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Dubai diamond trade hits record $41.7 billion as 359.5 million carats traded in 2025

July 13, 2026·Economy Middle East

Disclaimer

This news item is AI-rewritten from public sources for GCC context. For informational purposes only. Not investment advice, a solicitation, or a recommendation. Consult a licensed financial advisor before making any investment decision.

GCC CONTEXT

Dubai's diamond trade growth reflects broader patterns of consolidation in the UAE's re-export sector, where the emirate has established itself as a global intermediary hub for precious stones alongside its traditional roles in gold and jewelry manufacturing. The volume metrics indicate sustained demand from Asian cutting and polishing centers—particularly India—which have historically driven throughput in the Gulf's gemstone trade corridors. Record trade values in this sector typically correlate with wider economic activity in jewelry consumption markets and the structural efficiency of Dubai's free-trade logistics infrastructure.

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