Qatar Free Zones Authority has launched the Qatar Diamond Exchange, a new trading hub in Ras Bufontas Free Zone that will offer diamond trading, certification, secure storage, and related services. The initiative aims to position Doha as a global diamond trading hub while supporting Qatar National Vision 2030.
The Qatar Diamond Exchange (QDE) will offer:
Rough and polished diamond trading
Secure storage and vaulting
Auctions and tenders
Customs clearance
Diamond certification and valuation
Specialist insurance and membership services
The Qatar Diamond Exchange will feature:
A secure trading floor and private negotiation suites
A biometric-access vault with 24/7 security
On-site customs and certification services
Key highlights of the Qatar Diamond Exchange (QDE):
Membership: Open to diamond traders, manufacturers, cutters, polishers, and affiliated service providers.
Member benefits: Trading licences, secure vaults, valuation, assortment services, and specialist insurance.
Business incentives: Eligible free zone companies may benefit from 100% foreign ownership and 0% corporate tax, subject to regulations.
Global trade hub: Will connect diamond producers in Africa and Asia with buyers in Europe and the Gulf through regular tenders.
Strategic location: Based in Ras Bufontas Free Zone next to Hamad International Airport, offering fast global logistics.
Regulatory framework: Operates under the Kimberley Process and Law No. 15 of 2025, ensuring responsible and regulated diamond trade.
Economic impact: Supports Qatar National Vision 2030 by attracting investment, expanding non-oil sectors, and positioning Doha as a global diamond trading hub.