DMCC, the leading international business district that drives the flow of global trade through Dubai, announced the launch of the DMCC Luxury Innovation Centre - a unique platform set to reshape the global luxury landscape by placing transparency, technology and sustainability at the heart of luxury product innovation.
Delivered in partnership with ORIGINALLUXURY, the global research and insights hub focused on the future of the luxury sector, the Centre is located on the 48th floor of Almas Tower - home to the Dubai Diamond Exchange and one of the most concentrated clusters of precious metals and stones firms in the world. The Centre offers a comprehensive suite of facilities for luxury brands, technology companies and supply chain stakeholders to collaborate on new solutions in transparency, sustainable sourcing and digital integration.
"With the global luxury market expected to surpass USD 400 billion by 2030, and consumers increasingly scrutinising how products are sourced and authenticated, the DMCC Luxury Innovation Centre will drive new standards of creativity and credibility for the industry while supporting Dubai's status as a global hub in the lux-tech space. The focus is clear: greater transparency, tighter provenance, credible sustainability claims and the integration of advanced digital tools. Dubai has already transformed the global trade of gold and diamonds, and this new initiative builds on that legacy, positioning us as the home of responsible luxury and giving the most ambitious brands and innovators from around the world the infrastructure they need to shape the future."