Over 500 exhibitors in the gem and jewellery industry gathered in Sharjah for the 47th Watch and Jewellery Middle East show. The show was held from October 1 to 5 at Expo Centre Sharjah and inaugurated by Shaikh Abdullah Bin Salem Bin Sultan Al Qasimi, Deputy Ruler of Sharjah. A highlight of the event this year was a Guinness World Record-holding ring, which is studded with 7,777 pieces of diamonds. It was not on sale, but it has an estimated value of $4.9 million (Dh17.9 million). According to the figures from the Federal Customs Authority, the UAE’s trade in gold and precious stone has been on the rise.