The global coloured gemstone sector has seen significant growth in the past few years as a result of consumer awareness, resulting in the expansion of the market to volume buyers of coloured stones. Dubai’s traditional focus on gold and diamonds has also gradually translated to an awareness of coloured gemstones. Historically, the UAE was home to traditional pearl diving, and pearl trade was the mainstay of the economy before the discovery of oil.
The DMCC is committed to reviving the pearling tradition in the UAE, in addition to creating a significant platform for the coloured gemstone trade. Accordingly, DMCC launched a dedicated Coloured Stones and Pearls Division in 2007, to provide traders with the tools they need to continue to grow the market.
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