The DMCC offers a dedicated trading centre for diamonds in the Almas Tower. The Almas Tower which means ‘diamond’ in Arabic is home to the Dubai Diamond Exchange DDE, an international diamond trading centre that accommodates every aspect of the diamond trade, and allows manufacturers, dealers and other links in the diamond value chain to effectively operate from a transparent, secure and sophisticated platform.

• 131 million carats were traded in Dubai in the first half of 2010
• Dubai’s total trade volumes reached $182 million or AED670 million in 2009 an increase of 22 percent over 2008
• Polished diamonds imports grew by nearly 5 percent during 2009, to reach US$6.9 billion from US$6.6 billion in 2008. Exports in the same period were up 30 percent from US$ 5.4 billion to US$ 7 billion
• Rough diamond trade reduced in value by 13 percent, reaching US$18 billion in 2009 compared to US$20.76 billion in 2008
• Top diamond trade partners for Dubai are; India, Belgium and Hong Kong