Grading

GIA to Open Lab in Dubai in Mid-2023

GradingJul 28, 2022

GIA to Open Lab in Dubai in Mid-2023

Announced earlier this week by the Dubai Multi Commodities Centre, the news comes just as GIA prepares to close its Antwerp facility.

The Gemological Institute of America has signed a nine-year lease on two floors of office space for a new lab in Dubai’s Uptown Tower. The 79-floor skyscraper is slated to be fully complete by the end of the year. (Photo courtesy of the Dubai Multi Commodities Centre)
Dubai, United Arab Emirates—The Gemological Institute of America is slated to open a new laboratory in Dubai in mid-2023, leasing two floors of space in a new 79-floor skyscraper. 
 
The announcement, made earlier this week by the Dubai Multi Commodities Centre, comes just as GIA closes its lab in Antwerp citing lack of demand and as Dubai looks to further cement its position as a leading hub for both rough and polished diamonds.

GIA previously had a take-in facility and offered education in Dubai through GIA India Laboratory Pvt. Ltd. but closed those operations at the end of 2019

GIA will operate its new Dubai lab through subsidiary GIA Laboratory DMCC.

According to DMCC, the new GIA lab in Dubai will occupy more than 41,000 square feet across two floors of the Uptown Tower, a 1,115-foot-high structure that’s a mix of offices, residential, retail and hotel space. 
 
It has signed a nine-year lease in the building. 
 
The lab’s custom design will “create new efficiencies” in GIA’s laboratory processes and services, DMCC said, and will use the latest technology, including advanced GIA instrumentation.
 
The opening of the lab is expected to create as many as 500 new jobs in Dubai.
 
“The growing importance of Dubai as a diamond center and its outstanding infrastructure make the DMCC an excellent choice for a significant expansion of GIA’s capacity,” Tom Moses, GIA executive vice president and chief laboratory and research officer, said in DMCC’s announcement of the lease. 
 
“Dubai’s close proximity to the important diamond manufacturing and producing centers, in addition to efficient transportation links to global diamond markets, will help support our clients and, very importantly, extend our important consumer protection mission.”
 
GIA said it will release more information on the new lab closer to its mid-2023 opening. 

A project of Adrian Smith + Gordon Gill Architecture, the same firm that created the Burj Khalifa, Uptown Tower was designed to call to mind a diamond, with an all-glass exterior resembling facets. 

It is LEED gold-certified and billed as “Dubai’s latest landmark.” 
 
Construction on the tower finished earlier this year. The structure is currently in its testing and commissioning phase, with completion set for the fourth quarter this year, DMCC said. 


 Related stories will be right here …
 
Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.
tags:

The Latest

IndependentsDec 07, 2022
How Daniel’s Jewelers Has Lasted 70+ Holiday Seasons

In a Q&A, CEO David Sherwood shares some company history, the secret to success during the busiest time of year, and more.

TrendsDec 07, 2022
Amanda’s Style File: December Blues

Jewelers of America’s Amanda Gizzi spotlights her favorite turquoise, tanzanite, and zircon December birthstone jewelry.

IndependentsDec 07, 2022
The Radiance Lands at Marissa Collections

The retailer is now selling the 13 diamond jewelry capsule collections created by BIPOC designers on its website.

Brought to you by
How To Buy Colored Gemstones

Give your customers the full gemstone buying experience by using the 6C's.

AuctionsDec 07, 2022
Christie’s Magnificent Jewels Auction Totals Nearly $59M in New York

After a 13-carat pink diamond was pulled ahead of the sale, blue and colorless diamonds reigned supreme.

Weekly QuizDec 01, 2022
This Week’s Quiz
Test your knowledge of the latest jewelry news with this quick test.
Take the Quiz
FinancialsDec 06, 2022
Signet Anticipates Solid Holiday Season, Raises Guidance

The jewelry giant posted a decline in same-store sales in the third quarter but is gearing up for a season of growth.

TrendsDec 06, 2022
Pantone’s 2023 Color of the Year Is A Lot Like Rubellite, Spinel, Ruby

“Viva Magenta” easily finds its colored gemstone counterparts.

Brought to you by
Knowledge and Skills for Today’s Hot Topics

From laboratory-grown diamonds to design to country-of-origin, GIA's Alumni Collective™ has a seminar to suite your needs.

AuctionsDec 06, 2022
Jewels from the Sunken ‘Ship of Gold’ Smash Auction Estimates

Holabird Western Americana Collections offered hundreds of treasures recovered from the S.S. Central America in its Dec. 3 sale.

ColumnistsDec 06, 2022
The Smart Lab: 6 Holiday Email Marketing Strategies To Boost Sales

From creating catchy subject lines to retargeting abandoned carts, Emmanuel Raheb has a half-dozen pieces of email marketing advice.

IndependentsDec 06, 2022
CD Peacock Names VP of Client Engagement, Experience

Qi Holtzman is a member of the second generation to run the family-owned Chicago area jeweler.

IndependentsDec 05, 2022
Holocaust Survivor and Jeffrey Mann Jewelers Matriarch Rena Mann Dies

Mann, who opened the Ohio jewelry store with her husband and son in 1984, was 95.

TechnologyDec 05, 2022
Timex Ticks into the Metaverse with Bored Ape Yacht Club

The watch brand will create 500 custom timepieces for holders of Bored Ape Yacht Club NFTs.

EditorsDec 05, 2022
Meet Jewelry’s First TikTok Star

When it comes to translating luxury into the social media platform’s approachable style, JewelsWithJules has cracked the code.

Events & AwardsDec 05, 2022
WJA Foundation Awards Nearly $60K in Scholarships for 2022-2023

Scholarship winners received awards in six different categories.

SourcingDec 02, 2022
Alrosa CEO Sergey Ivanov to Step Down, Report Says

According to Russian news sources, the sanctioned head of the diamond company is leaving to take a job with an investment group.

SourcingDec 02, 2022
Lucapa Sells 170-Carat Pink Diamond Unearthed This Summer

Said to be the largest pink diamond found in hundreds of years, “The Lulo Rose” was sold for an undisclosed sum.

AuctionsDec 02, 2022
Here’s How 2 Royal Jewels Performed at Auction in Denmark

A princess’s tiara fell within its pre-sale estimate while an Art Deco bracelet from a queen doubled it.

CollectionsDec 02, 2022
Piece of the Week: Foundrae’s Chain

A closer look at the bold links reveals a subtle, surprising detail.

Supplier BulletinDec 01, 2022
Take Your Jewelry Design Process Digital with the GIA Alumni Collective™

Sponsored by GIA Alumni Collective™

WatchesDec 01, 2022
Rolex to Certify Pre-Owned Watches

Retailers within its official distribution network will be able to sell the authenticated timepieces.

CollectionsDec 01, 2022
Kendra Scott’s New Collection is for Barbie Girls

The capsule collection combines the brand’s classic styles with Barbie’s signature pink color.

AuctionsDec 01, 2022
13-Carat Pink Diamond Withdrawn From Christie’s Auction

The auction house is not offering any details on why the fancy vivid pink stone was pulled from its upcoming “Magnificent Jewels” sale.

SourcingDec 01, 2022
Nomad’s Is Selling Its Stones to Raise Money for Ukraine Again

In the spirit of an advent calendar, “Gems to Help Ukraine” will sell a stone a day through Dec. 24 on the Nomad’s Instagram account.

SurveysNov 30, 2022
5 Things Retailers Should Know About the Start to the Holiday Season

Plus, what a potential rail strike would mean for retailers.

WatchesNov 30, 2022
Watchfinder & Co. Will Launch a Marketplace Next Year

It will provide a place for select luxury watch retailers to sell their stock.

MajorsNov 30, 2022
Pomellato Buys Into Italian Goldsmith

The brand has purchased a minority stake in Costanzo & Rizzetto.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy