Dubai - Mubasher: Swiss-based provider of revolutionary water jet guided laser systems, Synova SA, has joined DMCC’s growing community of member companies by opening a new automated diamond manufacturing facility in Almas Tower.
The micro-machining centre (MMC) is set to house two 5-axis DaVinci laser cutting machines, according to a press release on Thursday
The DaVinci system is the first automated manufacturing solution that is able to transform rough diamonds into unique cut diamonds within a matter of hours. Moreover, it increases the value extracted from each diamond, as the cut-off diamond chips can be reused and are not polished away and lost, as is common in traditional diamond manufacturing methods.
Executive Chairman and CEO, DMCC, Ahmed Bin Sulayem, said: “In 2021, the UAE became the largest rough diamond hub in the world, and with a total of $19.8 billion of rough and polished diamonds traded in the first half of 2022, Dubai is well on its way to becoming the leading trade hub for the polished segment as well.”
The new state-of-the-art facility at Almas Tower adds to the comprehensive diamond ecosystem present in Dubai, promoting efficiencies and delivering greater value for the entire global diamond industry.
Founder and CEO, Synova SA, Bernold Richerzhagen, added: “As revolutionary innovations are always met with scepticism, the aim of this new facility is to demonstrate the capabilities of our DaVinci system. Potential customers will be able to assess the effectiveness of our technology and evaluate the benefits it could bring to their own manufacturing.”
In line with its mandate to attract, facilitate, and drive new trade flows through Dubai, DMCC has played a key role in establishing the emirate as a leading global hub for the diamond trade. DMCC’s Dubai Diamond Exchange is the largest diamond tender facility in the world and home to over 1,150 diamond companies.
