Two of world’s likely largest rubies in Dubai

A Dubai company is holding quite a pair of rubies together weighing a staggering 24.38 kilograms and totalling 121,880 carats. Their potential value? Anywhere from $184.8 million.

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“We are still deciding what to do with the rubies — for now, we hold the PoA [power of attorney] over these stones on behalf of the owner, who does not wish to be named,” said Steven Foster, CEO at Dubai-based Blockchain Digital Gold Trading.

“We have put the rubies through all the certification process as well, including from the IGI [International Gemological Institute].