamond Exchange’s Almas Towers, withmore than...
Rough Markets Nov 25, 2019 Rapaport News
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
RJC
RJC Appoints Executive Director
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,...
Polished Markets Apr 10, 2019 Rapaport News
DMCC GJEPC partnership
DMCC Joins GJEPC’s My KYC Initiative
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,...
Financial-Legal Dec 23, 2018 Rapaport News
HRD Antwerp
HRD to Open its First Middle East Jewelry Lab
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...
Polished Markets Dec 19, 2018 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
Stargems to Host Dubai Rough Tenders 150
Stargems to Hold Dubai Rough Tenders
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...
Rough Markets Feb 19, 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
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
Kimberley Process
UAE ‘Ready to Back Venezuela’s Return to Kimberley Process’
The United Arab Emirates (UAE) is prepared to support Venezuela’s attemptto return to the Kimberley Process (KP), The National reported, citingAhmed bin Sulayem, the chairman of the Dubai Multi Commodities Centre (DMCC)and the new...
Fair Trade Feb 16, 2016 Rapaport News
National Bank of Fujairah Diamond Financing
National Bank of Fujairah Opens Diamond Financing Office in Dubai
The National Bank of Fujairah (NBF) opened its diamond financing office in the Dubai Multi Commodities Centre (DMCC). Thiscomes after the United Arab Emirates bank set up a diamond financing team inApril 2015 to fund...
Financial-Legal Dec 27, 2015 Rapaport News
Kimberley Process
Ahmed Bin Sulayem Appointed UAE’s Kimberley Process Chair
TheUnited Arab Emirates’ (UAE) Ministry of Economy has appointed Ahmed Bin Sulayem, chairman of the Dubai Multi Commodities Centre, as the country’schair of the Kimberley Process (KP) for 2016.Sulayem willbe responsible for official duties...
Fair Trade Dec 22, 2015 Rapaport News
DMCC
Dubai Diamond Exchange Sets Financing Seminars
The Dubai Diamond Exchange (DDE) will hold an inaugural series of seminars to raiseawareness of diamond-financing options and explore ways in which the emirate’s trade infrastructureand financial institutions can support the industry.The first of three Dubai...
Financial-Legal Oct 08, 2015
DMCC
DMCC Launches Responsible Sourcing Program for Gold, Silver
Press Release: The Dubai Multi Commodities Centre (DMCC), Dubai’s and the region’s global gateway for commodity trade and enterprise, has confirmed the launch of its new responsible sourcing market deliverable brand...
Marketing Feb 03, 2014 DMCC
Almas Towers
Dubai Polished Auction Nets $7M
The Diasqua group, a polished trading company, sold 34,000 carats of polished diamonds for $7.2 million at an auction through the Dubai Diamond Exchange (DDE). The event was the first polished auction to be held in the...
Polished Markets Feb 02, 2011 Avi Krawitz
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