Thursday 16 January 2025
 
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Diamonds

300th Malabar Gold & Diamonds branch opens in Dallas

Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with a strong retail network across 10 countries, has opened its 300th global showroom in Dallas, US. On the occasion, it also announced expansion plans into the UK, Bang

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Diamonds make up 90pc of Botswana's exports to UAE

The UAE's trade with Botswana in 2018 was Dh5.14 billion ($1.4 billion), with diamonds accounting for more than 90 per cent of the African country’s exports to the UAE, said the Dubai Chamber of Commerce and Industry (DCCI).

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DMCC to host first rough laboratory-grown diamonds tender

DMCC, a leading global free zone for commodities trade and enterprise, will host the first rough laboratory-grown diamonds tender on its Dubai Diamond Exchange (DDE) in Almas Tower, Dubai, UAE. The tender is in line with DMCC&rsqu

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Jewel Corner launches new kiosk in Dubai

Jewel Corner, a fine jewellery brand from the UAE, recently launched a modern and fashionable kiosk at the Union Coop Hypermarket, in Dubai, UAE. The jewellery kiosk is beautifully designed and provides a preview of all the collec

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Rolls-Royce paints car with diamonds

A connoisseur of luxury has chosen to share his personal vision of elegance with those who attend the Geneva Motor Show this year with the Rolls-Royce Ghost “Elegance”, the first luxury motor car to be finished in a paint created fro

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$10m in diamonds robbed from New York jeweller

Up to $10 million in diamonds have been reported stolen from a New York jeweller who left them in an unlocked safe, police said on Friday. The jeweller, Jonathan Birnbaum, reported the diamonds missing from his Manhattan business

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Sotheby’s Doha art sale nets $7.5m

A recent Sotheby’s sale of contemporary art in Doha, Qatar achieved a strong total of $7.51 million, solidly between pre-sale expectations of $6.17-8.86 million. The Contemporary Art Doha sale was 76 per cent sold by lot and

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Global diamond consumption to surge 67pc

A surge in rough diamond consumption by the growing middle classes in China and India will push global consumption to $26.1 billion in value, from its 2011 level of $15.6 billion, marking a rise of more than 67 per cent, a report said.

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Dubai diamonds market ‘set to grow’

With the number of high net-worth individuals worth $30 million and more in Dubai expected to increase by 53 per cent in the next 10 years, the luxury retail markets, including the one for diamonds, will continue to grow, said an expert.

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Russian from Dubai held with 26,000 diamonds

  Some 26,000 diamonds, worth at least $162,000 and contained in transparent plastic bags in hand luggage, proved too much for the "nothing to declare" lane at a Moscow airport.   An unemp

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