LAKHI – DIAMOND BRAND
Sparklers International DMCC, part of DTC Sightholder Lakhi Group, will use Polygon as a strategic component in marketing their patented diamond brand, Pristine Hearts. The diamonds have a heart that appears to float within the diamond, IDEX Online reported.
It took the company seven years of research to develop the brand, a collection of diamonds that “captures the meaning of true love in all its facets,” the company said in a release, adding that the Pristine Hearts diamond is the only diamond with a true heart shape inside, visible from the crown and the pavilion view.
The cut has 73 facets and each has a unique individual identification number. Lakhi uses J / SI goods and better in sizes of 25 pointers and larger for this line.
Sparklers International DMCC will be using Polygon to reach and locate retailers worldwide to carry the new diamond brand.

DMCC – MOVE – ALMAS TOWER
Dubai Multi Commodities Centre (DMCC) is relocating to the iconic Almas Tower, and will be fully operational from its new offices from July 22, 2008, according to an announcement from the Centre.
DMCC will continue to offer its full range of services to registered members and potential clients, from its new offices located on the 49th, 50th and 51st floors of the 65-floor Almas Tower, within the Jumeirah Lakes Towers (JLT) development.
Ahmed bin Sulayem, Executive Chairman, DMCC, said: “DMCC’s relocation to its own offices at Almas Tower marks a significant milestone for us, and the first phase in the development of a commodity-specific physical cluster in Dubai. We look forward to offering seamless services to our members from within a single location. Almas Tower is the flagship of the JLT development and will represent the newest hub for commodity trading in the Middle East.”

CHRISTIE’S SALES UP 10% IN FIRST HALF OF 2008
Christie’s auction house’s total worldwide sales in the first half of 2008 increased by 10 percent from its sales in the first half of 2007. Jewelry, jadeite and watch sales reached US$275 million in the first half, Tacy reported.
Christie’s celebrated 40 years in Switzerland with strong results in the first half of 2008. The sales in Geneva and Zurich totaled US$89 million, with the Geneva sales up 70 percent on the same sales in 2007 led by a particularly strong jewelry sale that realized US$57 million. Christie’s fourth Dubai sale series totaled US$40 million, with a superb natural pearl and diamond necklace selling for US$1.7 million.
 “As worldwide sales values continue to remain steady, Christie’s approaches the second half of the year in the continued belief that the global art market overall will remain strong and steady,” says Edward Dolman, Chief Executive Officer.

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