
Ultra-Rare Mediterranean Blue Diamond to Be Unveiled in Abu Dhabi
Mar 22, 2025
The Mediterranean Blue, an ultra-rare 10.03-carat blue diamond, will make its global debut in Abu Dhabi on April 8th before heading to auction. The unveiling will take place at the Bassam Freiha Art Foundation in the Saadiyat Island Cultural District, marking the first time the public will be able to view the gemstone.
Sotheby's, which will auction the Mediterranean Blue at its High Jewellery Sale in Geneva on May 13th, has classified the diamond as Type IIb—a category representing less than 0.5% of all diamonds. This classification places it among the world's most exclusive gemstones.
Following its initial exhibition in Abu Dhabi, the Mediterranean Blue will embark on a world tour, with stops in Taipei, Hong Kong and New York, before its final auction in Geneva.
The diamond was discovered in 2023 at South Africa's Cullinan Mine, a site renowned for producing some of the world's most valuable blue diamonds. Other notable discoveries from Cullinan include the Blue Moon of Josephine, a 12.03-carat vivid blue diamond that sold for USD 48.5 million at Sotheby's in 2015, and the De Beers Blue, a 15.10-carat step-cut vivid blue diamond that fetched USD 57.5 million in 2022.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CairoScene
7 hours ago
- CairoScene
World's Highest Home in Burj Khalifa Listed for USD 51 Million
The world's highest residential property, located in Dubai's iconic Burj Khalifa, has hit the luxury market. Jan 31, 2025 The world's highest residential property has officially hit the luxury real estate market in Dubai. Located in the iconic Burj Khalifa, this lavish two-floor apartment sits at a staggering 460 meters (1,509 feet) above ground, offering surreal views of the entire city and making it one of the most unique properties in the world. Priced at USD 51 million, the apartment also requires an additional USD 4.9 million (AED 18.3 million) for renovations.


CairoScene
20 hours ago
- CairoScene
8.7 Million Tourists Visited Egypt in the First Half of 2025
Tourism revenues reached USD 12.5 billion from July 2024 to March 2025, reflecting a 15.4 percent increase from the previous year. Jul 31, 2025 Egypt welcomed 8.7 million tourists between January and June 2025, a 24% jump on the same period last year. From January to May alone, arrivals rose 26 percent year‑on‑year, with the first quarter accounting for 3.9 million visitors. Riding that momentum, officials are now targeting 17.5‑18 million arrivals for all of 2025, buoyed by strong demand from European and Arab markets, according to the Ministry of Tourism and Antiquities. Tourism revenue reached USD 15.3 billion in 2024. Between July 2024 and March 2025, the sector generated USD 12.5 billion, up 15.4 percent year‑on‑year. The surge is driven by longer stays and higher spending per visitor, according to the ministry's statement.


See - Sada Elbalad
a day ago
- See - Sada Elbalad
Egypt, Ukraine Deepen Agricultural Cooperation to Boost Grain, Oil Exports
Nada Mustafa On July 30, the Ambassador of Ukraine to the Arab Republic of Egypt, Mykola Nahornyi, held a meeting with the senior management of Egypt's National Agency for Strategic Procurement and Sustainable Development – Mostakbal Misr. During the substantive discussion, both sides reviewed the current state and future prospects of cooperation between the two countries, particularly in the context of increasing Ukrainian agricultural exports to Egypt — notably grain and sunflower oil. A set of specific steps was endorsed for implementation in the near future to achieve the shared ambitious goals. Egypt remains Ukraine's largest trading partner in the Middle East and North Africa (MENA) region. In the first half of 2025, bilateral trade reached USD 947.9 million, including USD 776.5 million in Ukrainian exports — primarily wheat (1.31 million tons), corn (1.06 million tons), and soybeans (0.36 million tons). Ukraine continues to play a vital role in ensuring global food security and reaffirms its commitment to supporting stable deliveries of high-quality agricultural products to the Egyptian market — both through private agribusinesses and in cooperation with governmental institutions, including Mostakbal Misr. The agreed measures aim not only to expand trade volumes, but also to provide the efficiency, timeliness, and transparency of logistical processes. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani Sports Get to Know 2025 WWE Evolution Results