“We are building a new state-of-the-art tender facility,” says Ahmed Bin Sulayem, Executive Chairman, DMCC

Ahmed Bin Sulayem certainly needs no introduction being widely popular globally as one of the leaders of modern Dubai. As the Executive Chairman of DMCC, Ahmed Bin Sulayem has played and continues to play a key role in establishing and positioning DMCC...

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De Beers scaling up Tracr ahead of formal launch

De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year. A De Beers spokesperson Bianca Ruakere told Rough & Polished in an exclusive interview that...

13 may 2019

The perfect couple - platinum and diamonds

The Jewelry House of Leon Megé located in New York has long been firmly established in the jewelry market as a source of magnificent jewelry, in which platinum and diamonds often sparkle being married together and attracting everyone’s eyes, but are...

06 may 2019

The technology of growing single-crystal diamonds has now become industrial in nature

It is believed that the reserves of natural diamonds will be exhausted by the middle of the century, and therefore production of synthetic diamonds is rapidly gaining relevance. According to Business Insider India’s estimates, the global synthetic diamond...

29 april 2019

De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload...

22 april 2019

ALROSA CEO may refuse to participate in the Davos Forum

05 december 2018
(IA SakhaNews) - “I have not made a decision yet (regarding the participation in the forum - TASS). In principle, this was in my plans as there we have a separate workshop attended by executives of the world's largest mining and steel companies, but from the point of view of business ethics and probably from the point of view of supporting Russian businessmen, including our colleagues, state banker Andrey Kostin, I understand that if a group of Russian businessmen does not go to the forum in Davos, I can probably think from the point of view of my participation as well,” said Ivanov.
Earlier, citing its sources, the Financial Times said that Rusal’s co-owner Oleg Deripaska, Renova’s owner Viktor Vekselberg and VTB head Andrey Kostin will not be invited to the World Economic Forum in Davos in 2019. Prime Minister Dmitry Medvedev said that if restrictions on the work of Russian businessmen in Davos are not lifted, Russia will refuse to participate in the forum.
As Russian President Vladimir Putin recently said, a possible boycott by Russia of the World Economic Forum in Davos will not affect the country's authority. According to him, every Russian businessperson can take an independent decision about his or her participation in this event.
The Davos Forum is an annual meeting gathering representatives of the political and business elite. In addition to politicians and businessmen, the event is attended by representatives of public organizations, academia, cultural figures and media executives taking part in discussions. The next traditional annual meeting in Davos, Switzerland to be held on January 22 to 25, 2019 will be devoted to the problem of globalization and world-wide transformations in the age of the Fourth Industrial Revolution.