Marilyn Monroe called them ‘a girl’s best friend’ while others see them as a sign of eternal love. No matter how you look at it, diamonds are the most precious of gems.
The diamond jewellery trade in the Gulf region is ranked fourth in the world today. Dubai is the second largest hub in the world in terms of diamond trade. Diamond trading, which has long been the monopoly of Antwerp, has now found a new competitor in Dubai. The emirate has already tempted a number of companies to relocate to Dubai and is mounting a concerted long-term challenge to make the United Arab Emirates the epicenter of the global diamond market.
Dubai has been attracting a great deal of interest from diamond trading companies in Europe, Asia and the United States.
The word ‘diamond’ comes from the Greek word ‘Adamas’, meaning invincible. This is referring to their hardness, which makes them nearly imperishable. Diamonds are the hardest of all known minerals, 85 times harder than the next closest gem substance, Corundum. Diamonds have long been the standard of beauty and value against which all other gems are measured. The beauty of a diamond lies in its ability to sparkle and disperse light from dozens of minute faces. To get one carat of polished diamond, men have to blast, dig, crush and sort approximately 250 tons of earth.
We are all familiar with diamond engagement rings, but how did this tradition start? Folklore says that it began in 1477 when the powerful Archduke Maximillian of Austria gave a diamond ring to his bride-to-be, Mary of Burgundy. The tradition quickly spread and is responsible for a large portion of diamond sales nowadays.
When choosing a diamond, there are a number of factors to bear in mind. Below is a brief guide to help you get the diamond or diamond jewellery that you’ve always wanted, with confidence. It can be easily remembered as the 11 C’s.