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The UAE’s economy expanded by 3.4% in the first quarter of 2024; Breitling opens new boutique in Roshn Front Riyadh
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Market News
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The UAE’s economy expanded by 3.4% in the first quarter of 2024
The UAE’s economy grew 3.4 per cent year-on-year in the first quarter of 2024 to reach $117.1bn (Dhs430bn), according to the Federal Competitiveness and Statistics Centre, with non-oil GDP growing 4 per cent YoY during the period under review. “The country adopted an innovative economic model that supports its future vision, along with effective national economic strategies, enhancing openness to the world, promoting partnerships, and transitioning towards an economic model based on flexibility and innovation,” Abdulla bin Touq Al Marri, the UAE Minister of Economy said in a statement. The preliminary data from the statistics authority shows that financial and insurance, trade activities and manufacturing were among the biggest contributors to non-oil GDP. |
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Bvlgari and six new independent watchmakers to participate in Watches and Wonders Geneva 2025
The 2025 edition of the largest watchmaking Salon ever held in Geneva is just around the corner. No fewer than 60 exhibiting brands - including 7 newcomers - will welcome retailers, journalists and professionals from around the world for the first 4 days before opening the doors to the general public from April 5 to 7. It will be the occasion for Geneva to shine as the world capital of watchmaking, as the industry's key players come together next spring. Prestigious names, such as Bulgari, along with independent brands - Christiaan van der Klaauw, Genus, Kross Studio, MeisterSinger, while welcoming back Armin Strom and HYT - will gather together in a specially redesigned setting. |
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Company News
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Breitling opens new boutique in Roshn Front Riyadh
Breitling Middle East has announced the opening of its Riyadh Front Boutique, located at Roshn Front, making it the fifth Breitling boutique in the Kingdom of Saudi Arabia. Reflecting the brand’s signature industrial-loft concept, the 168m² boutique is the latest retail space to designed to incorporate the brand’s long impressive heritage with a relaxed and inclusive retail experience. Guests can also experience the region’s first-ever outdoor terrace lounge, a 72m² extension of the boutique, which offers a relaxing, by-the-beach vibe to lounge and enjoy refreshments. Breitling’s modern-retro design values are brought to life through vintage decor and artwork, streamlined with contemporary design elements.
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Azza Fahmy debuts its first store in Saudi Arabia in partnership with Attar United
Azza Fahmy has recently announced the grand opening of its first flagship store in Saudi Arabia, situated at Kingdom Mall in Riyadh. This significant milestone is further highlighted by a partnership with Attar United, a leading luxury retailer with 14 years of experience in the industry, renowned for their prestigious collaborations with high-profile brands. The event, a tribute to the brand’s 55-year legacy, was a lavish celebration of Egyptian culture and heritage, featuring distinguished guests from various fields including members of the Azza Fahmy and Attar families, renowned actresses Youssra, Hend Sabry, and Fatima Al Banawi. The grand opening of Azza Fahmy’s boutique at Kingdom Mall offered attendees an exclusive preview of the brand’s new store concept and visual identity. |
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Product Launch
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TAG Heuer launches Limited Edition watches in celebration of Saudi Arabia's National Day
In honor and celebration of Saudi National Day, TAG Heuer launches two exclusive timepieces: the Carrera Day Date KSA Limited Edition 41mm and Carrera Date KSA Limited Edition 29mm. To celebrate the launch, a captivating illustrative campaign highlights the two timepieces, featuring a green veil flowing around Saudi landmarks. The TAG Heuer Carrera KSA Limited Edition captures the essence of time against the Kingdom's iconic monuments and landscapes. The 41mm TAG Heuer Carrera Day Date KSA Limited Edition, limited to 100 pieces, features a green sunray dial with Arabic numerals, day/date display, and "Saudi" at 6 o’clock. Powered by the Calibre 5 movement, it has a polished steel case and bracelet. The 29mm version, limited to 50 pieces, has a green dial with 18K rose-gold-plated numerals, "Saudi" at 6 o’clock, and is powered by the Calibre 9, combining steel and rose gold for a timeless design. |
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Presenting the DATOGRAPH HANDWERKSKUNST by A. Lange & Sohne
Following the relaunch of the brand, A. Lange & Söhne presented their first chronograph, the DATOGRAPH, 25 years ago. In the latest model, the unique alliance of technical complexity and expressive design is enriched with further exceptional elements, created by the artisanal finishers’ hands. The limited HANDWERKSKUNST edition boasts rare and exceedingly sophisticated dial and movement decorations. The black-rhodiumed main dial as well as the rhodiumed, light-grey totalisers of the DATOGRAPH HANDWERKSKUNST feature an ornate tremblage engraving, resulting in a three-dimensional structure with subtle light reflexions. For this technique, the engraver uses a specially crafted lining burin to create a fine-grained surface.
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Introducing Le Régulateur Louis Erard X Kudoke
Louis Erard X Kudoke’s limited series offers a minimalist design: hours, minutes, seconds. Framed by a 42 mm polished stainless-steel case, the dial features KUDOKE’s distinctive watchface elements. The railway-track chapter ring, two counter rings as well as the “LOUIS ERARD” and “KUDOKE” nameplates are satin-finished and rhodium-plated. The “12 o’clock” counter is adorned with a “Clous de Paris” hobnail pattern, a ring bearing Roman numerals counter and the iconic infinity-shaped hours hand, while all hands are in blued steel. The lower part of the dial has a grained finish for a frosted effect and comes in three different colors: purple (limited to 78), forest green (100), light blue (100); while the fourth variation is a collector alert with its white mother-of-pearl dial (78). |
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Bell & Ross presents BR-03 Horizon
With the new BR-03 Horizon, Bell & Ross transposes one of the most iconic flight instruments from an aircraft's dashboard onto the wrist. Essential for pilots, the artificial horizon allows spatial orientation. Original and playful, this watch, limited to 999 pieces, with a unique aesthetic, completes the collection of concept watches directly inspired by onboard instrumentation. The upper part, blue, represents the sky, while the lower part, dark, symbolizes the earth. In the center, the aircraft appears schematically with its wings represented by two red lines. The outer dial graduation indicates the aircraft's lateral tilt angle, while the center one shows the pitch. Combining the round and the square, the identity shape of the House, the BR-03 Horizon replicates the design of this highly symbolic aeronautical tool present in all cockpits. |
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Exhibitions & Events
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Vicenzaoro September 2024, A Success Beyond Market Uncertainties
Vicenzaoro, Italian Exhibition Group’s international gold, jewellery and watchmaking exhibition, closes on the 10th of September with a repeat performance of the record attendance of September 2023. The international positioning of IEG’s exhibition is confirmed with visitors arriving from a total of 132 different countries at this September edition. The number of visitors from Europe increased to 63.37% (compared to 52% in September last year), led by Spain, France and Germany, while those from Asia and the Middle East reached 21% (17% in 2023). Ten new entries compared to September 2023, including Honduras, Tajikistan and Tanzania. Moreover, VO'Clock Privé confirmed its standing as a unique format in Italy for opening up the world of watches to the public. |
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Celebrity News
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Ashley Park shines in Bvlgari at the Emily in Paris Premiere in Rome
Actress Ashley Park shines in a magnificent Bvlgari Serpenti Viper necklace, paired with Serpenti Viper rings and earrings to complete the look; while attending the Rome Premiere of Emily in Paris.
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Camille Razat in Messika at the "Emily in Paris" premiere photocall in Rome
French actress Camille Razat attended the « Emily in Paris » premiere photocall in Rome, wearing Messika jewelry. She made a striking appearance, showcasing the So Move Max necklace and ring.
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