GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

DMCC positions Dubai as a global hub for natural and laboratory-grown diamond trade

08 july 2020
dmcc_logo.pngIn line with its mandate to attract, facilitate and drive new trade flows through Dubai, DMCC is positioning the emirate as a hub for both the natural and laboratory-grown diamond trade. DMCC has now welcomed Lumex to the expanding community of laboratory-grown diamond businesses within the Free Zone, says a DMCC press release.
Lumex is the latest laboratory-grown diamond business to select Dubai and DMCC as the base of its operations in the region.
“Since its inception in 2002, DMCC has attracted, facilitated and promoted diamond trade to, and through Dubai. We welcome Vishal [Mehta] and his team to DMCC and look forward to seeing their enterprise grow from right here in Dubai," said Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC.
Vishal Mehta, Co-Founder and CEO, Lumex, added: “We are proud to be joining DMCC, an entity that has a solid track record of building the natural diamond trade in Dubai. Through their support, we look forward to growing our laboratory-grown diamond operations across the Middle East and beyond.”
DMCC is committed to growing the laboratory-grown diamonds sector in Dubai whilst ensuring that the disclosure, detection and differentiation process is strictly adhered to. This requires that there is no mixing between laboratory-grown diamonds and natural diamonds, there is full disclosure of laboratory-grown products and correct use of current approved nomenclature, which is also available in Arabic.

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