DMCC reported that total rough and polished diamond trade in Dubai reached $38.3 billion in 2023, up 2% year-on-year and representing a five-year compound annual growth rate of 11%. Polished diamond trade was up 32% year-on-year to $16.9 billion, consolidating UAE’s status as the world’s leading diamond trade hub for rough and polished, DMCC said. […]

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The Surat Diamond Bourse (SDB) finally opened on Tuesday (21 November) almost three years late. The $355m bourse (pictured) was originally supposed to open in January 2020, according to the SDB website. That was put back by September 2021, to 2022 and then to April of this year It has officially been recognized by Guinness […]

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Sewelo – the largest rough diamond discovered since 1905 now belongs to French fashion house and luxury retailer Louis Vuitton. Sewelo – the largest rough diamond discovered since 1905 now belongs to French fashion house and luxury retailer Louis Vuitton. The news created quite a stir in the gems and jewellery industry worldwide since this […]

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London-based jeweller Graff just unveiled the largest square emerald cut diamond in the world. The diamond was carved from the Lesedi La Rona, the third largest rough diamond ever discovered, along with 66 smaller diamonds. Found in the Lucara Karowe Mine in Botswana, the Lesedi La Rona – which was purchased by Graff for $53 […]

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