TRANSFORM YOUR DIAMOND BUSINESS WITH DMCC

Set up in DMCC, the world’s leading Free Zone

DUBAI — THE FUTURE OF DIAMONDS

Dubai has gone from virtually having no diamond trade to becoming one of the leading hubs in the world in just 20 years.

Set up your business with us and be at the forefront of the industry.

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WHY DMCC IS PERFECT FOR YOUR BUSINESS

centre-of-trade-1

At the centre of diamond trade

Dubai is strategically located in the heart of the region’s diamond trade, connecting to all parts of the supply chain and making it a convenient place to do business.

state-of-the-art-vertical-diamond-city-1

World-class vertical diamond district

Our world-class facilities are located all under one roof, Almas Tower, giving you everything you need to successfully set up and run your diamond business.

no-1-free-zone

We are the world’s #1 Free Zone

As the world’s number 1 Free Zone, DMCC provides you with unrivalled solutions and support so your business can flourish.

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0% tax, 100% foreign ownership

Set up your business in DMCC for an exemption on all import taxes, 0% income tax, 0% Carat tax, also a 100% business ownership. DMCC also caters for Family Office structure.

WORLD-CLASS FACILITIES

Our facilities provide our members with a complete serviced environment for succeeding in the diamond industry.

Dubai Diamond Exchange (DDE)

Dubai Diamond Exchange is the world’s largest specialised diamond tender facility with 41 fully equipped, secure, private viewing, trading and meeting rooms. For all our members in the precious gems market, we provide a complete service environment – from grading to shipping, and trading to networking; you can find everything you need to successfully grow your diamond business.

Boiling Facility

The boiling facility at Almas Tower is equipped with the latest technology to aid our clients in the pursuit of the best quality diamonds.

Grading Labs

The establishment of diamond jewellery grading labs in Almas Tower ensures the transparency and authenticity of each jewellery piece.

Financing

Almas Tower is perfectly placed and connected in Dubai’s financial sector. Almas’ location being in close proximity to the nation’s banking sector allows simplified financing for diamond companies.

Secure Storage & Transportation

Brink’s transportations provide secure logistics services and are fully operational at Almas Tower. The service provided is complete with logistical solutions, import and export facilities, storage, customs clearance, Kimberley Process operations and inspections. Transguard is also readily available to transport valuable cargo from/to Dubai International Airport.

Vault

Almas Tower is equipped with a master vault specifically designed for diamond storage. Built with security and accessibility as the main focus, the vault is fitted with state-of-the-art security and robot automation for diamond retrieval and storage.

Kimberley Process

The United Arab Emirates (UAE) was the first Arab country to become a signatory of the Kimberley Process (KP) in 2003, a scheme designed to prevent the flow of conflict diamonds. The UAE KP Office located in DMCC provides the only legitimate entry and exit point for rough diamonds in the country.

TRUSTED GLOBALLY

DMCC is central to Dubai’s success in the diamond industry. With the world’s leading diamond companies based in the Almas Tower, DMCC is emerging as the diamond industry leader and pushing the boundaries of diamond trade.

Alrosa
Rosy-BLue
3x-Diamonds
Stargems
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Dimexon
DeBeersGroup
Diarough
Diarush (1)
SBMH
TAGS
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Supergems
Koin
Dhamani
Aurostar1
Yaelstar
Grib-Diamonds

GLOBAL CONNECTIVITY

The diamond industry is being disrupted by innovation. With a heavier focus on continuously pushing the limits of diamond technologies, Dubai has emerged as a leading destination for diamond trade. With global flights from and towards major consumers and producers (daily trade line from Surat), Dubai’s connectivity gives your company the edge to compete in the industry.

SETTING SIGHT ON THE FUTURE

The diamond industry has been around since ancient times. However, market trends, economic shifts, technological advancements and consumer preference are all slowly revolutionising the diamond industry.

400-bce

400 BCE

The first diamonds in India

The first diamonds were found around the Indian rivers. It instantly became a symbol of power for the local leaders.

1300

1300’s

The first diamond trading routes to Europe

Diamonds appeared in Europe in the 13th and 14th century. It moved from Venice to Bruges, Paris and finally Antwerp.

1400

1400’s

The rise of Antwerp

Antwerp brought the first diamond polishing wheel, the Scaif, invented by Lodewyk Van Berken and marks the rise of the city for diamond trading.

1725

1725

A New Era for diamond trade: Brazil, Africa and Russia

New diamond mines were discovered in Brazil which caused an uptick in production and the industry grew very quickly.

1800-s

1800’s

De Beers diamond dynasty

The De Beers bought a farm in South Africa and found a diamond mine under their land. They continue to be one of the biggest diamond producers today.

2002

2002

Kimberely Process established

A global collective attempt to standardise diamonds to ensure it is conflict-free.

conference1

2003

Kimberley Process Certification Scheme introduced

KPCS was implemented in the UAE by the Ministry of Economy, making the UAE the first Arab country to introduce this process, and the DMCC Authority the only entry and exit point for rough diamonds in the country.

2019-2

2003

UAE establishes connections in the diamond industry

The UAE joins the Kimberley Process and annual total trade of rough and cut natural diamonds in UAE reaches US $3.6 billion.

2004

2004

Launch of the Dubai Diamond Exchange

Dubai Diamond Exchange opens its trading floor and puts Dubai’s name in the diamond trade.

2009

2009

Opening of Almas Tower

DMCC opens Almas Tower to businesses and Dubai’s diamond trade increased by 22%.

2016

2016

United Arab Emirates chairs the Kimberley Process

Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC is chosen to chair the Kimberley Process.

Big-diamond

2019

Constellation in Dubai

A record-breaking diamond was processed at Almas Diamond Services in Dubai which revealed the largest D-coloured diamond in history being 313-carats. The reveal took place at DMCC’s Dubai Diamond Conference.

2019

2019

Redesign of the Dubai Diamond Exchange

The Dubai Diamond Exchange is redesigned. Now the world's largest tender facility.

Now-v2

Now

Dubai

Now accounts to over US $25 billion in the diamond trade. It is positioned to be the global hub for diamond trading in the future.

WITH OUR EYES SET ON THE FUTURE, DUBAI IS THE NEW HOME FOR DIAMONDS

Speak to a member of our team for more information about setting up your diamond business in DMCC

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