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Israel, Bahrain Bourses Sign Agreement
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The Israel Diamond Exchange (IDE) and the Bahrain Bourse have agreed to collaborate on trade following a recent peace deal between the Middle East countries.The two institutions signed a memorandum of understanding (MoU) at the IDE...
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Polished Markets
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Dec 03, 2020
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Rapaport News
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Israel, Dubai Diamond Sectors Sign Trade Deal
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Diamond bourses in Israel and the United Arab Emirates (UAE) have signed a cooperation deal following the recent peace accord between the two Middle East countries.The Israel Diamond Exchange (IDE) will open...
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Polished Markets
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Sep 17, 2020
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Rapaport News
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De Beers Optimistic After 2019 Earnings Slump
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De Beers gave a positive outlook for 2020 due to an improvement in the industry’s inventory situation, despite growing concerns about Chinese demand.Early data from the holiday season indicate midstream stock levels are more balanced...
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Mining
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Feb 20, 2020
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Rapaport News
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HRD Antwerp Enters Iran in Middle East Expansion
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Diamond-grading group HRD Antwerp will launch an educational program in Iran to expand its presence in the Middle East.HRD will start training certified diamond graders in a debut course in Tehran at the end of April in collaboration with Alireza...
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Polished Markets
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Feb 14, 2017
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Rapaport News
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Dhamani Selected to Receive Argyle Pink Diamonds
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Rio Tinto named Dubai-based jeweler Dhamani to its exclusivelist of ‘select ateliers’ for Argyle pink diamonds, granting it access to theminer’s supply of rare stones.The move came as Dhamani launched its new line ofpink-diamond jewelry, the...
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Retail
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Jan 11, 2017
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Rapaport News
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De Beers Opens First Store in Kuwait
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De Beers has opened its first retail store in Kuwait, addingto its only two other Middle East locations in Dubai and Bahrain.“Bringing De Beers to the Kuwait market is an importantmilestone in the development of our brand and our...
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Retail
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Jun 29, 2016
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Rapaport News
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U.K.’s Garrard & Co Sees 2014-15 Revenue, Profit Slump
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Garrard & Co., an exclusive London-based jeweler, said revenueand profit slumped in fiscal year 2014-15 as sales in the Middle East, thecompany’s largest geographical market, fell 43 percent.Totalsales dropped 20 percent to $15.9 million (GBP 11.2 million)...
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Retail
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Mar 09, 2016
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Mordy Rapaport
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De Beers Launches Diamond Grading Service
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The International Institute of Diamond Grading &Research (IIDGR), a unit of De Beers, has launched a diamond grading service inthe Far East, Middle East, India and Europe.Following a pilot test inthe Far East, IIDGR will now...
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Polished Markets
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Feb 23, 2016
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Rapaport News
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Damas Adds 23 Stores to Its Portfolio in 2014
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Damas opened 23 new jewelry outlets across the Middle East in 2014, an expansion that continued to complement the brand's new two-store format -- the Damas retail outlet, which showcases international brands, and the Damas...
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Marketing
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Jan 28, 2015
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Jeff Miller
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Pure Gold Jewellers Opens at Bawabat Al Sharq Mall
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Pure Gold Jewellers opened a new outlet in Abu Dhabi's destination shopping mall, Bawabat Al Sharq Mall, which is already home to an extensive variety of retail brands. The new location marks Pure Gold Jeweller's eleventh in Abu...
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Retail
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Jan 13, 2015
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Jeff Miller
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Pure Gold Jewellers Receives De Beers Delegation
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Press Release: Award-winning jewelry retailer Pure Gold Jewellers hosted a senior level meeting with De Beers executives who visited the company to discuss diamond trading in the Middle East and its role as a leading player...
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Retail
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Oct 14, 2013
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Pure Gold Jewellers
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Retail
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Oct 04, 2012
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Dilipp S Nag
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Gold Jewelry Demand +34% to $21B in 2Q
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The World Gold Council expressed optimism regarding future demand for gold, following a 5 percent year-on-year increase in demand by value during the second quarter of 2011. In terms of volume, demand was down 17 percent from the...
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Research
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Aug 18, 2011
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Ricci Dipshan
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Mid East Watch & Jewellery Show Attracts 53,340 Visitors
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The Mid East Watch & Jewellery Show attracted a record 53,340 visitors, according to organizers, representing a 6 percent increase from one year ago. This five-day show, which takes place twice a year, concluded April 9, 2011. The number of visitors at the annual fall edition of this show...
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Marketing
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Apr 12, 2011
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Jeff Miller
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