“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...

20 may 2019

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

WFDB's Asian Summit-Executive Committee meeting debates industry issues in Hong Kong

04 march 2019

The World Federation of Diamond Bourses (WFDB) held its annual Asian Summit-Executive Committee meeting in Hong Kong, hosted by the Hong Kong Diamond Bourse. The meeting took place a day before the opening of the Hong Kong International Diamond, Gem and Pearl Show which is followed by the Hong Kong International Jewellery Show, as per a press note from WFDB.  

Image credit: WFDB

At the meeting, WFDB President Ernie Blom said, "The Asian Summit is critical in giving our Presidents across the region the ability to meet easily and provide their input that is at the top of the industry's agenda. We had representatives attending from the diamond exchanges in Japan, Bangkok, China, India, Dubai, Hong Kong and South Korea.” 
“In addition, I was able to welcome Executive Committee Presidents from a range of countries. I would like to thank them all for taking the time to attend and also express our gratitude to the Hong Kong Diamond Bourse for hosting us. We had important discussions related to, among other subjects, the World Diamond Council's System of Warranties, the Know Your Customer initiative and Blockchain," Blom added. 
"The next Executive Committee will take place in Tel Aviv in June, while the biennial Presidents Meeting of the WFDB and International Diamond Manufacturers Association will be hosted by the Dubai Diamond Exchange in September ahead of the Dubai Diamond Conference," Blom revealed. 

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished