WFDB’s Asian Summit-Executive Committee Meeting Debates Industry Issues in Hong Kong
Antwerp, Belgium – March 2019: The World Federation of Diamond Bourses (WFDB) has held its annual Asian Summit-Executive Committee meeting where it conducted discussions on a range of issues of importance to the global...
Greek jeweler Folli Follie fined again by regulator
Greece’s securities regulator on Thursday imposed fines worth 20.3 million euros ($23.10 million) on luxury jewellery maker Folli Follie and 10 former and current top executives, citing market manipulation over 2016 financial information.
The Hellenic...
P. Mangatram Jewellers unveils wide assortment of gemstone studded jewellery at IIJS Signature 2019
P Mangatram Jewellers Pvt. Ltd.’, the purveyors of studded jewellery has unveiled three new collections at IIJS Signature 2019. These include Shahi, Deccani and Nysa.
The gemstone studded jewellery market in India has grown exponentially...
Nompumelelo Zikalala appointed Managing Director of De Beers Group Managed Operations
De Beers has appointed Nompumelelo (Mpumi) Zikalala as Managing Director of De Beers Group Managed Operations, the company that comes instead of De Beer Consolidated Mines (DBCM). Mpumi, currently Deputy Chief Executive Officer at...
Citigroup says Venezuela deal covered $1.6 billion in gold
Citigroup Inc. said it entered into a financing deal with Venezuela’s central bank in 2015 essentially using $1.6 billion of gold held at the Bank of England as collateral.
A subsidiary bought the precious metal...
Diamond Producers Association to push self-purchasing message during the Oscars
The latest campaign from the Diamonds Producers Association (DPA) targets the industry’s strongest growth market.
As the third wave of the Real is Rare, Real is Diamond campaign, ‘For Me, From Me’, targets self-purchasing women...
De Beers Group reports full-year revenue increase
The De Beers Group has reported an increase in revenue for 2018, a performance the company describes as “robust” despite a number of headwinds.
Total revenue for the year increased by 4% for $6.1bn (£4.7bn),...
GJEPC’s First-Ever India Pavilion at Doha Jewellery Exhibition Marks ‘Qatar-India Year of Culture’
The first ever India Pavilion at the Doha Jewellery and Watch Exhibition was opened yesterday by HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani along with Bollywood star...
HKTDC to open two gem and jewelry shows in last week of February
Next week, ten thousands of international gem and jewelry industry buyers will touch down in Hong Kong to take part in the sixth Hong Kong International Diamond, Gem & Pearl Show, opening on February...
India’s Polished Exports Dip in January; Jewellery Exports Up
Exports of cut and polished diamonds from India dropped by 16.07% year-on-year during the month of January 2019, while gold jewellery (plain and studded) exports rose 32.35% y-o-y during the month, according to provisional...
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