The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the London Diamond Bourse (LDB), establishing a strategic partnership aimed at strengthening ties between the diamond trading communities of Qatar and the United Kingdom. The agreement, signed in London in the presence of H.E. Sheikh Mohammed Bin Hamad Bin Faisal Al-Thani, Chairman of QDE, marks another step in Qatar’s efforts to expand its international network and deepen engagement with established diamond trading markets.
Quick Summary
- The Qatar Diamond Exchange (QDE) has signed an MoU with the London Diamond Bourse (LDB) to strengthen ties between Qatar and the UK diamond trading communities.
- The agreement was signed in London by Ghanim Al-Saadi, Director of QDE, and Charlotte Rose, President of LDB.
- The partnership aims to facilitate business connections, commercial relationships, reciprocal visits and participation in industry events.
- Both exchanges will support consumer confidence in natural diamonds and colored gemstones and encourage adherence to recognized industry standards.
- The MoU builds on QDE’s international partnerships with diamond exchanges and industry bodies in Singapore, Shanghai, Tokyo, Italy and Hong Kong.
- Established in July 2026, QDE operates from Ras Bufontas Free Zone in Qatar and supports the country’s ambitions under Qatar National Vision 2030.
Qatar Diamond Exchange expands global network with London Diamond Bourse partnership
The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the London Diamond Bourse (LDB), establishing a strategic partnership aimed at strengthening ties between the diamond trading communities of Qatar and the United Kingdom. In the presence of H.E. Sheikh Mohammed Bin Hamad Bin Faisal Al-Thani, Chairman of the Qatar Diamond Exchange, the agreement was signed in London, between Ghanim Al-Saadi, Director of the Qatar Diamond Exchange, and Charlotte Rose, President of the London Diamond Bourse.
Strengthening international diamond trade connections
The partnership marks another step in Qatar Diamond Exchange’s efforts to expand its international network and deepen engagement with established diamond trading markets. Through cooperation with the London Diamond Bourse, QDE aims to support the development of the natural diamond, colored gemstone and jewelry trade, creating long-term value for both exchanges and their members.
Framework for business cooperation and industry engagement
The MoU establishes a non-binding framework for the two exchanges to facilitate business connections between their respective memberships, encourage commercial relationships and mutual introductions, and pursue broader cooperation. QDE and LDB will encourage bilateral visits and reciprocal participation in industry events, tenders, auctions, viewings and other activities organized or hosted by either exchange.
Promoting consumer confidence and responsible industry standards
The partnership further seeks to promote consumer confidence in natural diamonds and colored gemstones through international and local industry initiatives, while supporting adherence to recognized industry standards, including the World Diamond Council’s System of Warranties and initiatives led by the Responsible Jewellery Council.
Ghanim Al-Saadi highlights Qatar’s expanding international reach
Ghanim Al-Saadi said: “London is one of the world’s established diamond trading centers, and this partnership represents an important step in expanding the Qatar Diamond Exchange’s international reach. As we continue to build relationships with leading bourses worldwide, we focus on creating practical pathways for our members to access new markets, strengthen commercial opportunities, and participate more actively in the global diamond trade. Our cooperation with the London Diamond Bourse reinforces our ambition to position Qatar as an increasingly connected and trusted participant in the international diamond industry”.
Charlotte Rose emphasizes opportunities for collaboration
Charlotte Rose said: “The future of the diamond industry depends on its ability to connect established trading centers with emerging markets while maintaining the trust and standards that underpin our trade. Qatar represents an opportunity to strengthen engagement with the Gulf region, and this agreement provides a valuable framework for our members to explore new commercial opportunities and share industry expertise. We look forward to building a productive partnership that delivers tangible value to both trading communities and contributes to the long-term development of the natural diamond trade”.
QDE builds on a growing network of international partnerships
The agreement builds on QDE’s growing network of international partnerships, following MoUs signed earlier this year with the Diamond Exchange of Singapore (DES), the Shanghai Diamond Exchange (SDE), the Tokyo Diamond Exchange (TDE), Borsa Diamanti d’Italia (Diamond Bourse of Italy), and the Diamond Federation of Hong Kong, China (DFHK), further strengthening Qatar’s connections with established diamond trading markets and creating new opportunities for international trade and cooperation.
About QDE
Established in July 2026 by the Qatar Free Zones Authority and based in Ras Bufontas Free Zone, Qatar Diamond Exchange provides an integrated, regulated platform for trading rough and polished diamonds and precious stones, bringing together trading, membership, vaulting, certification, and related industry services. Building on Qatar’s participation in the Kimberley Process since 2021, Law No. (15) of 2025 designates Qatar Free Zones Authority as the State’s competent authority and Qatar’s free zones as the sole authorized entry and exit points for rough diamonds. The Exchange connects diamond-producing countries with international buyers and manufacturers, while supporting the growth of Qatar’s diamond and precious stones sector and the country’s economic diversification ambitions under Qatar National Vision 2030.
For more information, visit qde.qa.
About LDB
Established in 1940, the London Diamond Bourse brings together professionals from across the diamond, gemstone and jewelry industry — providing a trusted network, secure facilities, education, industry representation and access to a global community of diamond bourses. LDB is a member of the World Federation of Diamond Bourses, and recognized by the Foreign, Commonwealth & Development Office as a trade association.
FAQs
What is the partnership between the Qatar Diamond Exchange and the London Diamond Bourse?
The Qatar Diamond Exchange and the London Diamond Bourse have signed a Memorandum of Understanding to strengthen cooperation between their respective diamond trading communities and expand international business opportunities.
What are the key objectives of the QDE–LDB MoU?
The MoU aims to facilitate business connections, encourage commercial relationships, promote mutual introductions and support reciprocal participation in industry events, tenders, auctions and viewings.
How will the partnership support the diamond industry?
The partnership will encourage international trade, promote consumer confidence in natural diamonds and colored gemstones, and support recognized industry standards and responsible business practices.
Which international exchanges has QDE partnered with?
QDE has signed MoUs with the Diamond Exchange of Singapore, Shanghai Diamond Exchange, Tokyo Diamond Exchange, Borsa Diamanti d’Italia and the Diamond Federation of Hong Kong, China.
When was the Qatar Diamond Exchange established?
The Qatar Diamond Exchange was established in July 2026 by the Qatar Free Zones Authority and is based in Ras Bufontas Free Zone, Qatar.
What does the Qatar Diamond Exchange do?
QDE provides an integrated, regulated platform for trading rough and polished diamonds and precious stones, along with membership, vaulting, certification and related industry services.
Source: SVAR Media Network
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