The Global Reach of NY Koen Group: Luxury, Innovation, and International Influence

NY Koen Group is rapidly becoming a global luxury powerhouse, embodying innovation and versatility in every business trend. It was founded in 2006 by business entrepreneur Naum Koen, who has quickly grown the company from small beginnings in diamond industries into a multinational holding company with several sectors, such as private aviation, digital technologies, tourism, construction, and security. Headquartered in Dubai but with operating facilities in Ukraine, NY Koen Group specializes in excellence and distinctive services across its diversified portfolio. Such wide reach has therefore enabled the company to affect markets all over the world, with a central vision based on innovation and quality.

Today, NY Koen Group operates from the unique setting of the Queen Elizabeth 2 in Dubai, an iconic venue mirroring the group’s prestige and international image. From diamonds to digital platforms, NY Koen Group has continually built a reputation of dynamic business initiatives and partnerships which reflect its commitment to quality and progress. It goes way back to the first initiatives of Naum Koen with diamond cutting and supply that served as the precursor for NY Koen Group. In his effort to turn diamond businesses into diversified conglomerates, Koen utilizes all that he knew from being a businessman in the luxury goods sector: His expertise with the precious industry is an integral factor of the business as this relates to diamonds.

One of the most significant events in the history of NY Koen Group is that its subsidiary, Amber Palm, showcased the world’s first amber stone mosque inside the Burj Al Arab hotel in Dubai in 2017. This unique and landmark project demonstrated the company’s ability to blend cultural heritage with the finest luxury, further cementing its position as a forerunner in innovative luxury experiences. Amber Mosque is one of the accuracy in amber crafting and beauty, testifying to the commitment of the NY Koen Group for cultural and artistic expression of its projects.

NY Koen Group also exerts a strong influence in digital technology through GEMGOW, an online trading system for precious stones. HBK Holding, the flagship entity of Sheikh Hamad bin Khalifa Al Nahyan, purchased 25 percent share in GEMGOW in 2020 and fostered massive investment interest into it. This strategic play also built much strength in GEMGOW’s market influence in that it cemented the stake within the digital and luxury space for NY Koen Group. GEMGOW provides an online marketplace through which buyers and sellers are connected. This means a global network for trading in gemstones is established, making the access to precious stone trading much easier.

Other than the luxury and technology ventures, NY Koen Group has also entered private aviation through Aero Private Jet. NY Koen Group intends to offer the most elite travel experience to all customers around the globe while at the same time being one of the best options in the market for private aviation. The company has lately expressed interest in acquiring Israir Airlines in 2020, which will further expand its portfolio of aviation services. This interest underlies the commitment of this group to provide world-class private air travel solutions for elite customers in the Middle East and beyond.

The group partnered with Kosher Luxury Travel (KLT) in 2020; however, this move did take into consideration the ever-changing dynamics of travel once relations between Israel and the UAE became normalized. Now, the Kosher Centre, which was established at Queen Elizabeth 2, houses kosher services for the many Israelis who visit the country; one is to appreciate how far NY Koen Group will go to accommodate different kinds of cultural and religious expressions found in the luxury space.

NY Koen Group, through its portfolio of ventures, demonstrates an exquisite ability to diversify itself while maintaining excellence in so many different industries. Its ventures in precious stones and high-end aviation or perhaps digital marketplaces all exploit innovation and deep understanding in luxury to create value and deliver sustainable services. And as it continues to evolve, there is only growth in power as an influence on global markets, spurred by a vision and a steadfast commitment at the highest quality to innovation and service.