Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

16 april 2024

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

DMCC welcomes 1,456 new companies, maintains y-o-y performance

07 july 2023

Dubai Multi Commodities Centre (DMCC), the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, welcomed 1,456 new member companies to its business district in the first half of 2023, recording a near identical six-month performance since its record-breaking first half in 2022 when it registered 1,469 new companies. It also means that today the DMCC is home to more than 23,000 member companies from across the globe.

Ahmed Bin Sulayem, Executive Chairman and CEO of the DMCC, said, “We are proud of our remarkable journey and registering strong achievements across every sector we operate in. Today, we stand at an unprecedented 23,000 companies while contributing over 11 per cent to Dubai’s FDI. After such an exceptional half-year performance and with many exciting plans still in the pipeline, we look forward to another successful second half and unlocking new opportunities for companies to do business and connect with the world.”

Feryal Ahmadi, Chief Operating Officer of the DMCC, added, “Our performance in H1 2023 is a testament to our relentless efforts in driving innovation and embracing the dynamic needs of businesses worldwide. By facilitating trade, attracting foreign direct investment and cultivating strategic partnerships, the DMCC is propelling the evolution of Dubai as a thriving hub for business. We remain dedicated to supporting the growth and success of all our member companies.”

Despite the challenging global economic environment, the DMCC continued to attract a broad range of multinationals, SMEs and entrepreneurs worldwide through its unique value proposition.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished