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Rise of Dubai's diamond industry

11 June 2012 Last updated at 16:53 BST

Dubai has emerged as one of the world's biggest diamond hubs.

Trade reached $41bn last year, up from just $3-5m a decade ago, and the emirate now rivals the biggest diamond centres in the world including Antwerp, Mumbai and New York.

As it grows, how can it avoid becoming a destination for 'conflict' diamonds?

Jonathan Frewin reports.