As reported, Gem Diamonds experienced its half-year revenues increase 138 percent to $166.8 million on increasing diamond prices across all top quality goods. Earnings of the firm before interest, taxes, depreciation and amortization (EBITDA) rose 68 percent to $56.5 million. Production in the first half of the year totaled 283,000 carats For more information click [...]
As reported, at the end of this year’s 65-day Dubai Summer Surprises (DSS), the Dubai jewellery industry remained poised as a leading force behind the great success of this year’s net earnings, with an estimated Dhs500m in jewellery sales alone. Mr. Merchant was quoted as saying: The unique customer service experience and overall lifetime quality that underlines [...]
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