Sunday 14 February 2016
 
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Damas signs verification deal with Dubai lab

Damas Jewellery, a leading jeweller in the Middle East, has signed a service level agreement with Dubai Central Laboratory Department (DCL) under which a select number of diamonds offered for sale at Damas will be examined by DCL.

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Diamond to unveil key project at top energy summit

Diamond Developers, a UAE-based real estate development company, is set to showcase its ambitious Sustainable City project at the forthcoming World Future Energy Summit 2016 to be held in the capital Abu Dhabi from January 18 to 21.

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NMDC backs marine, maritime leaders summit

National Marine Dredging Company (NMDC) has pledged its support to the Abu Dhabi Global Summit of Marine & Maritime Leaders, by becoming the diamond sponsor.    The summit will be held on January 20 at T

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Fake diamonds alert issued to Bahraini jewellers

Bahraini jewellers have been warned to be on their guard against fake diamonds that could penetrate the market through rogue traders abroad. So-called chemical vapour deposition (CVD) diamonds are produced or “grown” through an art

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DMCC initiative to host diamond financing seminars

The Dubai Diamond Exchange, a DMCC initiative, is planning to hold three seminars on diamond financing this year, underscoring the growing importance of the issue for the global diamond industry. Finance and liquidity was one of t

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'Extremely rare' pink diamond set for auction

Sotheby's auction house has said it will auction off an extremely rare and historically important pink diamond and an equally exceptional Burmese ruby next month, hoping to get up to $18 million for each. The Historic Pink Dia

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Fomer EU President to open Dubai Diamond Conference

The Dubai Diamond Exchange (DDE), the region’s only diamond and precious stones trading platform, has announced Herman Van Rompuy, former EU President, as the opening speaker for the Dubai Diamond Conference 2015. The conference w

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Rio Tinto to invest $500m in India diamond project

Global mining company Rio Tinto plans to invest $500 million in a diamond project in the Indian state of Madhya Pradesh, its chief executive officer Sam Walsh said on Monday. The company is waiting for environment approvals from the Ind

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$8bn worth diamonds on show at Dubai jewellery expo

More than a million diamonds worth over Dh29.39 billion ($8 billion) will be on show at the Dubai International Jewellery Week 2014 to be held next month. The show will run from December 3 to 6 at the Dubai World Trade Centre, where ind

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Petra finds $10m-plus white diamond

Petra Diamonds has recovered a 232.08 carat white diamond at its Cullinan mine in South Africa, which three analysts said could fetch between $10 million and $16 million. Shares in the diamond miner climbed as much as 6.5 percent

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