International Gemmological Institute (India) Ltd. (IGI) has approved an investment of up to $150,000 to establish a wholly owned subsidiary in the Kingdom of Saudi Arabia, marking a strategic push into a high-growth Middle East market.
The investment will be made through International Gemological Institute FZCO, a step-down wholly owned subsidiary, following board approval on 16 February 2026. The proposed entity will be 100% owned and will operate as a step-down subsidiary of IGI Netherlands BV and IGI India.
The capital infusion will support the launch of certification services for diamonds, gemstones and studded jewellery, along with gemmology education programmes in Saudi Arabia.
The final company name will be determined after regulatory approvals from the Ministry of Investment of Saudi Arabia (MISA), Zakat, Tax and Customs Authority (ZATCA), and the Chamber of Commerce.
De Beers Group Celebrates the Natural Father-Daughter Bond
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Honoured to be featured in The League Extraordinaire by The New Indian Express Group alongside 32 distinguished leaders. Grateful to Shri Eshwar B. Khandre and Shri Jagadish Shettar for the felicitation, and thankful to everyone who has supported my journey. 🙏✨
2Honoured to be featured in The League Extraordinaire by The New Indian Express Group alongside 32 distinguished leaders. Grateful to Shri Eshwar B. Khandre and Shri Jagadish Shettar for the felicitation, and thankful to everyone who has supported my journey. 🙏✨
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International Yoga Day 2026 was celebrated with great enthusiasm at Bharat Diamond Bourse under the theme "Yoga for Healthy Ageing."
The event brought together members of the gem & jewellery fraternity, highlighting the importance of yoga for wellness, balance, and healthy living
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
