DiamondBuzz
De Beers opens flagship store in Dubai Mall
De Beers has unveiled its new flagship boutique in Dubai Mall, marking a significant expansion into the UAE in partnership with Chalhoub Group. Rooted in over a century of diamond expertise, the store showcases the brand’s iconic collections—including Talisman, Enchanted Lotus, and RVL—alongside one-of-a-kind high jewellery pieces. Inspired by nature and blending Southern African heritage with London design, the boutique offers a luxurious, immersive space that celebrates De Beers’ legacy and craftsmanship.
Drawing on diamond expertise stretching back to 1888, the jewellery house marks life’s gradual evolution with meaningful creations. Just as rough diamonds are transformed into exquisite De Beers jewellery, the house honours the heartfelt moments, big and small, that define who we become.
Situated on the ground floor of the prestigious Dubai Mall in downtown Dubai, the new boutique takes design cues from the De Beers flagship on London’s Old Bond Street. Resplendent in the house’s signature shades of blue, white and orange, the furnishings and decorations have been chosen to represent locations close to De Beers’ heart. The boutique is designed to foster connections between clients and Brand Ambassadors, with a combination of open-plan space to explore the collections and intimate private areas. A bespoke lighting system was developed to showcase the fire, life and brilliance of each De Beers diamond.
DiamondBuzz
Botswana Says Stable Relationship With De Beers Vital to Diamond Recovery
Botswana Also Wanted to Move Further up the Diamond Value Chain, While Reducing its Economic Dependence on Diamonds Through Manufacturing, Energy, Agriculture, Tourism and Financial Services
Botswana Vice President and Finance Minister Ndaba Gaolathe said a stable relationship with De Beers was crucial to the recovery of the natural diamond market, warning that uncertainty over the partnership had created an opening for lab-grown diamonds.
Speaking at Chatham House on Sept. 17, Gaolathe said Botswana and De Beers had historically worked together during market downturns through rough-diamond stockpiling and marketing.
His comments come as Anglo American seeks to sell its 85% stake in De Beers. Botswana has signalled an interest in increasing its role in the diamond company.Gaolathe said, however, that Botswana’s ambitions went beyond simply increasing its ownership. After decades in the diamond industry, the country had developed expertise across the value chain,
Botswana currently owns 15% of De Beers, while Anglo American is seeking to sell its 85% stake. Botswana has indicated it wants a larger role but would not risk its finances simply to increase ownership, Gaolathe said.
He said Botswana also wanted to move further up the diamond value chain, while reducing its economic dependence on diamonds through manufacturing, energy, agriculture, tourism and financial services.
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