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On September 24-29, 2022, Kruger Diamond Traders will hold its first tender in the Dubai Multi-Commodities Center (DMCC). The company also decided to open a second tender company in DMCC. Kruger Diamond Traders has been one of the leading suppliers...
Dubai: Dubai's DMCC free zone has hosted the biggest tender to be held in the UAE for rough diamonds. In all, 379,912 carats of rough diamonds were sold, valued at $87.47 million (Dh321.29 million) with 115 clients picking them up. Over 250 companies participated in the tender and 500 individuals flew into Dubai to take part in the event. The tender, organised by Stargems DMCC in Almas Tower, offered clients the opportunity to bid for rough diamonds from South Africa and Angola over an eight-day period. “Despite the obstacles posed by the pandemic, this record-breaking tender is a tremendo...