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DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced details surrounding its latest campaign to boost international diamond trade through the emirate of Dubai.
Luxury jeweller Tiffany & Co, which is being bought by Louis Vuitton owner LVMH, missed market expectations for quarterly profit and sales, hit by lower spending by foreign tourists in the United States and Hong Kong.
The jewellery industry of India, which is going through a slowdown in consumption demand amid the pandemic would require digital strategies for its growth post the Covid-19 crisis, according to a report by the World Gold Council (WGC).
The industry was hit twice because of the coronavirus, with export orders evaporating and then a shortage of workers caused by a national lockdown to stop the spread of the virus.
Robbers made off with priceless 18th century jewellery from a state museum in Dresden on Monday, police and museum directors said, in a major art heist that has shocked Germany.
Two maids working for a Gulf citizen used garbage bags to put whatever light and valuable items in them and put the garbage bags near a garbage container. The brother of one of them would come and pick up the items during the absence of the family members outside the country. The money and gold jewels stolen were worth Dhs28,000.
The five-member gang, comprising four men and a woman, all Asians, had entered the country on visit visas.
LMVH, which owns Louis Vuitton, Dior and the brands Veuve Clicquot and Moet, has made a bid for American jeweller Tiffany, known for its engagement rings and diamonds.
Rain may bring immense joy, but it certainly is not a good sign for jewellery, say experts. They have suggested some tips that how we can keep our jewellery safe and shining.
An Asian maid, 45, was arrested and referred to the criminal court for stealing gold jewellery and cash worth around Dhs100,000 from her employer.