logo
Sotheby's unveils $100mn diamond collection in historic Abu Dhabi exhibition

Sotheby's unveils $100mn diamond collection in historic Abu Dhabi exhibition

Sotheby's has unveiled a $100 million diamond exhibition in Abu Dhabi, marking its first public showcase in the emirate in over 15 years.
The exhibition, hosted in partnership with the Abu Dhabi Investment Office (ADIO) at the Bassam Freiha Art Foundation on Saadiyat Island, features several rare diamonds, including the 'Mediterranean Blue' – a 10.03-carat Fancy Vivid Blue diamond expected to fetch $20 million at an auction in Geneva next month.
Sotheby's diamond showcase
'This is one of the best and most incredible exhibitions dedicated to diamonds of this caliber ever done in the world,' said Katia Nounou Boueiz, Sotheby's Deputy Chairman for the Middle East, during the launch event.
Quig Bruning, Senior Vice President and Head of Jewelry for the Americas, Europe, and Middle East, emphasised the rarity of the collection: 'If you took all of the blue diamonds over 10 carats in the world, you could probably put them in your pocket.'
The ' Mediterranean Blue ' is particularly significant as 'there was not a single vivid blue diamond over 10 carats that came on the market at all last year,' according to Bruning.
Other pieces include:
'The Red Diamond': A 5.05-carat Fancy Brown-Red Diamond – the second largest red diamond known to exist
'The Desert Rose': The world's largest vivid orangey pink diamond (31.68 carats)
'The Golden Canary Necklace': The largest internally flawless diamond (303.10 carats)
'The Ultimate Emerald Cut': A flawless 100.20-carat diamond ring
The decision to launch in Abu Dhabi reflects the region's growing influence in luxury markets.
'We've chosen the Gulf as the location of this global unveiling due to the extensive and deep-rooted relationship we have with clients, collectors, and consigners in the region. This confirms that the region has truly become one of the most dynamic drivers of the luxury industry globally,' Bruning said.
The exhibition is open to the public until April 10, running daily from 10 AM to 8 PM with free admission.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Buddhist gems return to India after 127 years
Buddhist gems return to India after 127 years

Dubai Eye

time4 days ago

  • Dubai Eye

Buddhist gems return to India after 127 years

A collection of hundreds of jewels linked to Buddha's remains has returned to India after 127 years following an auction planned for earlier this year that drew threats of legal action from the government in Delhi. Indian Prime Minister Narendra Modi on Wednesday hailed the return of the collection, known as the Piprahwa Gems of the Historical Buddha. "A joyous day for our cultural heritage!" Modi wrote in a post on X. "It would make every Indian proud." The collection of more than 300 gems date from the Mauryan Empire, around 240-200 BCE. The collection was originally scheduled to be auctioned by Sotheby's in Hong Kong in May but the sale was postponed after India's government threatened legal action and demanded the jewels be returned. Sotheby's subsequently identified Indian conglomerate Godrej Industries Groupas buyer and secured a sale that saw the permanent return of the gems to India, where they would be placed on public display. "Sotheby's is delighted to have facilitated the return of the Piprahwa Gems to India," the auction house said in a statement late on Wednesday. India's Ministry of Culture said it was an exemplary public-private partnership and the initiative aligned with Modi's broader mission to reclaim and celebrate India's ancient cultural and spiritual heritage from across the world. The gems were unearthed in 1898 from an ancient stupa in Piprahwa, northern India, by English estate manager William Claxton Peppe, along with fragments of bone thought to belong to Buddha. Peppe was later allowed to keep more than 300 duplicate gems, which remained in his family.

Buddhist gems return to India after 127 years
Buddhist gems return to India after 127 years

ARN News Center

time4 days ago

  • ARN News Center

Buddhist gems return to India after 127 years

A collection of hundreds of jewels linked to Buddha's remains has returned to India after 127 years following an auction planned for earlier this year that drew threats of legal action from the government in Delhi. Indian Prime Minister Narendra Modi on Wednesday hailed the return of the collection, known as the Piprahwa Gems of the Historical Buddha. "A joyous day for our cultural heritage!" Modi wrote in a post on X. "It would make every Indian proud." The collection of more than 300 gems date from the Mauryan Empire, around 240-200 BCE. The collection was originally scheduled to be auctioned by Sotheby's in Hong Kong in May but the sale was postponed after India's government threatened legal action and demanded the jewels be returned. Sotheby's subsequently identified Indian conglomerate Godrej Industries Groupas buyer and secured a sale that saw the permanent return of the gems to India, where they would be placed on public display. "Sotheby's is delighted to have facilitated the return of the Piprahwa Gems to India," the auction house said in a statement late on Wednesday. India's Ministry of Culture said it was an exemplary public-private partnership and the initiative aligned with Modi's broader mission to reclaim and celebrate India's ancient cultural and spiritual heritage from across the world. The gems were unearthed in 1898 from an ancient stupa in Piprahwa, northern India, by English estate manager William Claxton Peppe, along with fragments of bone thought to belong to Buddha. Peppe was later allowed to keep more than 300 duplicate gems, which remained in his family.

UAE, China strengthen civil aviation ties during high-level visit
UAE, China strengthen civil aviation ties during high-level visit

Sharjah 24

time26-07-2025

  • Sharjah 24

UAE, China strengthen civil aviation ties during high-level visit

Strengthening strategic aviation ties The visit aimed to enhance technical and commercial collaboration in the civil aviation sector, to push forward the UAE and China's strategic partnership. The UAE delegation included Badr Salim Al Olama, Director-General of the Abu Dhabi Investment Office (ADIO), and Engr. Esmaeel Hassan Alblooshi, Director General of the Department of Civil Aviation, Ras Al Khaimah, along with senior representatives from the General Civil Aviation Authority, the Abu Dhabi Investment Office, EDGE Group, and the Department of Civil Aviation, Ras Al-Khaimah (RAKDCA). Building on strong bilateral relations Saif Al Suwaidi emphasised that cooperation between the UAE and China in civil aviation continues to grow steadily, supported by existing agreements and the strong bilateral relations. Focus on knowledge exchange and innovation He stated, 'We are working to expand cooperation with our partners in China, particularly in the fields of manufacturing, technical licensing, and knowledge exchange, contributing to the development of civil aviation systems. This visit represents a practical step towards establishing new partnerships that support the future growth plans of the aviation sector in both countries.' Shanghai meetings and site visits The visit began in Shanghai, where the delegation conducted high-level meetings and field visits with several leading Chinese aerospace manufacturers, including Commercial Aircraft Corporation of China (COMAC), TCab Tech, AutoFlight, and CETC LES. Exploring cutting-edge aviation manufacturing The UAE delegation, comprising senior representatives from GCAA, Abu Dhabi Investment Office, EDGE, and Ras Al Khaimah Department of Civil Aviation, explored the latest developments in aviation manufacturing. Tour of COMAC and strategic discussions Al Suwaidi also toured COMAC's production facilities and met with Shen Bo, Vice Chairman of COMAC, in a high-level discussion that reviewed the company's forward-looking plans and explored joint industrial opportunities. Beijing talks on regulation and systems alignment The final two days of the visit were held in Beijing, where senior officials from the UAE and China's Civil Aviation Administration (CAAC) and Air Traffic Management Bureau (ATMB) convened to discuss regulatory alignment, certification systems, maintenance cooperation, air navigation services, and institutional development. High-level meeting concludes visit The visit concluded with a high-level meeting between Saif Al Suwaidi and his Chinese counterpart, Song Zhiyong, Administrator of CAAC, attended by senior diplomatic representatives from the UAE Embassy in China. Shared vision for future aviation growth Both sides reiterated their shared commitment to deepening aviation ties and outlined a mutual vision for future cooperation in the civil aviation sector.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store