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de GRISOGONO acquires rights of a 404 carat diamond
DMCC’s Almas Tower facilitates the acquisition of the diamond by de GRISOGONO here at Almas
By: Diamond World News Service
May 10 2016 5:12AM
Reference: 12996  

Image Courtesy: DMCC
Image Courtesy: DMCC
Founder and Executive Board Member of Swiss luxury jeweller de GRISOGONO, Fawaz Gruosi, and Executive Chairman of DMCC and Chair of the Kimberley Process, Ahmed Bin Sulayem, announced de GRISOGONO’s acquisition of the rights of a 404 carat diamond from Nemesis International. DMCC’s Almas Tower facilitated the acquisition for de GRISOGONO.

The diamond is one of the 30 largest top quality rough diamonds ever found, and the largest ever found in Angola, weighing 404 carats and characterised by its exceptional quality, colorless aspect and a flawless clarity.

Ahmed Bin Sulayem, Executive Chairman, DMCC and Kimberley Process Chair, said, “Dubai and DMCC has become the global epicenter for the diamond trade and we are delighted to have been part of facilitating the acquisition of one of the world’s largest and rarest diamonds by de GRISOGONO here at Almas - the world’s tallest diamond tower. Not only does this further cement Dubai’s role as a leading diamond trading hub globally, it also highlights how DMCC connects the industry and the producing and consuming countries along the Silk Road.”

de GRISOGONO takes to the approach of sourcing diamonds directly from the sources in the world. Fawaz Gruosi will determine how to best cut this 404 carat stone, to create a rare jewellery piece. “This diamond marks one of the most important milestones in my career both as a jeweler and a designer. Words cannot express how grateful my team and I are to DMCC for such a unique collaboration”, said Fawaz Gruosi, Founder and Executive Board Member of de GRISOGONO.

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