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RAPAPORT. Dubai has become something of a focal point for the diamond industry during the pandemic. While the United Arab Emirates (UAE) imposed a lockdown in the spring of 2020, the country has been more open than many since easing its restrictions in the summer. This, combined with being. ....
DMCC’s largest-ever tender fetches Dhs321.29m in rough diamond sale 17 Dec 2020 DMCC has been a driving force in establishing the emirate as a hub for diamond trade. DMCC – the world’s flagship 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 United Arab Emirates (UAE). A total of 379,912 carats of rough diamonds were sold, valued at $87.47 million (Dhs321.29 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, offered clients the opportunity to bid for rough diamonds from South Africa and Angola over an eight-day period. ....
DMCC's Dubai Diamond Exchange Hosts the Largest Rough Diamond Tender Ever To Take Place in the UAE albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
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. ....
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. ....