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Largest Ruby ‘Fura Star’ Fetches Record-Breaking $34.8 Million at New York Auction

The remarkable “Fura Star,” a 55.22-carat ruby discovered in a Mozambique mine operated by Dubai-based company Fura, captivated buyers at Sotheby’s Auction House in New York. With a starting price of $21 million, the dazzling gem achieved a staggering record sale of $34.8 million, making it the most valuable ruby ever sold at auction. Sotheby’s described the gem as a truly unique and extraordinary find. Another highlight of the auction was the sale of “The Eternal Pink,” a vibrant 10.57-carat purple-pink diamond mined in Botswana. Also reaching a record-breaking price of $34.8 million, the diamond set a new benchmark within its color category

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Indian Tejas Fighter Jet Crashes at Dubai Airshow, Killing Pilot

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India’s domestically built HAL Tejas fighter jet crashed during a demonstration flight at the Dubai Airshow in the UAE, killing the pilot. The aircraft burst into flames moments after takeoff.

The Indian Air Force confirmed the pilot’s death, and an investigation is underway. The cause of the crash is still unknown. This is the second reported crash involving a General Electric-powered Tejas aircraft, following an incident during a 2024 exercise in India.

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