Browsing: Diamond Trade

Titan Company Ltd., through its Dubai-based subsidiary Titan Holdings International FZCO, completed the acquisition of a 67% stake in Damas LLC, the renowned jewellery retailer rooted in the Gulf Cooperation Council (GCC) region. The deal was struck with Damas International Limited, a subsidiary of Qatar-based Mannai Corporation. The value of the transaction has been pegged at around USD 282 million (AED 1,038 million).

The 6th edition of CARATS – Surat Diamond Expo, organized by Surat Diamond Association (SDA) from July 11 to 13, 2025, at the prestigious Avadh Utopia, concluded on an exceptionally high note. The event witnessed remarkable participation and enthusiasm from industry stakeholders, culminating in trade transactions surpassing INR 100 crore. This impressive milestone reaffirmed the expo’s growing stature as a premier B2B platform for diamonds in India