News, Latest Update, Breakig Headline, Current from India World, M2M

DMCC, the leading international business district that drives the flow of global trade through Dubai, has announced a new Memorandum of Understanding (MoU) between the Dubai Diamond Exchange (DDE) and the London Diamond Bourse (LDB) to strengthen cooperation between the two bourses, expand opportunities for their respective members and reinforce collaboration across the international diamond and gemstone trade. The MoU establishes a framework for closer cooperation between the two organisations, with a focus on promoting responsible trade, facilitating commercial opportunities, encouraging knowledge exchange and strengthening links between members. The partnership will also support dialogue on issues affecting the international diamond industry, helping both bourses respond to an increasingly interconnected and rapidly evolving global marketplace. At a time when the international diamond industry is placing renewed emphasis on collaboration across trading centres, the agreement reflects a shared commitment to strengthening relationships between World Federation of Diamond Bourses members and supporting a more connected global trading network. The agreement was signed by Ahmed Bin Sulayem, Chairman of the Dubai Diamond Exchange, and the London Diamond Bourse President Charlotte Rose, marking the first formal international partnership established under her presidency since assuming her new position in June. Ahmed Bin Sulayem, Chairman, Dubai Diamond Exchange, said: “The Dubai Diamond Exchange was built on the belief that connecting markets creates opportunity. This partnership with the London Diamond Bourse reflects that philosophy, bringing together two major diamond trading centres to strengthen collaboration and expand opportunities for our respective members. The future of our industry will not be built by individual markets acting alone. By working more closely together, we can establish a stronger network of trusted trading centres, sharing expertise, upholding recognised standards, and reinforcing confidence and growth across the global diamond trade.” Charlotte Rose, President, London Diamond Bourse, said: “There is no better partner for the London Diamond Bourse to begin this new chapter with than the Dubai Diamond Exchange. As a fellow member of the World Federation of Diamond Bourses, the DDE shares our commitment to trusted, well-governed trading, and this agreement opens up real opportunities for members on both sides. I’m looking forward to seeing where this partnership takes us.” Established in 2004, the Dubai Diamond Exchange is the only bourse in the Gulf Cooperation Council affiliated with the World Federation of Diamond Bourses. Based in Almas Tower at Jumeirah Lakes Towers, the DDE is home to more than 1,380 member companies and supports one of the world's leading diamond trading hubs. More than one billion carats of rough and polished diamonds have been traded through Dubai in the past five years, reinforcing the emirate's position as a global gateway connecting producing and consumer markets.

News

Blue Nile Enters New Chapter in Natural Diamonds with Royal Asscher

De Beers Group and the Government of the Republic of Botswana extend Partnership with Olympic Champion Letsile Tebogo as Global Ambassador

Global Skills Star: Joy Das Wins Medal of Excellence for India at Jewellery category WorldSkills Shanghai

Rio Tinto announced ownership of the Argyle Pink Diamonds™ brand has transitioned to the luxury jewellery designer group Boodles

The Qatar Diamond Exchange (QDE) has been admitted to membership of CIBJO

DMCC’s Dubai Diamond Exchange and London Diamond Bourse Sign Memorandum of Understanding to Strengthen Global Diamond Trade

Bharat Diamond Bourse (BDB) Committee Hosts Consul General of Italy at Bourse

Nearly 80% of Belgian diamond traders pass first-ever anti- money laundering exam

Advit Jewels Makes Stellar Debut; Lists at Rs 188.90

Gemfields announces that Sean Gilbertson will, by mutual agreement with the Board, step down as CEO

Severalmaz (part of ALROSA) suspends mining operations for three months

London to Athens, GJEPC Builds New Export Opportunities

NAJ Member, John Henn, Appointed President of the British Allied Trades Federation

Charlotte Rose Becomes the First Woman Ever to Lead the London Diamond Bourse

International Colored Gemstone Association Names Brandee Dallow Chief Executive Officer

The Wolf X Fiona Howard Collaboration: A Celebration of Craftsmanship, Heritage, And Hand-Crafted Artistry

Platinum Guild International India Strengthens Consumer Visibility Ahead of Wedding Season

Most Read

De Beers and Forevermark Diamond Jewellery Bring Jaipur’s Royal Legacy into a New Chapter for natural diamonds

Basilia Jewellery & Watch Fair its gateway trade fair for the jewellery, watch and gemstone industries in Asia and Europe

CaratLane Makes History on 18th Birthday: Enters GUINNESS WORLD RECORDS™

Platinum Guild International (PGI) India has unveiled a new Men of Platinum Designs collection

EDITOR PICKS

De Beers and Forevermark Diamond Jewellery Bring Jaipur’s Royal Legacy into a New Chapter for natural diamonds

Basilia Jewellery & Watch Fair its gateway trade fair for the jewellery, watch and gemstone industries in Asia and Europe

CaratLane Makes History on 18th Birthday: Enters GUINNESS WORLD RECORDS™

POPULAR POSTS

De Beers and Forevermark Diamond Jewellery Bring Jaipur’s Royal Legacy into a New Chapter for natural diamonds

Basilia Jewellery & Watch Fair its gateway trade fair for the jewellery, watch and gemstone industries in Asia and Europe

CaratLane Makes History on 18th Birthday: Enters GUINNESS WORLD RECORDS™

POPULAR CATEGORY

ABOUT US

FOLLOW US