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Dubai's GDP grows 2.8% at Dh389.4 billion in 2017; L’ÉCOLE Van Cleef & Arpels reopens in Dubai; U-BOAT opens its Lebanese flagship store in Beirut
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Market News
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Dubai's GDP grows 2.8% at Dh389.4 billion in 2017
Dubai's gross domestic product growth expanded 2.8 per cent to Dh389.4 billion last year against Dh378.8 billion in the previous year on the back of stronger growth in key sectors, according to the Department of Economic Development's (DED) Dubai Economic Report 2018. The UAE economy grew at 0.8 per cent. Dubai’s Trade Openness index of 321 per cent (value of exports, imports and re-exports attributed to GDP) shows that the emirate ranks fourth in the world and first among Gulf and Arab nations. The emirate also ranked fourth among the world’s most visited cities in 2017, attracting 15.8 million visitors, or an annual increase of 6.7 per cent. Together, the visitors spent Dh109 billion in Dubai.
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Company News
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L’ÉCOLE Van Cleef & Arpels reopens in Dubai
Van Cleef & Arpels announced the return of L’ÉCOLE Van Cleef & Arpels in spring, 2019. L’ÉCOLE Van Cleef & Arpels launched their first Middle East campus in Dubai in November 2017, welcoming over 3000 visitors in three weeks. Following its great success, the nomadic school will set up campus in In5 at Hai d3, from 28th March to the 13th April, 2019. Aimed at initiating the public into the very secretive worlds of jewelry, the two weeks program will present an expressive journey through educational courses, exhibitions, cinema nights, and evening conversations.
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U-BOAT opens its Lebanese flagship store in Beirut
The new store is precisely in Allenby Street where all the other high-end and jewellery boutiques are located. Italo Fontana cut the ribbon of the U-BOAT boutique. The flagship store according to Italo Fontana is not only positioned in a strategic capital from the commercial point of view but more important on a cultural level, a bridge between different worlds and cultures.
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Audemars Piguet unveils ALBEDO at Art Basel in Miami Beach
Audemars Piguet celebrated the unveiling of Albedo, the sustainable, site-specific installation by Berlin-based artist Toma´s Saraceno for Aerocene, during this year’s Art Basel in Miami Beach.
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A Dazzling Red-Carpet Gala celebration to mark Breitling’s Entry into China
Breitling, hosted a dazzling celebration of its entry into the Chinese market with a red-carpet gala night at Beijing’s breathtaking Phoenix Center on November 20, 2018. International movie stars and Breitling Cinema Squad members Brad Pitt and Daniel Wu were on hand to mark the occasion, along with surfer Sally Fitzgibbons and photographer and film-maker Peter Lindbergh.
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Richard Mille opens first Russian boutique on Stoleshnikov Lane
Richard Mille announce the opening of its first dedicated boutique in Russia. It is located on the distinguished Stoleshnikov Lane, in a neighbourhood that hosts some of the most prestigious luxury brands.
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Swiss Exhibitors at Baselworld salute the results achieved for 2019
The announcement of a move to harmonise SIHH and Baselworld dates as of 2020, the Swiss Exhibitors’ Committee is particularly pleased with this synchronisation which is beneficial for the entire Swiss watch industry, as well as with the many changes to look out for in 2019 already. Baselworld's objective was to reinvent itself and be more appealing to all. The challenge has been met and is well on its way to being won.
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GJEPC’s 2nd edition of India Gold & Jewellery Summit
The two-day India Gold & Jewellery summit came to an end. This was the 2nd edition of the event organized by the Government of India Gems & Jewellery promotion body, The Gem & Jewellery Export Promotion Council (GJEPC). The country’s top policy makers, gem & jewellery stakeholders and decision makers got together for the most significant annual Gold & jewellery industry summit which was held at the national capital Delhi on 23-24 November 2018.
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Product Launch
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Ulysse Nardin pays tribute to the UAE’s falconry tradition
Ulysse Nardin, hosted an exquisite evening in the UAE’s desert to exclusively showcase its limited-edition Classic Tourbillon Falcon timepiece. In collaboration with partner Ahmed Seddiqi & Sons, the carefully curated event drew inspiration from the adventurous spirit of the people of the UAE, Equipped with the UN-178 Manufacture movement, the new Classic Tourbillon Falcon is adorned with a dial displaying a faithful reproduction of a falconry scene in the desert at sunrise. The CLASSIC Falcon Tourbillon provides a three-dimensional effect thanks to the thickness of the enamel layer.
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OMEGA's new Seamaster 1948 watches a peaceful use of wartime technology
Between 1940 and 1945, OMEGA delivered more than 110,000 timepieces to the Royal Air Force and other branches of the military. As part of the Seamaster 70th Anniversary celebrations, OMEGA is releasing four limited edition tributes to those early battle-proven timepieces: two stainless steel models and two luxury editions in platinum. All four watches are driven by METAS-certified Master Chronometer movements, tested at the industry's highest level and resistant to magnetic fields of 15,000 gauss.
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Carl F. Bucherer presents time for enchanting moments
The Manero Tourbillon DoublePeripheral is a stylish and exclusive men’s watch featuring the globally unique CFB T3000 manufacture movement. The movement is framed by a classic round 43 mm case made from 18-karat rose gold with a brown alliga- tor-leather strap. The coloring of the lancet-shaped hands and rose gold indices corresponds perfectly with the 43 mm case, for magical moments of romance.
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Celebrity News
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Amy Adams shines in BVLGARI for the 2018 SFFILM Awards
Golden Globe winning actress Amy Adams shines in BVLGARI during Monday night’s 2018 SFFILM Awards in San Francisco. She wore iconic Serpenti in pink gold, selecting a necklace, earrings and matching rings.
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Julianne Moore wears Chopard to the "L'Oréal Paris Women of Worth Celebration"
Julianne Moore attended the L'Oréal Paris Women of Worth Celebration in New York City wearing jewelry by Chopard. Julianne Moore shined in a pair of earrings featuring 21.21-carats of tsavorite garnets and 11.96-carats of colored diamonds set in 18k yellow gold and titanium from the “Haute Joaillerie Collection”.
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Sara Sampaio shine in Messika at British Fashion Awards in London
The beautiful Victoria’s Secret model Sara Sampaio shine with Messika Roaring Diamond earrings from the 'Paris est une Fête' High Jewelry collection, the Glam’Azone cuff, and the My Twin Trio ring at The British Fashion Awards in London.
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