Diamond’s Are Dubai’s Best Friends
As UAE Hosts Kimberely Process, Participants Push for Broader Definition of Conflict
May 21, 2025— This year, the UAE shone as a top diamond trader as it hosted the annual Kimberley Process meeting in Dubai.
As one of the world’s top traders in diamonds, the United Arab Emirates has an interest in the regulation of the trade to ensure it runs smoothly. Some stakeholders worry that interest will hinder efforts to strengthen protections.
In the closing session, Ahmed Bin Sulayem, the UAE’s chair of the process, highlighted the country’s trade of over 1.06 billion carats in diamonds, an amount making the Dubai “the largest rough diamond hub in the world.”
“We need the Kimberley Process to remain focused, so that all of us can continue to support trade growth, resilience and d...