A surge in rough diamond consumption by the growing middle classes in China and India will push global consumption to $26.1 billion in value, from its 2011 level of $15.6 billion, marking a rise of more than 67 per cent, a report said.
With the number of high net-worth individuals worth $30 million and more in Dubai expected to increase by 53 per cent in the next 10 years, the luxury retail markets, including the one for diamonds, will continue to grow, said an expert.
Four lucky winners were awarded a sparkling set of diamonds each worth BD5,000 ($10,113) in a glittering end to Bahrain City Centre’s Winter Wonderland campaign, which brought the treasures of the winter to the desert.&nb
An exquisite $3.5 million bridal set, studded with rare Burma rubies and diamonds, has won lot of admirers at the Jewellery Arabia 2012 expo in Manama.
Bahrain-based Asia Jewellers says visitors from the GCC region, particularly S
Al Zain Jewellery, a leading fine jewellery manufacturer and retailer in the region, launched its 2012 bridal collection, featuring a large variety of wedding sets incorporating diamonds, rubies, emeralds and yellow diamonds.
The 32nd MidEast Watch & Jewellery Show got under way today (March 27) at Expo Centre in Sharjah and will continue until Saturday.
The five-day show was opened by Sheikh Sultan Bin Ahmed Al Qassimi, chairman, Sharjah Media Corporation.
Dhamani Jewels, one of the region’s largest wholesalers of gemstones and diamonds, has opened its global headquarters at the Jumeirah Lakes Towers (JLT) Free Zone in Dubai.
The opening of the modern 10,000 sq. ft office on the 55th floor o
Al Ghurair Centre, a leading shopping centre in Deira, Dubai’s commercial hub, is giving away one sparkling diamond to a lucky shopper every day during Ramadan.
A total of 30 such diamonds are being given away through the month. Shoppers s
The Dubai Diamond Exchange (DDE) said the total diamond trade volumes for 2010 reached 268.7 million carats, up by 50 per cent from 178.1 million, while the value doubled from $17.9 billion to $35.1 billion.
DDE, a leading global diamond t