Photo essay: The Dubai company producing sustainable diamonds in a laboratory


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2Dot4 is a company producing lab-grown diamonds. Founded in Dubai in 2022, its primary focus is on creating sustainable and environmentally-friendly luxury products.

The name, 2Dot4, refers to the way diamonds transmit light, indicating the company's dedication to producing diamonds with clarity.

The team is made up of 38 people, including five founders, engineers and six employees with PhDs. Speaking to The National, Roger Kylberg, chief executive and managing partner of 2Dot4, says that the team of founders decided to open their company in Dubai because of its geographic location, its capacity for diamond trading and because it is a centre of innovation.

“It's a good place to recruit talent. People are very positive to come to this region. You have the sun and it's close to many different places. We recruit engineers and [process hazard analysis] people from Europe or stone polishers from India,” Kylberg says.

“It's extremely important to be transparent. It's extremely important to be reachable and communicate the generation, especially since we are talking to generations who expect to see everything with 100 per cent transparency.”

The price point, compared with natural diamonds, also plays a vital role in changes within the industry, says Arnaud Flambeau, executive chairman of 2Dot4.

“It's a beautiful product. I started the company because I was in the natural diamond for 30 years [but] you can be bolder, wider when you make designs. For a reasonable price, you get top quality diamonds,” Flambeau tells The National.

“It's a product that is good for the planet, it's sustainable ... our technology can help to keep this beautiful stone around the neck or arms [of customers], and that’s fantastic for me.”

6 UNDERGROUND

Director: Michael Bay

Stars: Ryan Reynolds, Adria Arjona, Dave Franco

2.5 / 5 stars

MATCH INFO

Barcelona 2
Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

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What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

RESULT

Al Hilal 4 Persepolis 0
Khribin (31', 54', 89'), Al Shahrani 40'
Red card: Otayf (Al Hilal, 49')

Brief scoreline:

Crystal Palace 2

Milivojevic 76' (pen), Van Aanholt 88'

Huddersfield Town 0

Januzaj's club record

Manchester United 50 appearances, 5 goals

Borussia Dortmund (loan) 6 appearances, 0 goals

Sunderland (loan) 25 appearances, 0 goals

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

The specs

Engine: 3.0-litre six-cylinder MHEV

Power: 360bhp

Torque: 500Nm

Transmission: eight-speed automatic

Price: from Dh282,870

On sale: now

Scoreline

UAE 2-1 Saudi Arabia

UAE Mabkhout 21’, Khalil 59’

Saudi Al Abed (pen) 20’

Man of the match Ahmed Khalil (UAE)

What's in the deal?

Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024

India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.

India will also cut automotive tariffs to 10% under a quota from over 100% currently.

Indian employees in the UK will receive three years exemption from social security payments

India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery

Updated: November 18, 2023, 9:48 AM