792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...

Giant diamond showcased in Dubai
A giant rough diamond mined from South Africa, and expected to be snapped up by
a local buyer, was named in Dubai yesterday. The diamond, a 478-carat white gem,
measuring more than five centimeters long and worth upwards of Dh36.7 million
(US$10m) was named after the Lesotho mine where it was uncovered in December:
the Leseli La Letseng, or Light of Letseng. It is the 20th largest diamond in the world.
"The naming of what could become the largest-ever polished round diamond is
another.
Dubai colored stones market shows strong growth potential
The colored stones market is set to expand faster than other jewellery categories in
the next five years, according to a new survey released yesterday by the Dubai
Gems Club (DGC), a subsidiary of the Dubai Multi Commodities Centre (DMCC).
The findings of the survey were released at the ICA International Gem Fair 2008, the
region's first dedicated colored stones trade show, being held in Dubai this week.
The research, a first for the region's colored stones industry.
Parul Institute of Management and Research - 792 Page 31