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DUBAI, UAE • VOL. XII • NO. 4,182
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Events & Happenings • Historical Editorial Archive

Unique 103.49 Carat Diamond Unveiled at Dubai Diamond Conference

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By Dubai Times Staff • Edition: Dubai Times Archive (May 2022)
Dubai Times Historical Archive • 2022 Edition

This dispatch is preserved in the Dubai Times Editorial Archive for historical and commercial reference. Explore our latest 2026 UAE coverage below.

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Key Highlights • In A Nutshell
  • Key Development: The Dubai-based Stargems Group has chosen to unveil a “one-of-a-kind” 103.49-carat polished diamond at the recently concluded Dubai Diamond Conference.
  • Core Focus: The D-Flawless, Type II-A, emerald cut diamond, dubbed “The Light of Africa”, was cut from a 299.3-carat rough diamond unearthed from the Cullinan mine in South Africa by Petra Diamonds.
  • Operational Scope: It was acquired by Stargems Group last year.
Unique 103.49 Carat Diamond Unveiled at Dubai Diamond Conference

Unique 103.49 Carat Diamond Unveiled at Dubai Diamond Conference. (Source: Dubai Times Archives)

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UAE Automotive & Re-Export Fact: Dubai is one of the world’s top automotive re-export hubs, handling over AED 45 billion in auto spare parts and vehicle trade annually through JAFZA and Dubai Auto Zone (DAZ).

The Dubai-based Stargems Group has chosen to unveil a “one-of-a-kind” 103.49-carat polished diamond at the recently concluded Dubai Diamond Conference. The D-Flawless, Type II-A, emerald cut diamond, dubbed “The Light of Africa”, was cut from a 299.3-carat rough diamond unearthed from the Cullinan mine in South Africa by Petra Diamonds. It was acquired by Stargems Group last year.

According to Stargems, the newly cut stone “inspires awe at sight, catching and reflecting light for mesmerizing effect.” StargemsGroup Chairman, Shailesh Javeri commented that “acquiring the rough stone from Petra Diamonds last year was a significant achievement for us”.

History of Light of Africa Diamond

A rare rough diamond was unearthed from the Cullinan mine in South Africa by Petra Diamonds. That gemstone was cut from a 299.3-carat rough stone and acquired by Stargems Group last year. Stargems Group chose to reveal this one-of-a-kind 103.49-carat polished diamond at the prestigious Dubai Diamond Conference, held in the iconic Atlantis, Palm Jumeirah. This Dubai-based Group, has a legacy of over 40 years in the diamond industry and holds prominence in manufacturing, wholesaling, retailing, and tendering of diamonds.

The unique gemstone is a D-Flawless, Type II-A, emerald cut diamond and inspires awe at sight, catching and reflecting light for mesmerising effect.

Type II A diamonds are one of the world’s most rare and highest valued diamonds, representing only 1-2% of all mined diamonds in the world due to their purity and rarity.

The Cullinan Mine has a rich history of producing the world’s largest and highest quality stones, including Type II stones. This legacy, paired with the expert craftsmanship of the Stargems diamond cutters, has given rise to a precious and unparalleled gemstone set to make waves in the industry.

The Dubai Diamond Conference, bringing together the world’s most notable industry leaders, provided the perfect opportunity to showcase the exquisite stone. The international conference was held under the theme "The Future of Diamonds", addressed market trends, insights, and the resilience of the diamond in challenging economic conditions. Ahmed Bin Sulayem, Executive Chairman, and CEO, DMCC, attended and opened the event, which sold out to an audience of 800 attendees.

Stargems Group Chairman, Shailesh Javeri commented: “Acquiring the rough stone from Petra Diamonds last year was a significant achievement for us and it is an honour to unveil the polished diamond here at the Dubai Diamond Conference. It gives us enormous pride that the polished diamond was cut and polished in its birthplace of South Africa.

"StargemsPTY,a beneficiation license holder, is deeply invested in developing the skills of its employees. With high-quality tools, state-of-the-art equipment, and hands-on training, Stargems PTY ensures its proficiency in all areas of the rough beneficiation process to deliver an outstanding finished product. At StargemsGroup, our motto is ‘Growing Together with Transparency’ and the unveiling of this diamond represents our commitment to this as we continue to set new standards while upholding our core values in the dynamic fine diamond manufacturing industry.”



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Reported by: Dubai Times Editorial Bureau

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