Rare blue diamond shines at a $100 million exhibition in Abu Dhabi
ABU DHABI, United Arab Emirates (AP) — A rare blue diamond was on display Tuesday at an exhibition of $100 million worth of the world’s rarest diamonds in the United Arab Emirates’ capital, Abu Dhabi.
Related Articles
The traditional indie film system is hurting. This executive says he’s built a winning formula
‘The heartbeat of Blondie’ dies at 70 after ‘private battle with cancer’
Sex abuse trial of former ‘Dances with Wolves’ actor in Nevada is again postponed
Lawyer says Prince Harry was unfairly ‘singled out’ when stripped of UK security detail
Dear Abby: Which ‘friend’ started affair rumors?
The eight diamonds on display at the Sotheby’s exhibition have a total weight of over 700 carats.
Visitors focused on the 10-karat blue diamond from South Africa, considered one of the most important blue diamonds ever discovered. Sotheby’s expects it to be auctioned off at $20 million in May.
Quig Bruning, the company’s head of jewels in North America, Europe and the Middle East, said they chose Abu Dhabi for the current exhibition because of the Gulf nation’s high interest in diamonds.
“We have great optimism about the region,” he said. “We feel very strongly that this is the kind of place where you have both traders and collectors of diamonds of this importance and of this rarity.”
More Stories
Half of business owners would consider leaving UK over CGT rise
Six in 10 UK business owners would be discouraged from founding a new company if John Healey, the chancellor, raises...
AO World buys Jessops from Dragons’ Den investor Peter Jones
The Dragons’ Den investor Peter Jones has sold the photography retailer Jessops to the online electrical retailer AO World, more...
NatWest and British Business Bank back Phoenix Court venture funds
The British Business Bank and NatWest have agreed to invest in funds run by Phoenix Court, the UK venture capital...
Tesco pledges £20m to Henry Dimbleby’s Bramble Partners food fund
Tesco has committed £20m to Bramble Partners, the venture capital fund set up by Leon co-founder Henry Dimbleby, and agreed...
Christian Bolding on Building a Business That Can Keep Growing
Christian Bolding has learned that growth can also create an entirely new set of challenges. The systems that work for...
Revolut pilots facial recognition checkout with no merchant fees
Revolut has today begun piloting what it describes as the UK’s first in-store facial recognition checkout, with merchants paying 0...
