• The world's foremost authority on diamonds, coloured stones, and pearls will establish a new laboratory to serve the global gem trade in DMCC's new Uptown Tower, occupying two floors in a 9-year deal
• Establishment of GIA's laboratory in DMCC reflects Dubai's status as a global hub for business
• Up to 500 new jobs in DMCC's business district
• Majority of commercial office space in the 340m tower now pre-leased ahead of Q4¹22 completion
• Dubai continues diamond industry growth, providing c
A public benefit, non-profit institute, GIA is the leading source of knowledge, standards, and education in gems and jewellery.
The new GIA laboratory, set to open in mid-2023, will occupy over 41,000 square feet across two floors of the 340m tall Uptown Tower as part of a 9 year deal. Over time this could see up to 500 skilled new jobs created in DMCC's business district.
The tower's 22 floors of grade-A premium office space are now substantially pre-leased ahead of the Tower's completion in Q4 2022. Uptown Tower topped-out in January this year, with construction currently completed and the tower in its testing and commissioning phase.
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Finestar Jewellery & Diamonds Namibia Factory Inauguration
Finestar Jewellery & Diamonds held the Inauguration Ceremony of its Diamond Manufacturing Factory in Windhoek, the capital of the Republic of Namibia on 15th July, 2022. This event celebrated the beginning of their beneficiation journey in Namibia which began in April 2021.
Gemological Institute of America To Move Into DMCC's Uptown Tower in Dubai
DMCC the world's flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise - has announced that the world's foremost authority on diamonds, coloured stones, and pearls, the Gemological Institute of America (GIA), through its subsidiary GIA Laboratory DMCC, will lease space for a new gemmological laboratory in Dubai's latest landmark - DMCC's Uptown Tower.
Jewellery & Gem WORLD Singapore from 27th Sep
Hong Kong: Prominent names in the diamond world will showcase their brilliance at Asia's top B2B jewellery sourcing destination of the year - Jewellery & Gem WORLD Singapore (JGW Singapore).
De Beers Appoints New Official
New York: De Beers has appointed Ivette Nersesyan-Stephanopoulos as vice president of Code of Origin and trade services for North America.
Zimbabwe Rakes in US$700m from Diamonds
Harare: Zimbabwe sold diamonds worth US$700 million last year, but foreign currency shortages persist, while a huge financing gap has left public amenities such as hospitals on the brink of collapse.
Complex challenges for jewellery sector
According to Somasundaram PR, Managing Director, World Gold Council India, gold is facing some complex challenges in the second half of the year.
Akshaya Tritiya boost sales for Tanish
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Gold demand loses lustre after initial surge, the second half could be better than the first half
Gold jewellery industry in India is currently undergoing a slowdown phase due to a sharp increase in import duty coupled with sustained rise in inflation that squeezes disposable savings for the average middle class.
Honours the winners of PGI's flagship programme.
PGI INDIA FELICITATES PLATINUM SEASON OF LOVE 2022 AWARD WINNERS AT THE AWARDS
Diamond Industry on Path of Recovery
For the Indian and global diamond industry, past years Following turbulent conditions in 2020, the diamond industry proved to be brilliant and resilient, and delivered a spectacular showing in 2021.