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Dubai Sells $87m of Rough in Record-Breaking Tender

Dubai Sells $87m of Rough in Record-Breaking Tender
December 17, 20 by John Jeffay
(IDEX Online) - The Dubai Diamond Exchange sold $87.5m of gems at the UAE s largest ever rough tender.
More than 250 companies took part, with delegates flying in from India, Hong Kong, Russia, Belgium a
nd Lebanon, as well as Israel, now that links have been normalized .
Organizers said the record-breaking tender testament to strength of Dubai s diamond ecosystem and confidence boost for its industry.
A total of 379,912 carats of rough diamonds from South Africa and Angola were sold to 115 customers during the eight-day event organized by Stargems DMCC at the Almas Tower skyscraper. ....

United Arab Emirates , Hong Kong , South Africa , Shailesh Javeri , John Jeffay , Dubai Diamond Exchange , Dubai Multi Commodities Centre , Stargems Group , Dubai Sells , Almas Tower , Bin Sulayem , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஹாங் காங் , ஷைலேஷ் ஜாவேரி , துபாய் வைரம் பரிமாற்றம் , துபாய் பல பொருட்கள் மையம் , துபாய் விற்கிறது , அல்மாஸ் கோபுரம் ,

DMCC's Dubai Diamond Exchange hosts largest rough diamond tender in UAE - News

DMCC’s Dubai Diamond Exchange hosts largest rough diamond tender in UAE
Wam/Dubai
Filed on December 18, 2020
The record-breaking tender, organised by Stargems DMCC in Almas Tower, offered clients the opportunity to bid for rough diamonds from South Africa and Angola over an eight-day period.
A total of 379,912 carats of rough diamonds were sold, valued at $87.47 million (Dh321.29 million) with 115 winning customers.
The DMCC – a Free Zone and Government of Dubai Authority on commodities trade and enterprise – announced that it has successfully hosted the largest rough diamond tender ever to take place in the UAE.
A total of 379,912 carats of rough diamonds were sold, valued at $87.47 million (Dh321.29 million) with 115 winning customers. Over 250 companies participated in the tender and 500 individuals flew into Dubai to take part in the event with delegates from India, Hong Kong, Russia, Israel, Belgium and Lebanon. ....

United Arab Emirates , Hong Kong , South Africa , Shailesh Javeri , Government Of Dubai Authority , Stargems Group , Free Zone , Dubai Authority , Almas Tower , Executive Chairman , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஹாங் காங் , ஷைலேஷ் ஜாவேரி , அரசு ஆஃப் துபாய் அதிகாரம் , இலவசம் ஸோந் , துபாய் அதிகாரம் , அல்மாஸ் கோபுரம் , நிர்வாகி தலைவர் ,

Emirates News Agency - DMCC's Dubai Diamond Exchange hosts largest rough diamond tender in UAE

DMCC’s Dubai Diamond Exchange hosts largest rough diamond tender in UAE
DUBAI, 17th December, 2020 (WAM) DMCC – a Free Zone and Government of Dubai Authority on commodities trade and enterprise – announced that it has successfully hosted the largest rough diamond tender ever to take place in the UAE.
A total of 379,912 carats of rough diamonds were sold, valued at US$87.47 million (AED321.29 million) with 115 winning customers. Over 250 companies participated in the tender and 500 individuals flew into Dubai to take part in the event with delegates from India, Hong Kong, Russia, Israel, Belgium and Lebanon.
The record-breaking tender, organised by Stargems DMCC in Almas Tower, offered clients the opportunity to bid for rough diamonds from South Africa and Angola over an eight-day period. ....

United Arab Emirates , Hong Kong , South Africa , Shailesh Javeri , Government Of Dubai Authority , Stargems Group , Free Zone , Dubai Authority , Almas Tower , Executive Chairman , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஹாங் காங் , ஷைலேஷ் ஜாவேரி , அரசு ஆஃப் துபாய் அதிகாரம் , இலவசம் ஸோந் , துபாய் அதிகாரம் , அல்மாஸ் கோபுரம் , நிர்வாகி தலைவர் ,