Qatar opens diamond exchange at Ras Bufontas
The Qatar Free Zones Authority announced the launch of the Qatar Diamond Exchange, an integrated platform for trading rough diamonds, polished diamonds, and gemstones. It is located in the Ras Bufontas Free Zone area. The exchange aims to strengthen the connection between the Qatari market and the global diamond markets and to support economic diversification in line with Qatar National Vision 2030. The services offered include secure trading, certificate issuance, secure warehousing, negotiations, and commercial events, all supported by modern security measures and biometric-based protection systems. This step is significant in enhancing Qatar's position in the international diamond industry and attracting investments. It targets bringing together various stages of the value chain, including manufacturing, auctions, and support services, and has been an active member of the Kimberley Process Certification Scheme since 2021.
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