Diamond World (DW) November- December 2020
Young & Resilient - 7 young diamantaires who are tiding through tough times & making the industry stronger | Gem & Jewellery Industry shine with Increase in exports | A Stellar Surprise Louis Vuitton's high jewellery collection. | 10th JJS IJ Award , Jonna Hary, Richa Singh (NDC) & much more
Young & Resilient - 7 young diamantaires who are tiding through tough times & making the industry stronger | Gem & Jewellery Industry shine with Increase in exports | A Stellar Surprise Louis Vuitton's high jewellery collection. | 10th JJS IJ Award , Jonna Hary, Richa Singh (NDC) & much more
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Round & About<br />
ASSOCIATIOn & TrADE BODIES<br />
Govt. Brings All Export Goods<br />
Under Duty & Tax Refunding<br />
Scheme, RoDTEP, From 1st<br />
January, 2021<br />
Taking a major step to boost<br />
exports, the Government<br />
of India has decided to<br />
extend the benefit of the Scheme<br />
for Remission of Duties and Taxes<br />
on Exported Products (RoDTEP) to<br />
all export goods with effect from 1st<br />
January, 2021.<br />
The RoDTEP scheme would<br />
refund to exporters the embedded<br />
Central, State and local duties/taxes<br />
that were so far not being rebated/<br />
refunded.<br />
Silicon Valley’s <strong>Diamond</strong> Foundry<br />
Sets Up in DMCC<br />
DMCC – the world’s flagship Free Zone and Government<br />
of Dubai Authority on commodities trade and<br />
enterprise – has welcomed Silicon Valley’s <strong>Diamond</strong><br />
Foundry as the latest member to join its growing community<br />
of laboratory-grown diamond (LGD) companies. To mark<br />
the occasion, a ribbon<br />
cutting ceremony was<br />
held at Almas Tower on<br />
Wednesday 25 <strong>November</strong>.<br />
Using their high-density<br />
plasma reactor, <strong>Diamond</strong><br />
Foundry produce LGDs<br />
of quality levels unseen<br />
in mining and are the<br />
fastest scaling diamond<br />
grower in the world. The<br />
company is also the first<br />
zero-carbon-footprint<br />
producer of diamonds, and certified so, with all their LGDs<br />
created sustainably using hydropower. Their LGDs are used<br />
in both diamond jewellery and technological applications.<br />
The Israel <strong>Diamond</strong> Exchange and Bahrain Bourse Sign MOU<br />
The Bahraini Minister of Industry, Commerce and<br />
Tourism Mr. Zayed R. Alzayani, the CEO of the<br />
Bahrain Bourse Sheikh Khalifa bin Ebrahim<br />
Al-Khalifa and other high level government officials<br />
visited the Israel <strong>Diamond</strong> Exchange today to sign a<br />
Memorandum of Understanding (MOU) between the<br />
Israel <strong>Diamond</strong> Exchange (IDE) and the Bahrain Bourse.<br />
This agreement comes after another historic event that<br />
took place at IDE this week with the inauguration of the<br />
representative office of the Dubai Multi-Commodities<br />
Center (DMCC), attended by Executive Chairman and<br />
CEO of the DMCC and the Dubai <strong>Diamond</strong> Bourse Mr.<br />
Ahmed Bin Sulayem.<br />
28 | <strong>November</strong>-<strong>December</strong> <strong>2020</strong> | DiamonD WorlD
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