Dhamani Jewels Awarded Dubai Cut Marketing Rights

Dhamani Jewels DMCC was awarded the marketing rights for the Dubai Cut diamond by the Dubai Multi Commodities Centre (DMCC). The license was awarded following a tender during which several companies submitted sealed bids for the three-year contract.

The 99 faceted Dubai Cut, manufactured by the Russian DTC Sightholder Kristall for the DMCC, was inspired by the 99 names of Allah.

The value of the winning bid was not revealed, and Dhamani will have to negotiate supply and prices directly with Kristall.

Dhamani is expected to offer jewelry set with the diamonds at its stores in Dubai.