Dubai Multi Commodities Centre (DMCC) has established a dedicated Lab-Grown Diamond Vertical, as UAE trade in LGDs reached a record 76.9 million carats in 2025, up 91.5% year-on-year, with trade value rising 7.5% to USD 1.3 billion.
The new vertical creates a clear separation between lab-grown and natural diamond activities at DMCC, reflecting the sector’s scalable manufacturing and expanding industrial applications.
Ahmed Bin Sulayem, Executive Chairman & CEO, DMCC, said the sector’s next opportunities could extend beyond jewellery into semiconductors, diamond wafers, quantum technologies, medical devices and aerospace.
The organisation identified China, India and the US as key markets underpinning the global lab-grown diamond industry, while Japan, Israel and the UK are also established centres for research, industrial applications and trade.
The vertical builds on DMCC’s work in the sector since 2020 and will bring together producers, manufacturers, traders, investors, finance providers, technology companies and industrial users. The UAE’s overall diamond trade reached USD 41.7 billion in 2025.