StageTake Private | Alive
About Fura Gems
Fura Gems is a colored gemstone mining and marketing company. It is listed on the Toronto Stock Exchange (FURA.V). Its emeralds are mined in Colombia and Rubies in Mozambique.
Missing: Fura Gems's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Fura Gems's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Latest Fura Gems News
May 23, 2023
The UAE witnessed a strong 17% year-on-year increase in the value of diamonds traded in 2022 Tariq Al Fahaam, WAM (Emirates News Agency) May 23, 2023 DUBAI: DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has hosted the unveiling of two extraordinary gemstones at its Dubai Diamond Exchange (DDE). The gems were unveiled by Sotheby’s and will be available at auction in New York on 8 June. The gemstones were: • The Estrela de FURA – a 55.22 carat stone that, due to being the largest and most valuable ruby to ever appear at auction, is expected to command in excess of USD 30 million. DMCC’s DDE hosted the unveiling of the rough Estrela de FURA stone in September 2022. • The Eternal Pink – the most vivid pink diamond to come to market, estimated to fetch in excess of USD 35 million. The UAE witnessed a strong 17% year-on-year increase in the value of diamonds traded in 2022, totalling USD 37.4 billion combined for rough and polished diamonds. This was driven by a 42% rise in the polished category and maintaining a solid growth trajectory through a 7% rise in rough. Building upon its status as a leading global hub for the trade of rough and polished diamonds, Dubai is now looking to add further value to the coloured gemstone industry. Most recently, the DDE has hosted tenders with leading coloured gemstone companies including Belmont Group, Bonas & Co., Fura Gems and Grizzley Mining Company. Feryal Ahmadi, Chief Operating Officer, DMCC, said: “As one of the world’s largest trade hubs for precious stones, there is no better place than Dubai to unveil these exquisite stones. The emirate’s leading role in diamonds has been firmly established, and in hosting a range of coloured gemstone tenders so far this year, we are taking concrete steps that will position Dubai in a similar vein within the coloured industry as well. We are delighted to work with Sotheby’s once again to present these two marvels to the world at the Dubai Diamond Exchange.” Katia Nounou Boueiz, Head of Sotheby’s UAE, added: “We are honoured that Dubai has been chosen to display these exceptional rarities in our galleries, and to continue to make Sotheby’s Dubai the leading showcase in the Middle East for the world’s rarest and most valuable diamonds and gemstones. After being unveiled in Dubai last autumn as an astonishing 101 carat rough, it is especially thrilling to see Estrela de FURA 55.22 in its newly crafted state and return triumphantly to the DMCC as the world’s largest and most valuable ruby to ever come to market. Exhibiting these one-of-a-kind stones – both in our DIFC gallery and at the unparalleled Dubai Diamond Exchange – is a clear continuation of our dedication to showcasing the best of the best in the UAE.” Dev Shetty, Founder and CEO, Fura Gems, said: “In connecting East and West, Dubai has offered Fura Gems the perfect platform to access global markets. The emirate’s precious stone trade infrastructure has been invaluable to us as we build our status as a premier supplier of coloured gemstones for the global industry. We are also delighted to work with Sotheby’s in bringing the magnificent Estrela de FURA ruby to the world.” With the ability to host multiple tenders simultaneously, the DDE’s 41 rooms are in constant use during the cyclical tender periods throughout the year. An average of 100 to 150 companies attend each tender, creating an optimal environment for both buying and selling rough and polished diamonds. The DDE currently has over 1,200 member companies. Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here . DISCOVER MORE
Fura Gems Frequently Asked Questions (FAQ)
Where is Fura Gems's headquarters?
Fura Gems's headquarters is located at 1501 Burjuman Business Tower, Dubai.
What is Fura Gems's latest funding round?
Fura Gems's latest funding round is Take Private.
Who are the investors of Fura Gems?
Investors of Fura Gems include Lord of Seven Hills Holdings FZE.
Who are Fura Gems's competitors?
Competitors of Fura Gems include Diamond Standard and 4 more.
Compare Fura Gems to Competitors
Gemfields is a specialist in mining and marketing of colored emerald, ruby, and amethyst gemstones. It is based in London, England.
Lazare Kaplan International cuts, polishes and sells diamonds. It sells diamonds to retail jewelers internationally under the brand name Lazare Diamonds. It also sells diamonds through wholesalers and distributors. It is based in New York City, New York.
Alpine Green supplies polished Colombian emeralds. It supplies emeralds to jewelers, craftsmen, and private clients. The company was formerly known as IEEX Emeralds. It is based in Bogota, Colombia.
Nivoda provides a marketplace for buying and selling diamonds. It retails diamonds across different sellers. Nivoda was formerly known as World Gem Centre. The company was founded in 2017 and is based in London, U.K.
Vestiaire Collective owns and operates an online platform that allows users to buy and sell pre-owned luxury fashion products. The company’s platform allows users to buy and sell shoes, clothing, accessories, jewelry, bags, and watches for men, women, boys, and girls. It also lists lifestyle products such as design and decoration, arts and culture, sports and leisure, and high-tech products, as well as pet accessories. Vestiaire Collective was founded in 2009 and is based in Paris, France.
Diamondere.com is a made-to-order fine jewelry e-commerce platform built on a 122 year old family legacy. In the past, the family used to make jewelry made-to-order for the Royals, celebrities, and dignitaries. Through the platform, a customer can personalize and buy jewelry seamlessly online. It is vertically integrated with in-house designing and manufacturing. Diamondere eliminates middlemen and ship directly to the consumer, resulting in 30-75% lower prices than traditional retail.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.