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

Dubai may have a bank to finance diamond trade

24 may 2021
Dubai may host a bank or financial source within two and a half years to credit trade operations in the diamond market. While Ahmed Bin Sulayem, Chairman and CEO of the Dubai Multi-Commodities Center (DMCC), said it was too early to talk about it, he added that such a tool was the “missing puzzle” in Dubai due to funding difficulties, according to a report by Gulf News.
“It’s not for profit that we are pushing to support this and if need be even invest ourselves in a bank," he said. "It is really to make sure that the diamond industry and traders do not have an excuse to look outside Dubai or DMCC. It’s going to happen one way or the other.”
DMCC's Dubai Diamond Exchange oversaw Dh91.8 billion worth of transactions in rough diamonds last year, the Gulf News report said. The commodities cluster hosted 19 rough diamond tenders... and its first one for emeralds. Last year, there was also the UAE’s largest ever rough diamond tender, which took place on the DDE floor, with 379,912 carats of rough diamonds sold, valued at Dh321.29 million.
“As much as it's a market opportunity, it's about the business. Bankers have also done a few studies on the diamond industry and that's within reach today,” said Sulayem. It “is not as mysterious as it used to be before; so I expect to see this, if not, maybe somebody from the crypto world will provide finance. But it's going to happen.”

Vladimir Malakhov, Rough&Polished