The Emirati city’s central location and favorable business conditions have helped push it to prominence as a trading center. Amid the frantic schedule of Dubai Diamond Week in November, executives of ...

The runaway success of Chemena Kamali’s debut as fashion house Chloe’s creative director last year coincided with a revival of boho-chic clothing and jewelry. Chloe’s lacy lingerie dresses, chiffon ...

The Rapaport Group is moving proactively into the luxury jewelry sector and is establishing an exclusive Rapaport Luxury Group that will promote the sale of high-quality diamonds and jewelry to select ...

Botswana has reached a diamond extraction and sales agreement with De Beers, marking a crucial step toward securing the future of its gem-driven economy. The parties secured the conditions of the deal ...

Sales of jewelry and watches at LVMH fell in 2024 as the downturn in luxury persisted, though demand strengthened in the latter part of the year. Revenue from the segment slipped 3% to EUR 10.58 ...

Prices of fancy-color diamonds fell 2.2% in 2024, as a downturn in luxury and socioeconomic uncertainties slowed demand, according to the Fancy Color Research Foundation (FCRF). Yellow fancy-colored ...

Botswana President Duma Boko announced that the country was close to finalizing a new agreement with De Beers, with only a few minor issues left to resolve. Speaking to Reuters at the World Economic ...

Gem Diamonds’ revenue grew in 2024 as the miner recovered a greater proportion of large stones, which led to a rise in the average price. Sales from the company’s Letšeng mine in Lesotho increased 10% ...

Revenue from the Ekati deposit’s rough production fell during the fourth quarter as demand for lower-quality rough waned, according to owner Burgundy Diamond Mines. Sales from the Canadian mine ...

The news at last week’s De Beers sight was what soccer fans might call “off the pitch.” The sale itself was uneventful. The miner left rough prices unchanged at the first cycle of the year after ...

Find out what business opportunities Dubai has to offer, see the growth and the expansion of the business world in Dubai. Follow Martin Rapaport’s interviews with Dubai’s most important and ...

Indian supplier VD Global will provide diamonds to AthleteGEM in a new joint venture that aims to “reignite” the industry using investment-driven sports memorabilia. AthleteGEM is the brainchild of VD ...