Worlds first lab-grown diamond symposium held in Dubai Lab-Grown Diamond Symposium, Dubai, UAE

In the heart of Dubai, Jumeirah Lakes Towers Atlantis The Palm, DMCC Global Trade Center hosted the first lab-grown diamonds (LGD) symposium on July 10, 2023

Industry leaders in the lab-grown diamond industry, including industry, retailers, financial institutions, government stakeholders, discussed the prospects and challenges of the emerging technology industry.

IQ Diamonds (IQDIAMONDS.RU) took an active part in this historic event as part of the Diamond Cluster of the Russian Federation (DIAMONDCLUSTER.RU) .

The symposium included consideration of several key topics aimed at shaping the future of the industry: financing and regulation, marketing, sustainable development. The discussions led by the participants are aimed at removing the barriers faced by lab-grown diamonds (LGD) in a timely manner and developing an action plan for global long-term growth.

Holding the Diamond Lab Growth Symposium in Dubai recognizes the UAEs status as one of the worlds leading trading centers and attraction for both technology, such as lab-grown diamonds, and physical commodities, such as gemstones.

Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, said: “Since the arrival of cultured pearls from Japan in the 1930s, the UAE has realized the potential, challenges and benefits of disruptive industries. Diamond growing in the laboratory is a completely new and unique industry with its own set of possibilities, from jewelry to semiconductors. This symposium shows that we are ahead of the curve in advancing important industry discussions to achieve long-term and positive results, not only in Dubai but globally.”