Jewel was from the collection of Queen Nazli, former queen mother of Egypt.
1-carat RAPI sees its first increase in 15 months.
Supply cuts, tariffs and price corrections have created a complex inventory picture ahead of the US holiday season.
Reforms could help country compete as trading center.
1 ct. RAPI flat in July, breaking negative streak.
Seller hopes to finalize deal by year’s end.
Company sale “advancing,” says Anglo American.
Gareth Penny-led consortium would pay $750 million up front, Bloomberg says.
Boucheron and Pomellato drive 15% revenue jump.
Increase in first-half average price offsets decline in volume.
A crucial change to GIA grading reports could restore confidence among the trade and consumers.