The company was formed in March 2003 and has been operating successfully since that time being involved in import, export and local purchases and sales of rough diamonds.

The Managing Director has been active in the diamond industry in Africa and benefits from an extensive network of existing diamond trader contacts. In addition, the company has been able to ensure that major international diamond trading companies as well as local UAE companies are willing to purchase from Tulip Diamonds FZE. The company is also a member of the DDE – Dubai Diamond Exchange which enables it to both buy and sell at diamond auctions locally.

The trading strategy is based on the application of strict and consistent sorting standards, precise valuation, and the knowledge of wholesale diamond demand from the largest cutting and polishing purchasers. This enables the company to estimate run of mine goods and to prepare custom made parcels for a large number of customers worldwide.

Tulip Diamonds FZE benefits from connections with numerous buyers and license holders in some of the main diamond producing countries in Africa- working with the artisanal and industrial producers at source as well as with market makers in the world’s major diamond centres.