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IGI Acquires AGL to Strengthen Global Colored-Gemstone Certification

Deal combines IGI’s global scale with AGL’s scientific expertise, reinforcing trust, transparency and innovation in gemstone grading.

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The International Gemological Institute (IGI) has acquired American Gemological Laboratories (AGL), marking a significant step toward expanding its global colored-gemstone certification services. The acquisition brings together IGI’s extensive international network, infrastructure and market presence with AGL’s deep scientific leadership in colored gemstones.

Calling the move transformational for the industry, IGI Global CEO Tehmasp Printer said the combination will help build a future-ready certification ecosystem that delivers scale without compromising scientific rigor or integrity. He added that the partnership aims to set new global benchmarks for trust, transparency and consistency in gemstone certification.

AGL will continue to operate independently, retaining its headquarters in New York. Chris Smith will remain president and chief of gemology. Both organizations will maintain their existing technical standards and service levels, while collaborating on the development of new tools, reporting formats and provenance solutions for the global market.

IGI said the acquisition also strengthens strategic ties between the US—the world’s largest fine jewellery and colored-gemstone market—and India, a key global manufacturing hub, further supporting international trade and industry integration.

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Palmonas Expands UAE Presence With New Retail Outlet At Mall Of The Emirates

Palmonas Strengthens Its UAE Retail Footprint With A New Kiosk At Mall Of The Emirates, Dubai.

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Palmonas, co-founded by Shraddha Kapoor, has expanded its international presence with the opening of its second retail outlet in the form of a kiosk at the Mall of the Emirates in Dubai, UAE. Following its international retail debut at Reem Mall, Abu Dhabi, the new outlet strengthens the brand’s presence in the UAE and marks another step in its global expansion journey.

Located within one of Dubai’s most prominent luxury retail destinations, the new outlet brings the Palmonas experience to a wider audience, featuring the brand’s Demi-fine® collection, alongside its 9KT Fine Gold, Platinum Plated Silver and other jewellery collections. The space offers customers an opportunity to explore Palmonas’ contemporary jewellery across categories, designed to complement everyday wear.

Speaking on the opening, Pallavi Mohadikar, Founder & CEO, Palmonas, said:

“We’re excited to strengthen our presence in the UAE with our second retail location at Mall of the Emirates. The response to Palmonas in the market has been encouraging, and we look forward to bringing our jewellery to more customers across the region as we continue to expand internationally.”

The UAE continues to be an important market for Palmonas as the brand expands its international retail presence and introduces its jewellery collections to a diverse, global audience.

With its presence now across Mall of the Emirates, Dubai, and Reem Mall, Abu Dhabi, Palmonas continues to strengthen its footprint in the UAE as it takes its Indian-born jewellery brand to new markets.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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