Dubai saw almost 179m carats of diamonds traded in 2024
Diamond trade
Latest in Diamond trade
diamond
UAE diamond trades to top $40bn this year with only India and US sparkling more
UAE diamond trade market ranked third in the world behind India and US as it is expected to reach $40bn this year
diamond
Dubai Diamond Week brings extra sparkle to city free zone
The Dubai Multi Commodities Centre (DMCC) has announced the agenda for Dubai Diamond Week, a world-first gathering of the global diamond industry in Dubai from November 11 – 15
Auction
Dubai free zone to host record diamond auction, 50,000 carats on sale
Dubai’s DMCC and Rapaport Diamond Corporation to host historic jewel auction
diamond
Dubai announces diamond trade passed $38bn last year
Dubai has become a major hub in the global diamond trade with DMCC reporting sparking success stories
Diamond trade
UAE now the world’s biggest rough diamond hub, trading over $22.8bn in 2021
The UAE has increased its rough diamonds trade by 76 percent since 2015, overtaking Belgium as the world’s leading rough trade hub
