Qatar Free Zones Launch Diamond Exchange
The Qatar Free Zones Authority announced the launch of the Qatar Diamond Exchange, an integrated platform for trading rough diamonds, polished diamonds, and gemstones. Located in the Ras Bufontas Free Zone, the exchange aims to connect Qatar with international markets and promote the diversification of the national economy. It offers comprehensive services including trading, secure storage, certification issuance, auctions, and tenders. The exchange provides members—companies involved in diamond trading, manufacturing, cutting, and polishing—with a secure environment and full foreign ownership rights, along with tax exemptions. It also facilitates connecting producers in Africa and Asia with buyers in Europe and the Gulf countries, thereby enhancing Qatar's position in the global diamond market.
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