A government decree has been signed by President Alpha Conde of Guinea for the establishment of the Diamond and Gold Bourse of Guinea Group (DGBG). The DGBG is a joint effort of the daughter of King Saud, two Canadians, I. E. Lakkis from Investissement Royal KSA Inc. of Montreal QC, and. Mike Botha, CEO of Embee Diamond Technologies, in collaboration with a range of Guinean governmental departments and other stakeholders. The DGBG will offer membership to diamantaires who are audited members of the Responsible Jewelry Council. DGBG will apply for membership of the World Federation of Diamond Bourses, once it becomes operational.