DMCC Unveils The Dubai Cut

Kristall will produce a limited number of about 1800 Dubai Cut stones annually. Each diamond will be laser-inscribed with a serial number and will be presented with a certificate of authenticity stating that the stone is mined, cut and polished in Russia and meets the highest quality standards. The basic characteristics of the stone (color, clarity and weight) will also be included.

“We are extremely delighted to join DMCC as an exclusive partner to create this piece of art.  Dubai has rapidly emerged as a global hub for the diamond industry, with DMCC at its center through industry dedication and the creation of innovative products and services. The Dubai Cut will further enhance Dubai’s position in the global diamond world” said Maxim Shkadov, General Director of Kristall.  The diamond polisher, headquartered in Smolensk, is a DTC Sightholder and has a polishing facility in Dubai.

Only member companies of DMCC will have the opportunity to qualify for a license to trade the Dubai Cut diamond. DMCC will invite its members to submit their applications for consideration in mid-February. The criteria for qualification are reportedly very stringent and only a few will be short listed for license consideration.