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Lumex launches its lab diamond business in Dubai



Dubai has welcomed leading lab-grown diamond company Lumex to set up its base of operations in the Dubai Multi Commodities Centre (DMCC) Free Zone.


“Looking ahead, there is cause for optimism. Dubai has always been a destination for pioneers. The city attracts those who are motivated by new discovery and want to push the boundaries of what is possible. Lumex is a case in point, and so too is the laboratory-grown diamond space,” DMCC CEO Ahmed Bin Sulayem said.


DMCC committed to positioning Dubai as a global hub for both the natural and laboratory-grown diamond trade. It held a lab-grown diamond tender at the Dubai Diamond Exchange (DDE), with over 50,000 carats of laboratory-grown diamonds on offer last year.

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