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Latest News & Stories

Trump's tariffs taunting to Indian diamond industry

Currently, the United States account for about half of the India's diamond exports, at an estimated value of $24 billion. Read More..

Times of India: Two leading Indian companies said to be in financial trouble

The firms are unable to pay off their debts to their banks, saw their credit lines withdrawn, and are basically bankrupt. Read More..

India's Enforcement Directorate (ED) wants Choksi back home for trial

Choksi and his cousin Nirav Modi are accused of multi-billion-dollar frauds Read More..

DMCC adds 1,868 companies to free zone in 2018

DMCC continues role as a free zone for companies looking to set up their businesses in the Gulf region. Read More..

N$300m tender for valuation of NamDeb's diamond production still controversial

Namibian businessman denies any involvement in tender won by Gem Diamonds, the company that won a N$300 million contract to valuate Namdeb diamonds over the next five years.   Read More..

Once again, a disappointing Sight by De Beers

With rough diamond sales in a downward spiral, De Beers' fifth sales cycle of 2019 drops to $390 million. Read More..