China imported 300 carats of roughs in June

The country imported 69,800 carats of polished diamonds in June

Post By : Diamond World News Service On 22 July 2009 1:04 PM
In an attempt to revive the pearl industry of Dubai, the Dubai Multi Commodities Centre (DMCC), announced plans to revive Dubai’s traditional pearl farming industry through a joint venture with Australian pearl producer, Arrow Pearl Company.%% As per reports, the pearls, will be produced at a farm located off the coast of Dubai, and would be sold under the ‘Pearls of Dubai’ brand.%%According to DMCC officials, the pearl exchange was launched last month to tap the global $1 billion rough pearl industry that is controlled mainly through Hong Kong. %%The exchange will also provide pearl grading services in partnership with the Pearl Laboratory in Bahrain.

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