January 24, 2025

Saudi Arabia pitches itself as a new hub for Chinese investment

At Davos, Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, said his country welcomed Chinese products and investments – and urged Chinese investors “not to […]
January 23, 2025

Indian diamond industry to focus on domestic markets and ASEAN countries

The Indian diamond industry is set to focus on the domestic market and emerging markets in ASEAN countries to neutralise the impact of reduced demand from […]
January 23, 2025

Gold price increases despite the state of geopolitics and Gaza ceasefire

The price of gold rose 1.2% to US$2,740 ($4,396) an ounce last week, heading again towards all-time highs despite the state of geopolitics and Gaza ceasefire. […]
January 23, 2025

India to allow duty-free import of diamonds for re-export from April 1

The government of India has now allowed duty-free import of cut and polished diamonds up to a specified limit to boost exports and enhance value addition […]