Dubai Gold Exchange creates lab-grown diamond sector
The Dubai Multi Commodities Centre has announced the establishment of an independent sector for lab-grown diamonds, aimed at regulating a rapidly expanding industry driven by increasing global demand and advanced manufacturing technologies. In 2025, the trade of lab-grown diamonds in the UAE reached 76.9 million carats, marking a 91.5% increase over 2024, with a value rising to $1.3 billion. Since 2022, volumes have more than doubled by 109%. The sector focuses on advanced industrial applications such as semiconductors, chips, and quantum technologies, with key markets in China, India, and the United States, to foster global technological growth and ensure the industry's sustainability.
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