Welcome to The Dubai Series, your exclusive gateway into one of the world’s most dynamic business hubs. Every week, we bring you inside access to the top companies, influential leaders, and ...

A captivating gemstone grabbed headlines at the Sotheby’s Magnificent Jewels sale in New York this past December. The 16.53-carat Brazilian alexandrite was the center stone of a ring that sold for ...

Mining operations have restarted at the Lulo mine in Angola following the peaceful resolution of a blockade by local community leaders. Lucapa Diamond Company, which holds a 40% interest in the mine, ...

The global diamond industry is experiencing its deepest crisis in history. The sharp decline in demand and polished-diamond prices, which began in late 2022 and intensified throughout 2023 and 2024, ...

Anglo American, De Beers’ parent company, has reduced the miner’s book value by $2.88 billion amid weak diamond demand. Meanwhile, De Beers’ rough-price index, which reflects like-for-like values, ...

Rio Tinto’s diamond business incurred a loss in 2024 as the global market slowdown hit the mining conglomerate. Revenue fell 37% to $279 million for the 12 months, leading to an underlying loss of ...

The US subsidiary of Brink’s has agreed to pay $42 million over three years as part of agreements with two government entities to resolve money-laundering investigations. The DOJ agreement settles ...

The sky-high price of gold was arguably one the biggest fine-jewelry stories of 2024, smashing records repeatedly throughout the year. Jewelry companies have experimented with strategies to combat ...

With her Hamburger and Youtensil rings, bicycle-chain necklace, and now Crayola crayon bracelets, Nadine Ghosn never ceases to amuse, drawing on recognizable objects for her quirky, tongue-in-cheek ...

Zambia has repealed the 15% export duty on all previous gemstones and metals it reintroduced without warning only last month, amid uproar from the industry. The levy, which had not been in effect ...

Established in 1976, the Rapaport Group is an international network of companies providing added-value services that support the development of ethical, transparent, competitive, and efficient diamond ...

De Beers and the Botswana government have concluded their negotiations over a new sales agreement for rough diamonds after more than five years of discussions. They haven’t signed yet: Bogolo ...