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DGCX records ‘most successful year’; Watches & Wonders Geneva celebrates watchmaking's finest talent; UAE proposed six-month stay for five-year visa holders
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Market News
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DGCX records ‘most successful year’
According to the Dubai Gold & Commodities Exchange (DGCX), it saw record levels of volume and value of deals traded on the bourse in 2019, calling it the ‘most successful year since launch’. The bourse traded more than 23.06 million deals during the last 12 months, beating the 22.26 million contracts recorded in 2018, as more investors turned to commodities as a hedge against uncertainty last year. The bourse said it also cleared over $866 billion in notional value and recorded its highest annual average open interest (AOI), with 324,803 contracts, up from the 284,736 contracts registered in 2018. |
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Watches & Wonders Geneva celebrates watchmaking's finest talent
From April 25th to 29th 2020, the leading names in Fine Watchmaking will be in Geneva for the 30th edition of SIHH which becomes Watches & Wonders Geneva. This new format welcomes 31 watch brands including MB&F and H. Moser & Cie. They join the Historic Maisons after four years as part of the Carré des Horlogers, which continues to spotlight the most talented independent watchmakers and in 2020 sees the arrival of five new brands. The new format of Watches & Wonders Geneva enables watchmaking's foremost representatives to address not only their core audience of retailers, journalists, selected customers and partners, but also a wider audience of people who appreciate beautiful objects and recognise the exceptional skills and expertise that compose every Fine Watch. |
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UAE proposed six-month stay for five-year visa holders
UAE has recently announced that it will be introducing a 5-year tourist visa. Holders of the new five-year multiple-entry tourist visa may be allowed to stay for six months at a stretch. According to the report, that while details of the new five-year validity tourist visa will be announced soon, it is being proposed that the visa will allow visitors to stay for up to six months on every entry within the span of five-year validity. About the eligibility of getting the new visa, the terms and conditions for getting the five-year visa will remain the same as those in place for all other types of tourist visas. |
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Company News
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Kering’s brands donates to support the fight against Australia’s bushfire
In response to the bushfire crisis in Australia, the Kering family of brands is coming together to support the efforts of the Australian people to fight the wildfires. Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ulysse Nardin and Girard-Perregaux will together donate a total of 1 million Australian dollars as an immediate contribution. These funds will be provided to the most appropriate local organizations selected by the Group's sustainability experts. Additional initiatives will also be undertaken by various brands in solidarity with the Australian people. |
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Ulysse Nardin becomes the first luxury manufacturer to deploy blockchain certification to all its collections
Dedicated to providing a cutting-edge technology service and significantly improving its customers’ user experience, Ulysse Nardin is the first luxury manufacturer to deploy blockchain certification to all its collections. Remember that blockchain is a technology that can be used to store and transmit information or transactions. It is a global digital database shared among multiple users that can, at any time, using a cryptographic system, verify the validity of information, add data and record a transaction. Ulysse Nardin’s approach used here is to store the “digital signature” of all PDF warranty certificates in the form of a “hash” – i.e. an encrypted string of characters – on the Bitcoin blockchain. |
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Richard Mille partners with the Saudi Polo Federation for the first Desert Polo Tournament
Richard Mille has announced its partnership with the Saudi Polo Federation as the Kingdom prepares to host its first Desert Polo tournament at the spectacular AlUla UNESCO world heritage site. The event, which takes place on January 16-18 as part of the Winter at Tantora festival, will witness top international polo players competing in an adrenaline-packed game set against a stunning backdrop of the breathtaking AlUla canyons. Organized by the Royal Commission for AlUla in partnership with the Saudi Polo Federation, Desert Polo is the first modern polo tournament in the world to be staged in a desert environment. As one of the long-term supporters of this prestigious sport, Richard Mille will be the official timekeeper of the exclusive two-day event. |
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Product Launch
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The TAG Heuer Autavia
The TAG Heuer Autavia collection takes inspiration from the original Autavia models of the mid-1900s to appeal to a new generation of explorers who seek adventure-ready design and high-precision timekeeping. Drawing inspiration from the original design, which was valued by both drivers and pilots, the new Autavia models offer quality, precision and timeless style. Seven models make up the sporty Autavia collection – five in sleek stainless steel and two in noble bronze. Wearers can choose from a range of strap options and thanks to their innovative easy-change system, they can switch from leather to metal or fabric on the go. |
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H. Moser & Cie. presents the Streamliner Flyback Chronograph Automatic
H. Moser & Cie. is entering 2020 with a creation certain to make an impact! A new line, a new case, a new integrated bracelet, a new movement, a new dial, and new hands... Everything is new, everything is different, yet everything is Moser. The Streamliner Flyback Chronograph Automatic model is a form watch, with a steel cushion case 42.3 mm in diameter. With dynamic water resistance to 12 ATM, the chronograph function of the Streamliner Flyback Chronograph Automatic can be used underwater. Its off-centre crown, adorned with an "M", balances the two chronograph push-buttons set at 10 and 2 o'clock. Designed as a truly sculptural piece, this case boasts harmonious proportions and beautiful aerodynamics.
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Romeo & Juliet collection by Van Cleef & Arpels
William Shakespeare’s legendary masterpiece Romeo and Juliet has inspired Van Cleef & Arpels’ new themed collection, in which the language of love encounters that of gems. The young lovers’ destiny plays out in a Verona of precious stones, in which emerald gardens and flamboyant ramparts shelter their secrets. Imbued with the style of the Italian Renaissance, virtuoso creations translate this eternal passion into High Jewelry. In over 100 unique pieces ranging from the figurative to the abstract, the new High Jewelry collection offers a brand new vision of Romeo and Juliet, based closely on Shakespeare’s 1597 tragedy. The story is told both through the main characters and the context and setting for their love.
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Al Zain launches the Al Hilal Collection
Al Zain has launched its new exquisite collection, Al Hilal. Meaning Crescent and paying a tribute to the moon and its shapes, the collection brings together necklaces, bracelets, bangles, rings and earrings. Hand-crafted in 18K yellow and rose gold and featuring a variety of colored stones, including Lapis, Malachite and Mother of Pearl all studded with diamonds. The collection is available in a range of long necklaces, adjustable chokers, bracelets and rings celebrating the moon. Customers can use individual pieces or mix and match elements to create a unique, eye-catching combination.
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Exhibitions & Events
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Oman marks its presence at the International VICENZAORO Fair
The Gulf Institute of Gemology which recently opened its doors in the Sultanate of Oman, a one of its kind institute in the region, will be present at delegation capacity at the international event of the year. The Vicenzaoro Fair is the international event of reference for the gold and jewelry industry, hosting delegations from all over the world. CEO of GIG Fabio D’Amico will be attending the fair as delegation representing Oman. D’Amico a highly skilled gemologist with years of experience working with gems, in the past he has worked as ‘Manager of Education’ for the worlds famed gemology authority, the Gemological Institute of America. |
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IIJS Signature 2020 to feature special Design Pavilion
The 13th edition of IIJS Signature 2020 will be held from February 13th-16th at Bombay Exhibition Centre, Mumbai. The IIJS Signature platform will also be known for giving exposure to the new comers in the industry. This year, IIJS Signature has a special Design Pavilion, which will feature the works of nine hand-picked women entrepreneurs and nine budding jewellery designers. The platform will be a great experience for our designers and entrepreneurs to network and meet buyers from India and abroad. This will also give them an understanding on the expectations of different buyers. |
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Vintage watches and jewellery: IEG launches VO VINTAGE
Just a few days still to go to VO VINTAGE, the new and exclusive event with legendary and extremely rare examples from the history of watches and jewellery and the most authoritative experts in the sector, scheduled to take place from Saturday 18th to Monday 20th January and organized by Italian Exhibition Group (IEG) at Vicenza Expo Centre as part of Vicenzaoro January 2020. Entirely dedicated to the collector segment with unique vintage watch and jewellery items and rarities, VO VINTAGE is the first event on the national and foreign trade show scene which summons the community of collectors and enthusiasts from all over the planet to Vicenza. |
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