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Diamond industry leaders in Dubai tackle price drops and competition from lab-grown diamonds.
Leaders in the diamond industry met at the Dubai Diamond Conference during Dubai Diamond Week to address challenges like price drops, weak demand, lab-grown diamond competition, and changing consumer preferences.
They discussed strategies for collaboration and sustainability, with a focus on using technology and embedding ESG principles.
The UAE, the world's largest diamond trading hub, expects to reach $40 billion in diamond trade in 2024.
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Líderes de la industria del diamante en Dubai abordan la caída de precios y la competencia de diamantes de laboratorio.