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Doha International Diamond & Gem Conference 2025

A defining moment for Qatar’s luxury and gemstone industry

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The Doha International Diamond & Gem Conference concluded on January 31st, marking a pivotal moment in Qatar’s journey toward becoming a new hub for luxury, trade, and innovation in the diamond and coloured gemstone industry. Held alongside the Doha Jewelry & Watches Exhibition, the conference brought together some of the most diverse and influential voices in the diamond and coloured gemstone sector, setting the stage for an era of collaboration, sustainability, and market evolution.

Opening the conference, H.E. Saad Al Kharji, Chairman of Qatar Tourism, underscored Qatar’s enduring legacy as a destination synonymous with refinement and world-class excellence. “Qatar has always been a symbol of luxury, with its exceptional hospitality, advanced infrastructure, and rich cultural heritage. The synergy between this conference and the exhibition reflects our strategic vision to position Qatar as the global hub of luxury,” he stated.

H.E. Dr. Ahmed Al Sayed, Minister of State for Foreign Trade, emphasised Qatar’s growing influence in the diamond and gemstone trade, highlighting the nation’s commitment to fostering investment and collaboration. “The State of Qatar is not only honoured to be a part of the Kimberley Process but is also eager to contribute on a global scale. Our private sector and government institutions are ready to support and expand this industry, ensuring Qatar becomes a key player in the trade of high-value diamonds and jewellery.”

In a powerful address, H.E. Bogolo Joy Kenewendo, Minister of Minerals and Energy of Botswana, reflected on Botswana’s partnership with Qatar in advancing ethical diamond trading. “We were proud to support Qatar in the Kimberley Process, and we are delighted to see this nation take the baton forward in championing natural diamonds through this conference. Qatar’s commitment to this industry is evident, and as we gather in this dynamic setting—at the crossroads of innovation and culture—it is clear that this event is not just a conference but a movement toward meaningful progress.”

Echoing these sentiments, Ahmed Bin Sulayem, Executive Chairman of the Dubai Multi Commodities Centre, acknowledged the evolving landscape of the global diamond trade. “The industry faces headwinds, from shifting consumer demand to supply chain disruptions and the rise of lab-grown diamonds. But within these challenges lie opportunities—opportunities for innovation, for market resilience, and, most importantly, for collaboration.”

Feriel Zerouki, President of the World Diamond Council (WDC), described Qatar’s emergence as a timely and significant force in the global diamond industry. “Since joining the Kimberley Process in 2021, Qatar has been carving its niche, proving its dedication to ethical sourcing and responsible trade. This first conference sets a tone for the future—one that prioritises unity and transparency in the industry.

Kirit Bhansali, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), further emphasised the deep-rooted connections between Qatar and other leading markets. “India and Qatar share a rich history, not just in culture but in trade. With over 750,000 Indians calling Qatar home, our nations are linked by deep values of cooperation and mutual respect. This relationship is reflected in the growing trade between our two countries, especially in the high-value jewellery sector.”

Reflecting on the conference’s success, Alex Popov, Chair of the Organising Committee,reinforced Qatar’s growing significance in the industry. “This conference has demonstrated that Qatar is not just participating in the global diamond, coloured gemstone, and pearl trade—it is actively shaping its future. The level of engagement, the quality of discussions, and the vision shared here set a new benchmark for collaboration in our industry.”

As discussions unfolded throughout the conference, key themes emerged, reinforcing the importance of collaboration, innovation, and sustainability.

The theme “The New Connection” proved to be more than a title—it was a lived experience. Industry leaders, traders, and policymakers found new ways to forge partnerships, aligning on strategies to elevate natural diamonds and gemstones in the face of changing consumer expectations. Sessions like “Fostering Collaboration in the Diamond and Gemstone Sectors” highlighted the urgent need for a more integrated supply chain, with experts like Paul Rowley (De Beers) and Yamkela Makupula of the South African Diamond Producers Association (SADPO) stressing the importance of breaking down industry silos.

The discussion on category marketing revealed a pressing challenge—diamonds and coloured gemstones are not marketed as a luxury product like other high-end goods. In a session moderated by Dr. Frank Müller, speakers like David Kellie (Natural Diamond Council) and Katerina Perez (Jewelry Insider & Brand Consultant) explored how brands must redefine their storytelling to maintain desirability and captivate the next generation of luxury consumers.

The “Why Qatar?” session provided deep insights into the country’s strategic advantages as a luxury trade and investment hub. Panelists, including Mohammed Abdulsalam Al Emadi, Executive Director of Investment and Incubation at the Qatar Development Bank; Miriam Al Malik, Senior Executive, Invest Qatar; and Abdulla Al Abdulla, Director of Regulations Development and Compliance, the Qatar Free Zone Authority, highlighted Qatar’s stable monetary environment, pro-business policies, and world-class infrastructure as key enablers for sustainable growth in the diamond and gemstone industry.

One of the most extraordinary experiences of the conference was the session on ESG and sustainability held at the Heenat Salma Farm. Against Qatar’s desert landscape, industry leaders discussed the future of ethical sourcing, responsible mining, and social impact. The session was both a leisurely retreat and a profound opportunity to examine sustainability from a fresh perspective, reinforcing that luxury and responsibility must go hand in hand.

As the conference came to a close, the final session, “The Morning After,” brought together industry veterans to reflect on the key takeaways. The message was clear—this is just the beginning. From strengthening the diamond and gemstone value chain to redefining marketing strategies and enhancing sustainability efforts, the Doha International Diamond & Gem Conference has set the stage for tangible industry-wide change.

Qatar has proven itself not just as a host but as an emerging and auspicious participant in the global diamond and gemstone sector. This inaugural event was a statement that signals the country’s long-term vision for luxury, trade, and investment. With new partnerships, forged and critical conversations ignited, the Doha International Diamond & Gem Conference 2025 will be remembered as the beginning of a new era where Qatar stands firmly at the centre of the industry’s future.

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Kering Invests in China’s Gold Jewelry Surge as Laopu’s Explosive Growth Reshapes Market

Heritage-gold brands Borland and Lamchiu secure major funding amid soaring demand, fueled by Laopu’s meteoric rise and China’s booming 24-karat segment.

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A wave of investor interest is sweeping through China’s gold jewelry sector as the rapid rise of Laopu Gold Co. galvanizes confidence in the country’s high-end heritage gold market. The latest beneficiary is Borland, a Hangzhou-based jeweler known for its traditional filigree craftsmanship, which this week announced more than 100 million yuan ($14 million) in new funding.

The investment round includes contributions from Kering Ventures, the startup arm of luxury group Kering SA, and Shunwei Capital, co-founded by Xiaomi chairman Lei Jun. Kering noted that its minority stake enables participation in the “rapid development of a particularly buoyant 24-karat gold jewelry segment,” reflecting growing appetite for culturally rooted premium gold pieces.

Meanwhile, Dayone Capital has made a separate investment exceeding 100 million yuan in Lamchiu, a Lanzhou-based maker of handcrafted bespoke gold jewelry. The firm will support Lamchiu in expanding distribution and reinforcing the brand’s supply-chain capabilities.

The surge of capital follows the remarkable ascent of Laopu, which has become one of China’s breakout jewelry success stories. The company reported 12.4 billion yuan in revenue in the first half of 2025 — a year-on-year increase of over 250%, building on 168% growth from the previous year. Laopu’s momentum has outpaced Western luxury houses struggling with softer China demand.

Heritage gold jewelry — deeply rooted in Chinese aesthetics and traditional techniques like filigree — is attracting a new generation of luxury consumers. Brands like Laopu, which operate in top-tier malls, increasingly compete with global maisons such as Hermès and Cartier for clientele.

Despite strong digital followings, newer brands still face distribution gaps. Borland operates only three mall stores, while Lamchiu, despite amassing more than 1 million followers on Douyin, runs just one physical outlet in Lanzhou. Both companies plan to use their fresh funding to accelerate expansion and strengthen operational infrastructure.

The latest investments signal rising confidence that China’s heritage-gold renaissance is evolving from a trend into a long-term luxury category shaping the future of the jewellery market.

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