The Dubai Multi Commodities Centre (DMCC) has begun exploring opportunities to strengthen ties with Angola in the area of diamond trade. Dubai’s delegation comprising Ahmed Bin Sulayem, Executive Chairman of DMCC, Peter Meeus, Chairman of Dubai Diamond Exchange and Paul Motmans, an expert on the Angolan economy, met with senior government officials of Angola at [...]
Kimberley Process Opens Second Office at Dubai’s Almas Tower
The Kimberley Process Certification Scheme (KPCS) for the ethical trade of rough diamonds has expanded its United Arab Emirates operations with the opening of a second office at Almas Tower, located in the Jumeirah Lakes Towers community in Dubai. Currently operating within the Dubai Airport Free zone alongside the Transguard offices, the second KP office [...]
Flawless Diamond Receives Two Orders for $3 Million
Flawless Diamond India Ltd, which says its diamond and designer jewelry export business has started to pick up again, has received 2 large orders worth $3 million in total. One order is from Madrid Impex FZE of Dubai, while the other is from Malay Impex of Hong Kong.
Gitanjali Lifestyle Sets Up Joint Venture with Damas
Gitanjali Lifestyle Ltd the wholly owned subsidiary of Gitanjali Gems Ltd has decided to set up a joint venture company in India in association with Damas LLC, Dubai for retail trading of all kinds of jewelry and related accessories. Damas has received the necessary approval from the Foreign Investment Promotion Board for setting up the [...]