In a very short time span some 40-45 diamond companies have established operations in Dubai. Even De Beers is sending Sight boxes directly to some clients at this location. No need to stress the fiscal attractiveness of the tax-exempt free trade zones. But it isn’t tax avoidance that makes Dubai sought after. Read More...

The rumor mill is working overtime. Word has it that the DTC will appoint an ombudsman, so that any sightholder with complaints gets an institutionalized way to address those concerns. (What about the DTC brokers?) Read More...

With the rough suppliers encouraging diamond manufacturers to enter into joint alliances with diamond jewelry manufacturers and retailers, the need for the industry to look "upstream" - to team up with diamond mines in an effort to secure the continued supply of rough diamonds, is often viewed as something beyond reach. Read More...