International News
Qatar launches Qatar Diamond Exchange
The New Exchange Combines Trading, Certification, Vaulting and Customs In One Regulated Ecosystem, Aiming To Attract International Diamond Businesses To Doha.
Qatar has launched the Qatar Diamond Exchange (QDE), a new marketplace for rough and polished diamonds designed to connect Doha with international trading networks.
The new exchange combines trading, certification, vaulting and customs in one regulated ecosystem, aiming to attract international diamond businesses to Doha.
Developed by the Qatar Free Zones Authority (QFZ), the QDE brings together trading, membership, vaulting, certification, customs and industry services within a single regulated ecosystem. The exchange is designed to connect Doha with international diamond markets while supporting Qatar National Vision 2030 and the country’s broader economic diversification strategy.
Membership is open to diamond traders, manufacturers, cutters, polishers, affiliated service providers and industry bodies. Members receive access to trading licences, independent valuation and assortment services, secure vaulting, specialist insurance, and free-zone incentives including 100% foreign ownership and 0% corporate tax for qualifying businesses.
Looking ahead, the exchange plans to host a calendar of rough and polished diamond tenders that will connect producers across Africa and Asia with buyers in Europe and the Gulf. By combining international regulatory standards with purpose-built infrastructure and investor-friendly policies, Qatar aims to establish Doha as a trusted gateway for the global diamond trade.
International News
Tiffany & Co., Bvlgari Drive LVMH Jewellery Growth In H1 2026
LVMH Attributed The Performance To The Growing Success Of Its Jewellery Maisons’ Iconic Collections.High-Jewellery Push, and Refreshed Retail and Marketing Strategies Drove Double-Digit Growth Momentum.
LVMH’s Watches & Jewellery division delivered one of the strongest performances across the luxury group in the first half of 2026, with organic revenue up 9% to €5.23 billion and Q2 organic growth accelerating to 11%. Profit from recurring operations rose 9% to €831 million, supported by improving operating margins.nationaljeweler+2
The outperformance was led by Tiffany & Co. and Bvlgari, whose iconic collections, high-jewellery push, and refreshed retail and marketing strategies drove double-digit growth momentum.
LVMH attributed the performance to the growing success of its jewellery Maisons’ iconic collections.Tiffany & Co. posted an “excellent performance”, continuing to strengthen its flagship Knot and HardWear collections while advancing the renovation of its global retail network. The brand also appointed actress Natalie Portman as its new ambassador.
Bvlgari also reported strong growth, unveiling Eclettica, a new artistic vision for its high jewellery and prestige watch collections that generated record-breaking revenue. The Maison also launched a new communication campaign centred on its iconic Serpenti collection.
Across the wider group, LVMH generated €38.64 billion in first-half revenue, with organic growth of 2%. Growth accelerated to 3% in the second quarter despite geopolitical and economic uncertainty. Profit from recurring operations stood at €8.69 billion, while operating free cash flow increased to €4.1 billion.
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