- DMCC announces dedicated Lab-Grown Diamond Vertical, establishing clear separation between lab-grown and natural diamond markets

- Lab-grown diamond trade through the United Arab Emirates reached a record 76.9 million carats in 2025, up 91.5% year-on-year, with trade valued at USD 1.3 billion

- Vertical will focus on the growing industrial and technological applications of lab-grown diamonds across semiconductors, wafers, quantum technologies and space, alongside the global jewellery and consumer market

DMCC has formally established its Lab-Grown Diamond Vertical, creating a dedicated platform for an industry whose rapid expansion is increasingly being driven by advanced manufacturing and technology as well as jewellery and global consumer demand.

The announcement comes as the United Arab Emirates records its highest-ever lab-grown diamond trade volumes. A total of 76.9 million carats were traded in 2025, an increase of 91.5% year-on-year, with the value of trade rising 7.5% to USD 1.3 billion. Volumes have more than doubled since 2022, rising 109% from 36.8 million carats, with imports and re-exports expanding at broadly the same rate, pointing to sustained growth across the UAE’s trade flows rather than a shift in one part of the market.