If the last years were those of gold, the decade to come will be the years of the diamond, with demand outgrowing production twice as fast, said a report by top consultancy Bath and Company.
The demand for diamonds will reach 247 million c
Global miner Anglo American is set to take control of diamond giant De Beers, buying out South Africa's Oppenheimer family in a $5.1 billion deal that ends the dynasty's direct links to the diamond business after almost a century.
Women rate diamond jewellery at the top of the gifting hierarchy, according to a survey.
Forty-three percent of women across the Gulf states desire diamond jewellery above any other gift including luxury watches, designer clothing, fragran