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UAE’s non-oil trade jumps 3.2% to reach Dh401 billion in Q1 2017; GJEPC welcomes increase in De Beers’ marketing spend; Baume & Mercier celebrates Clifton Club collection
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Market News
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UAE’s non-oil trade jumps 3.2% to reach Dh401 billion in Q1 2017.
The value of the UAE’s non-oil trade reached Dh401 billion in the first quarter of 2017, up 3.2 per cent compared to the Dh388 billion recorded in the same quarter of 2016.
According to data from the Federal Customs Authority (FCA), non-oil exports in the first quarter reached Dh46 billion, accounting for just 11.5 per cent of the UAE’s total trade values.
The UAE’s trade partners remained unchanged compared to last year, with Asia and the Pacific being the country’s top trade partner. Trade with Asia and Pacific accounted for 43 per cent of the UAE’s total trade values.
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Company News
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GJEPC welcomes increase in De Beers’ marketing spend.
Gems and Jewellery Export Promotion Council (GJEPC) Chairman Mr. Praveenshankar Pandya, welcomed the decision of the world’s leading diamond company, De Beers, to increase its current year marketing spend to USD 140 mn in key markets of the US, India and China. De Beers is also increasing its partnership marketing with GJEPC and the Diamond Producers Association (DPA). |
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Baume & Mercier celebrates Clifton Club collection.
In celebration of Baume & Mercier’s newly launched Clifton Club Collection, the Swiss watchmaking Maison was the official sponsor of the first annual Wheels & Waves California event held in Cayucos at the Swallow Creek Ranch. |
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Product Launch
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Montblanc presents Bohème ExoTourbillon Jewellery Motif Serpent.
Montblanc unveils the Montblanc Bohème ExoTourbillon Jewellery Motif Serpent Limited Edition to 18 piecies, in harmonious shades of purple. Each dial is a work of art enhancing traditional decoration, such as gem-setting, miniature gold-work and hand-painted lacquer all on a delicate backdrop of white mother-of-pearl. The cases feature slightly curved faceted horns, sculpted onion crowns, and bezels set with sparkling diamonds, fitted with a matching purple alligator strap with large scales and an 18K gold pin buckle set with a diamond. |
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Tiffany & Co. introduces the newest watches to join CT60 men’s collection.
The DLC models include a Chronograph and a Three-Hand design; both feature stainless steel cases paired with NATO straps. A unique diamond-like carbon coating gives the case its dark look. The 40mm CT60 Three-Hand is powered by a Sellita self-winding mechanical movement that can be viewed via the sapphire display case back. The CT60 Chronograph, on the other hand, features a 42mm case, and a La Joux-Perret self-winding chronograph movement that gives the watch 42 hours of power reserve. |
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Czapek unveils Quai des Bergues Guilloché watch.
The Quai des Bergues Guilloché watch in Aqua Blue bombé “Guilloché Main” dial is in a special gold, silver, palladium and platinum alloy. Unique and Exclusive Czapek “Ricochet” guilloché design inspired by a Czapek Guilloché of the 1850’s. Two-tone “Patiné” Alligator strap with XO steel buckle. |
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Suzanne Kalan shines at Harvey Nichols – Dubai and Bloomingdale’s
The Suzanne Kalan collection featuring a wide range of vibrant precious and semi-precious gemstones will be on display at the upscale Harvey Nichols and Bloomingdale’s in Dubai. Suzanne developed the Vitrine concept, which means “showcase” in French. Custom cutting gemstones flat on top and bottom to reveal a classic diamond panel behind the stone. |
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Cartier presents Résonances de Cartier.
Cartier’s high Jewellery collection resounds with the collective sparkle of the finest precious stones and gems selected for their distinctive character. The twisting light bracelet is in white gold two G SII/S12 triangular-shaped diamonds. |
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Exhibitions & Events
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Mideast Watch & Jewellery to start in October 2017.
The 43rd Mideast Watch & Jewellery show to be held from October 3rd to 7th 2017 with the support of the Sharjah Chamber of Commerce and Industry. The show will feature hundreds of exhibitors and brands from across the world. |
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Celebrity News
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Valentino Garavani wears Bulgari’s iconic Octo Finissimo Small Seconds wristwatch.
Italian fashion designer and founder of the Valentino brand, Valentino Garavani wears Bulgari’s iconic Octo Finissimo Small Seconds wristwatch. |
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Stars shine in Chopard jewellery for the 74th Venice International Film Festival.
American Actress Amanda Seyfried wears 18ct white gold pair of earrings from the Temptations Collection set. Brazilian Model Isabeli Fontana dazzled on the red carpet of the ‘The Shape of Water’ Premiere in a pair of earrings in 18ct white gold and titanium set with two carved jadeites, and fancy-cut emeralds and sapphires from the Silk Road Collection. Brazilian Model Izabel Goulart wears an 18ct white gold pair of earrings from the Precious Collection.
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Praya LUNDBERG dazzles with de GRISOGONO jewellery.
Actress and Goodwill Ambassador of the United Nations Refugee Agency (UNHCR) Praya LUNDBERG wears pink gold GOCCE earrings set with brown and white diamonds, teamed with a pink gold bracelet from the ALLEGRA collection set with white diamonds from de GRISOGONO. |
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