
Rapaport
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About Rapaport
Rapaport is a leading provider of independent diamond and jewelry industry news and analysis to support high level industry businesses.
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*Brush up on your knowledge of the Diamond Trade with the Rapaport Magazine.* ๐ The Emirati cityโs central location and favorable business conditions have helped push it to prominence as a trading center.๐ธ๐ *Read the full article here:* https://rapaport.com/magazine-article/dubais-meteoric-rise-to-global-diamond-hub/

*In Case You Missed It!* ๐จ In this exclusive interview with Tawhid Abdullah, Chief Executive Officer of Jawhara Jewellery, Martin and Tawhid discuss a number of topics, including: Dubai's gold business, the historical background of the souk and how it has evolved over time, Dubai's reputation for being one of the safest gold markets in the word, and more. Enjoy the deep dive into Dubaiโs gold souk!๐๏ธ๐ *Watch to the full interview:* https://www.youtube.com/watch?v=Dpul0O6OVkk

Revenue down 0.7% in first half as higher-value gift buying mostly offset weak overall demand. ๐๏ธ๐ *Read more:* https://rapaport.com/news/michael-hill-sales-stable-amid-holiday-boost/

Miner sold 549-carat Sethunya and 1,080-carat Eva Star diamonds for $54 million in 2024. ๐ฐ๐ *Read more:* https://rapaport.com/news/large-diamond-stone-sales-send-lucara-diamond-corp-revenue-surging/

Revenue down 37% in 2024 amid weak global market. ๐๐ *Read more:* https://rapaport.com/news/rio-tinto-diamond-unit-in-the-red/

Shipments grew 4.1% in January. โ๐ *Read more:* https://rapaport.com/news/us-japan-rebound-drives-swiss-watch-exports/

Sales for the full year down 9% to $39.2 million. ๐ฌ๐ *Read more:* https://rapaport.com/news/manufacturing-slowdown-dents-sarine-revenue/

Company also launches new โPortraits of True Brillianceโ campaign. ๐ฟ๐ *Read more:* https://rapaport.com/news/de-beers-jewellery-rebrands-as-de-beers-london/

Miner processed stockpiled gravel and tailings during closure so output for the period would not decline. ๐๏ธ๐ *Read more:* https://rapaport.com/news/diamond-mining-resumes-at-lulo-after-blockade-ends/

Move puts minerโs recoverable amount at $4.1 billion. ๐ทโโ๏ธ๐ *Read more:* https://rapaport.com/news/anglo-american-slashes-de-beers-value-by-2-9b/