A Dubai-based diamond e-commerce portal who recently secured 1.5 million dirhams ($408,384) worth of funding is aiming to use the new capital to target male consumers,...
Indian Jewellery group Joyalukkas has opened new showrooms in Oman and Saudi Arabia. The jeweller inaugurated two new showrooms in the Ruwi district in the Omani capital,...
Kalyan Jewellers, which has strong presence in India, the UAE and other Middle Eastern countries, has decided to withdraw an advertisement featuring Bollywood superstar Amitabh Bachchan...
Recently opened in The Dubai Mall’s new Fashion Avenue extension, the latest Mikimoto boutique showcases beautiful jewels with its interior design inspired by the “Yaguruma” clip....
Al Basel Group, one of the leading groups of companies in the UAE that offers a range of specialised services for high-profile clients, revealed plans to...
Award-winning jewellery retailer, Pure Gold Jewellers, has opened seven new concept stores in the UAE, Kuwait and Oman, providing an uptick in positive sentiment to the...
Malabar Gold & Diamonds has announced that it continues to expand and strengthen its latest retail concept, MGD – Lifestyle Jewellery, by opening its 27th store...
The Dubai College of Tourism (DCT), part of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), is partnering with the Dubai Gold and Jewellery Group...
Based on its interactions with traders and customers, the Dubai Municipality will be giving a facelift to Gold Souq in Deira, officials have said. As part...
With the price of gold dipping to a six-month low, Dubai’s jewellery outlets have started to see an upswing in sales of up to 30 per...
Consumers in UAE who have been holding up gold purchases would do well to revisit the shops this week, as prices have fallen to its lowest...
Shares of Atlas Jewellery India Ltd. are set for their biggest monthly gain this year as investors bet on a quick resolution of its financial troubles now...
Gold and diamond fans in Dubai have more than two weeks left to score some bargains at the jewellery counters across the city. The month-long “My...
Gold prices inched higher on Monday after falling to a 5-1/2-month low in the previous session, as a trade dispute between the world’s two largest economies...
Festive mood during Eid Al Fitr has pushed up gold sales in the country. Showrooms witnessed up to 30 percent rise in sales of gold jewellery,...
Liali Jewellery, a leading fine jewellery retail brand chain with 20 boutique outlets in the UAE has announced the adoption of solutions from Capillary Technologies, Asia’s...
UAE residents and tourists who love the sparkle of gold or other precious stones may have reason to rejoice this month. At least 65 retailers in...
Under the patronage of Dubai Gold and Jewellery Group (DGJG), the gold & jewellery sector has announced the first of its kind collective promotion – My...
AMIRA announced the opening of its new flagship store in Dubai Festival City. The new store reflects the essence of AMIRA and exudes the cosmopolitan nature...
Malabar Gold & Diamonds, one among the BIG 5 jewelry retailers globally with a strong retail network of over 215 retail outlets spread across nine countries,...
The world’s favourite jeweller makes a splash this summer with up to 500 gold bars to be won across the GCC, USA, UK and Asia. The...
Gold prices were little changed on Tuesday, after closing lower in three previous sessions, as investors opted for riskier assets amid increasing prospects of a US...
Malabar Gold & Diamonds, which is among the five big jewellery retailers globally and has a strong retail network of over 215 retail outlets spread across...
Manoj Chakraborty The government of the United Arab Emirates (UAE) recently announced that it would reverse the value-added tax (VAT) on gold, diamonds and other precious...
Having built their brand and reputation in the domestic market, major Indian jewellery retailers are taking advantage of the name-recognition they enjoy among Indians abroad to...
Malabar Gold & Diamonds has said it is continuing with relief activities in areas affected by Cyclone Mekunu and contributing in a variety of ways. The...
Turkey’s economy has been in a tailspin with an inflationary currency, but the country is using something rare to help stabilise itself: gold. In late 2011,...
Malabar Gold & Diamonds, the prominent jewellery retailer, will be distributing 15,000 iftar meals in Oman throughout Ramadan in a tent set up at Ruwi, Muscat;...
The Federal Tax Authority (FTA) on Wednesday clarified that the new Cabinet decision issued about VAT reverse charge mechanism for the gold and diamond industry will...
Gold jewellery buyers in the UAE can still score some bargains today (Monday), with the bullion prices dipping slightly following a rally last week. The price...
The UAE’s gold jewellery retailers are shedding their obsession with the 22 karat. They are working to create a new generation of shoppers — the younger...
Saudi Jawahir Trading Company has announced the opening of a new De Beers store at Riyadh’s Centria Mall, the brand’s first location in Saudi Arabia. “We...
With just a month until elections, shopkeepers at Turkey’s biggest bazaar say they’re seeing a jump in demand for gold coins. “Turkish people have an interesting...
Gold prices edged higher for a second session on Thursday as the dollar extended losses after minutes of the latest Federal Reserve meeting hinted at a...
Investors in the gold market blamed the Value Added Tax (VAT) for the negative impact on sales and decreased demand for purchasing gold. They stated that...
SAUDI Jawahir Trading Company is delighted to announce the opening of De Beers new store at Centria Mall in Riyadh, the brand’s first location in Saudi...
ABN AMRO is closing its New York City and Dubai, United Arab Emirates, diamond and jewellery lending offices, the bank confirmed to JCK. ABN AMRO’s New...
President Trump fulfilled one of his campaign promises by pulling the United States out of the Iran nuclear agreement that was negotiated under the Obama administration....
Gold prices edged down on Monday as the dollar rose and demand for safe-haven assets eased after US Treasury Secretary Steven Mnuchin said a trade war...
The much anticipated Joyalukkas Ajman second showroom opened at the Nesto Hypermarket in Mushrif, Ajman; the new Joyalukkas showroom will be a welcome addition to this...
Gold prices were little changed on Tuesday, as the dollar held on to gains from the previous session after a Federal Reserve official backed the case...
Ripe for industrialisation in the trade sector, technology advancements could bridge the current $1.5tn trade finance gap, with potential to inject new growth in trade, according...
AMIRA proudly announces the opening of its exciting new flagship store located in Dubai’s most popular shopping destination, Dubai Festival City. The new store truly reflects...
The UAE Cabinet on Sunday has approved a decision pertaining to the refund of VAT on organisations involved in organising exhibitions and conferences. The decision stipulates...
The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced that due to rising tension in the Middle East, the...
[vc_row][vc_column][vc_column_text] Malabar Gold’s MD of international operations, Shamlal Ahammed, says the goal is to be the world’s biggest [/vc_column_text][vc_single_image image=”4111″ img_size=”full” add_caption=”yes”][vc_column_text]Tiffany’s was never the benchmark,...
Iran’s gold demand will probably be “strong” for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the...
UAE consumers have been warned not to put most of their savings into gold jewellery, even as prices are forecast to hit a whopping $1,800 an...
Dubai Diamond Exchange (DDE), a DMCC platform, and the only bourse in the Middle East affiliated with the World Federation of Diamond Bourses (WFDB), has elected...
[vc_row][vc_column][vc_column_text] Jewellery specialist and author Joanna Hardy led the sessions and shared the secrets behind this fiery king of gems Following the success of “Ruby”, a...
[vc_row][vc_column][vc_column_text] The Clear Cut is a diamond service that sells tailor-made jewelry online, communicating with customers over Instagram direct messages. The company’s founders are hoping to...
Gold jewellery demand in the GCC slumped in the first quarter as consumers in the UAE and Saudi Arabia, the region’s most vibrant jewellery markets, came...
Gold and jewellery industry executives in the UAE hope that the government will extend VAT exemption to the retail segment, similar to what was given to...
The United Selling Organisation (USO)of Alrosa has sold 101 special size diamonds (weighing more than 10.8ct) at its most recent auction in Vladivostok, netting a total...
For the UAE’s legion of gold shoppers, there’s only one thing worth knowing — will the changes on VAT mean lower prices at the showroom? Not...
Shoppers in the UAE and India are taking a break from stocking up on gold jewellery, with sales in the UAE recording their weakest first quarter...
Removal of VAT at wholesale level can help make industry competitive again, retailers say The UAE’s jewellery retailers and shoppers will receive some much needed relief...
The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals. Under the mechanism, there...
Dubai: Pure Gold Jewellers won the coveted 2018 Dubai Service Excellence Scheme Award in the ‘Best Service Performance Brand’ category, for demonstrating excellence and providing customers...
The King of Bollywood, Shah Rukh Khan’s much talked about blitzkrieg one-day trip to the Middle East witnessed unprecedented crowds in all three countries – Dubai,...
India’s cut and polished diamonds are losing their sheen in the US and UAE markets. In FY18, exports of cut and polished diamonds to the US...
UAE: Kalyan Jewellers, one of the most trusted and leading jewellery brands in the GCC and India has announced that it will open its 18th showroom...
Officine Panerai the luxury Italian design and Swiss manufacturing watchmaking company participated in Jewellery Salon in Al Faisaliah Hotel from 16-19 April. Milvin George Managing Director...
Prince Sultan Bin Saud Bin Muhammad Al Saud called investors to draw Saudi women to work in gold and jewelry industry and stressed the need to...
Al-Kasir Group, a Dubai-based company, has launched the world’s first diamond trading portal that uses blockchain technology – widely known for its use in the generation...
A pair of jewellery brands with origins dating back to the 1800s — Faberge and Mikimoto — are lighting up The Dubai Mall’s new Fashion Avenue....
After a subdued first quarter, UAE retailers are optimistic that the upcoming festive season would witness a significant rise in jewellery sales. Demand received a boost...
Joyalukkas, the world’s favourite jeweller, has launched its most anticipated showroom located at the Lulu Hypermarket in Al Dajeej, Kuwait. The showroom was inaugurated by Mohammad...
Demand for gold jewelry in the United Arab Emirates plummeted in the first quarter, and traders say they know the culprit: the value-added tax. Wholesale gold...
After a subdued first quarter, UAE retailers are optimistic that the upcoming festive season would witness a significant rise in jewellery sales. Demand received a boost...
The price of gold shot to an 11-week high on Wednesday as escalating geopolitical risks saw investors seeking safe haven assets. Gold reached its highest point...
[vc_row][vc_column][vc_column_text] The DMCC subsidiary, DGCX together with invited guests; CME, LME and Boursa Instanbul discussed their views on the role of their respective exchanges on the...
Manama, capital of Bahrain, could host the 2019 World Jewellery Confederation CIBJO Congress. During a visit to the kingdom, the president of the self-described “United Nations...
More than 300 participants along with industry experts, speakers and panellists from the precious metals sector discussed issues and opportunities critical to the future of the...
Demand for gold jewelry in the United Arab Emirates plummeted in the first quarter, and traders say they know the culprit: the value-added tax. Wholesale gold...
DMCC, the world’s leading Free Zone for commodities trade and enterprise, held the 7th edition of its industry-leading annual Dubai Precious Metals Conference (DPMC) today, with...
The gold and jewllery industry in Dubai is talking to the government to levy value-added tax (VAT) only on the making charges of the jewellery rather...
[vc_row][vc_column][vc_column_text] At the DMCC hosted Dubai Precious Metals Conference, four of the world’s foremost Exchanges gathered for the first time in Dubai to discuss ‘The Role...
In Dubai’s decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the region’s top centre for gold trade,...
Malabar Gold & Diamonds, one among the Big 5 jewellery retailers globally with a strong retail network of over 210 retail outlets spread across nine countries,...
Gold prices rose on Friday as investors fled to safe-haven assets after US President Donald Trump re-ignited trade war fears by proposing $100 billion in new...
Kalyan Jewellers has announced the unveiling of a one-of-its-kind global campaign leading to the Indian festival Akshaya Tritiya. The campaign, which is valid until June 9...
Kerala-based Kalyan Jewellers today said the Dubai Police has filed a case against five persons of Indian origin for circulating alleged fake news about the brand...
As gender equality and female empowerment rise to the top of the agenda in every industry, Egyptian jeweller Azza Fahmy continues to blaze the trail she...
Mother’s Day is just around the corner and to celebrate this occasion, Malabar Gold & Diamonds has introduced an exclusive diamond and 18k gold jewellery pendants...
[vc_row][vc_column][vc_column_text] Going beyond the usual promotional activities to celebrate Mother’s Day (Arab) on 21st March, the Dubai Gold and Jewellery Group (DGJG) has launched a first...
DMCC, the world’s leading Free Zone for commodities trade and enterprise, is set to hold an in-depth discussion on “The Evolution and Impact of Taxation on...
Non-UAE cards have spent higher amounts during the shopping festival over the past five years compared to the rest of the year. Of all the spending...
Demand for gold jewellery in the UAE plummeted to a 20-year low last year, bucking the global trend, despite an uptick in sales in December before...
Demand in the UAE received a small boost in December as consumers rushed to make their purchases before a five per cent value-added tax was imposed...
[vc_row][vc_column][vc_column_text] The Young Qatari Designers presented at the heart of the 15th edition of the Doha Jewellery and Watches Exhibition 2018 (DJWE 2018), have witnessed a...
[vc_row][vc_column][vc_column_text] Held under the Patronage of the Prime Minister and Minister of Interior, HE Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Milestones Auction Supporting Education...
The Doha Jewellery and Watches Exhibition 2018 (DJWE 2018) first Watches and Jewellery Forum, sponsored by Fifty One East, has concluded. The Forum focused on the...
[vc_row][vc_column][vc_column_text]Under the Patronage of His Excellency the Prime Minister and Minister of Interior, Sheikh Abdullah bin Nasser bin Khalifa Al Thani, HE Sheikh Ahmed bin Jassim...
The Federation of GCC Chambers Project has forwarded recommendations calling for reviewing the introduction of VAT on jewelry, gold, precious and semi-precious stones industry. The Federation of...
The 15th edition of the Doha Jewellery and Watches Exhibition 2018 (DJWE), opening today (February 21) at the Doha Exhibition and Convention Center (DECC), will bring...
The world’s favourite jeweller makes a dazzling new addition to the lush and thriving city of Salalah with its latest showroom. The much anticipated launch is...
All in all, DDC succeeded in offering a great opportunity to bring together all stakeholders to discuss a common sense of purpose and identify the roadmap...
On the second day, a panel discussion on ‘Lab-grown diamonds and their disclosure: Is there a problem’ sparked a new thought-wave. The panel was moderated by...
