DIAMOND

Sustaining value by managing a rough and polished diamond supply chain that ensures quality consistency and value-driven relationships.

Diamonds

Our charge is to render and manage a rough and polished diamond supply chain that ensures security and optimum operations as per our client needs. That means, among other things, the need to have developed viable relationships based on trust with our all parties/partners. Understanding that we have to maintain the required quantity and quality flow of rough diamonds. We provide purchase platforms for rough and polished diamonds for our clients worldwide. Our platforms include government-owned enterprises, private companies and Affluential Individuals around the world.

Rough Diamonds

We currently hold tenders, private sales and trade deals in the United States, Miami specifically and Dubai in the UAE. Miami is, however, a bit difficult in terms of market saturation thus we have decided to move our tenders to Dubai and China.

We operate on several levels of the “value chain”. We have multiple partners around the world that make such processes a possibility. This, in turn, increases productivity and mitigates against unnecessary loss of profits by the continuous change of hands.

We are always looking to create a new relationship with a new supplier(s) of rough and polished for our clients and our tenders in Dubai and Guangzhou. We want to be able to provide and manage a supply chain that ensures optimum operation as per our needs. That means, among other things, ensuring we have suppliers that maintain the desired quality, flow of product and are engaged in ethical business practices. By engaging multiple suppliers, we can drastically increase sales and ultimately customer satisfaction.

Polished Diamonds

Polished diamonds is a general term for diamonds that have undergone processing, without any bond to their size, shape or any other feature. Polished diamonds, which are graded according to four criteria, are sold to retailers and customers. India is currently the world’s largest polishing centre, while China, which has made giant steps in this area in the last two decades, is the second-largest diamond polishing centre. In both countries, we have reputable partners who have been in business for generations past. We also retain valuable partnerships with Israel, which is a global centre for special cuts such as Princess, marquise, oval and others. These cuts demand high-level skill, which the Israeli polishers are well known for the last few decades.

Stages in Diamond Cutting

If you are a newbie and looking on learning a few things this will be is very important. First, diamond cutters examine the rough stone, its internal and external construct, and decide how to maintain as much carat weight and quality from the rough as possible. The diamond is examined by an expert gemologist and expert cutters. It is also possible to scan the diamond in specialized software to decide between several possible cuts. This has been the most common practice in the last few years.

The next step is sawing the diamonds, although not all diamonds are sawed but instead are conveyed directly to the next stage in polishing. Sawing can be done manually using a diamond saw or laser for supreme precision.

Next, the diamond facets are shaped in several stages, the first being.

The concluding step is soaking the diamond in acids. At each stage of the process, the diamond is inspected repeatedly to examine the quality of the work. The aim is to retain as much of the diamond weight as possible.

Why Dubai

Zero import and export duties

This is probably the chief reason why DMCC is one of the leading commodities in the hub. Dubai offers ZERO duty on! This means through us ( since we are a registered entity following UAE and DMCC Law) suppliers can bring their product into the country and buyers can buy without the fear of paying enormous duties.

Strategic Geographic Location and First-class Infrastructure

Dubai is strategically located between Asia, Europe, and Africa and its proximity to the Asian giants, China and India make its location advantageous. Dubai has one of the best infrastructural facilities in the world, be it the road networks, telecommunications, ports, and airports. With the World Expo 2020 just around the corner, Dubai is investing heavily in infrastructure. Dubai’s Roads and Transport Authority (RTA) has announced plans to construct an underground railway system to connect the different pavilions at the expo site.

Accessibility

Dubai is one of the easiest first world countries to get into, considering the country gets most of its income from tourism they tend not to put stringent restrictions on business and leisure tourists. Dubai offers more reasonable regulations that can be met by any reasonable individual in terms of bringing the product into the country and leaving in lieu of customs regulations.

Commodities Hub

Over the years, the tides of global commerce have brought numerous businesses and entrepreneurs on the shores of Dubai where opportunity and business environments are never too less to invest. With the strong and competitive economy, rich with strategic locations and dispersed with world-class infrastructure, Dubai is a city abundant with economic potential and home to the world’s most amazing wonders. These features have attracted several rough diamond buyers who have made Dubai their temporary or to some even permanent domicile. There is an ever-present customer cafe in DMCC!

The future – A vibrant and growing economy

Among the Emirates, Dubai is the most successful in terms of economic growth and has been exceptionally successful in diversifying away from oil, bouncing back after the recession in 2009. The government through Dubai’s Department of Economic Development (OED) is responsible for transforming Dubai’s economic agenda and has been aiding in the growth of the commodities industry by passing policies that are business-friendly!

Peace and security!

The very effulgence and desire of every being on earth. The safety index for Dubai is well above 90.72!

Tenders

In regards to tenders, we have set tender platforms in the United Arab Emirates (Dubai) through the Dubai Multi Commodity Centre (DMCC), Miami (USA), and a working relationship with the Guangzhou Diamond Exchange. We sort out sort diamonds into parcels that are homogenous in terms of characteristics such as size, quality, and colour. We then invite buyers are invited to view the diamonds for sale and evaluate what they believe to be the appropriate price for each parcel. Rather than the producer determining the price of each assortment, here the buyer’s bid for individual parcels and the nature of such we sell to the highest bidder.

We also invite Producers to sell diamonds through the auction platform. Our auctions are similar to tenders, though the bidding process is more sophisticated. Diamond auctions work much like auctions for precious art or collectables, where interested buyers place incrementally higher bids until a single buyer remains a quite normal feat in this regard. We also facilitate private sales. From the buyers’ perspective the means that we are getting specifics of what’s needed and examining available lots for the specific purchase and provide accordingly. From the seller’s perspective, this entails that we are given a lot/stone and offering it to some of our reputable buyers thus completing the transaction in the usual manner.