The Dubai Diamond Exchange (DDE) showcased its biggest ever rough diamond yet – a 1,086.1 carat stone – and received “a surge of interest from potential buyers,” according to a report in IDEX Online.
The huge gem was mined in South Africa and is being tendered by Dubai-based Koin International. A spokesman for Dubai Multi Commodities Centre (DMCC), where the DDE is located, said: “Given its size, there has been a surge in global interest in the stone, with diamond experts flying in from across the world to view it ahead of its sale this week.”
Later this month, on February 23-25, Dubai will host the bi-annual Presidents’ Meeting of the World Federation of Diamond Bourses (WFDB). The meeting will be held at the Almas Tower in Dubai and will be attended by presidents and officials from the 29 member bourses of the WFDB. It will be the concluding event of the Dubai Diamond Week.
