Almas Diamond Services Has An Invaluable New Project- Constellation

Since being founded in 2015, Nemesis International has been providing an indispensable service in the field of diamond trading and evaluation. Nemesis International is a rough and polished diamond trader based in Dubai that also provides consulting and marketing services to jewellery industries. However, it has recently worked with the DMCC (Dubai Multi Commodoties Center) to open Dubai’s first diamond manufacturing company, Almas Diamond Services.

Diamonds have always been in demand and people appreciate a well-crafted diamond piece. The whole crafting process is, however, a test of skill and knowledge and not many can achieve the final brilliance that the diamond deserves. In order to meet the high expectations of this field, Almas Diamond Services has invested in some of the most cutting-edge equipment and skilled personnel.

Konema Mwenenge, the chief executive officer of Nemesis International, has hopes that the factory would contribute significantly to the GDP of the country and help boost economic growth. A graduate from SCIENCES PO, in Paris, the CEO holds Masters in Economics and Finance. He has guided Nemesis International to become a leading diamond trader. With a diamond manufacturing company in their vicinity, it would be easier for Nemesis International to make the journey of the diamond from mines to a jeweller even more streamlined.

Almas Diamond provides evaluation, cutting and polishing services of rough diamonds. Since its founding, Almas Diamond Services is expected to work on some famous rough diamonds, and the factory is definitely standing up to all the claims and expectations so far.

One of its famous projects would is the 813-carat Constellation diamond. The diamond in its raw form was displayed during the inauguration ceremony of the factory. It was bought by Nemesis for 63.1 million dollars in partnership with the Swiss de Grisogono jewellers. It is estimated to be completed in ten or twelve months. The state-of-art equipment would be put to test and even master cutters were recruited from Antwerp to aid in this project.

The Constellation is currently the most expensive rough diamond to be ever sold with 77,613 dollars per carat. Before Constellation, de Grisogono has worked on another famous piece, Creation 1. Creation 1 is an emerald-cut, 163-carat, D flawless diamond. Nemesis and de Grisogono had worked on it together. Constellation is going to be another addition to the brilliant partnership of Grisogono’s extensive knowledge in jewellery making and Nemesis’ expertise in diamonds.

The usefulness of Almas factory is however not only limited to crafting stunning diamond pieces alone. It is contributing a lot to the diamond-related activities taking place in Dubai. Dubai Diamond Exchange has hence found itself as a one-stop shop and is now operating full service.

According to Konema Mwenenge, this new factory shows his interest to market in Dubai. He expects it to be able to help in the growth of Dubai’s diamond industry. It would be soon able to produce a good turnover of ‘high-volume rough to high-value polished’ diamonds. Almas Diamond, albeit new, certainly has the drive to flourish in the Dubai diamond industry.

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Nemesis International – Adding Value to The UAE Diamond Trade

Based in Dubai, Nemesis International has been voted as one of the top 10 rough diamond importers of 2017. The UAE Kimberley process confirmed that Nemesis International has imported over 4.6million carats of rough diamonds into the UAE. From the mine to the evaluation, sorting and polishing of diamonds, Nemesis International accompanies and nurtures the diamond every step of the way. Their market experience and passion for diamonds is unmatched and has allowed them to work with some of the most exciting and beautiful diamonds from mines around the world. It has also enabled them to work with the most exquisite high jewellery brands in the world. We had the opportunity to learn more about this successful diamond corporation and the CEO, Konema Mwenenge.

Konema Mwenenge, a graduate of Sciences PO in Paris and also holds a Masters Degree in Economics and Finances from the Panthéon-Sorbonne. As well as being the of CEO at Nemesis International, Mwenenge also serves as Managing Partner at Finexem, which is a financial advisory firm based in Paris and London.

Not only does Nemesis International possess expertise in evaluating a mines diamond production, boiling, analysis, designing, cutting and polishing diamonds but it also provides marketing and technical consultation for jewellery businesses. The technicians and consultants at Nemesis all possess extraordinary experience and expertise, offering transparent advice to the diamond industry from its base in Dubai.

One of the major diamond stories of the decade has been the 404-carat rough diamond called  “4 de Fevereiro”, it is the largest diamond ever found in Angola and the 27th biggest in the world. This historical stone, in turn, yielded a 163.41ct D Flawless Emerald cut stone. The Stone was then set by the Swiss high jeweller, de GRISOGONO into a fabulous necklace named Creation One.

In its rough form, the stone had an unprecedented purity, said Konema Mwenenge, CEO of Nemesis. Some 14 craftsmen worked on the diamond, primarily in New York. Another four or five smaller satellite stones were also polished from the rough, but will be sold separately, Mwenenge added.

The decision to sell the stones as independent pieces, rather than as a set, is part of de Grisogono’s and Nemesis’s strategy to present exceptional diamonds as works of art, Mwenenge noted. In that spirit, he explained, the sale of Creation One is not just about price.

In October 2017 at the Dubai Diamond Conference, held by the DMCC, Konema Mwenenge announced the opening of a brand new, next-generation polishing atelier called the Almas Diamond Services DMCC. This atelier, specialising in large and exceptional rough diamonds, has invested significantly in equipment and artisanal expertise to boil, evaluate & polish diamonds in a secure and safe environment.

Complete with the most advanced machines present in the diamond industry, this polishing facility will help increase UAE’s position and reputation in the global diamond trade. Dubai is now the world’s third largest diamond market. With this facility, it should reach the top very soon.

Konema Mwenenge and the team at Nemesis International are working hard to ensure the DMCC, and the UAE is becoming the leading diamond hub for the world.