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Dubai GDP Rises 4.4% as Key Sectors Record Double-Digit Growth; LVMH Watches acquires stake in Swiss manufacturer La Joux-Perret
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Market News
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Dubai GDP Rises 4.4% as Key Sectors Record Double-Digit Growth
The Dubai Data and Statistics Establishment is recalibrating GDP time series and key indicators to meet international standards, using expanded data sources for a more precise view of the emirate’s economy. Dubai maintained strong growth in the first half of 2025, surpassing expectations and cementing its status as a competitive, dynamic global city. GDP grew 4.4 per cent to Dhs241?bn in H1, with the second quarter alone rising 4.7 per cent to Dhs122?bn. This growth was driven by robust expansion across multiple sectors, highlighting Dubai’s diversified economic base and long-term resilience. |
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LVMH Watches acquires stake in Swiss manufacturer La Joux-Perret
The LVMH Watches Division has acquired a minority stake in Swiss manufacturer La Joux-Perret, a leader in sophisticated watch movements, while forming a strategic commercial partnership to enhance production and innovation across the Group’s Maisons. TAG Heuer has collaborated with La Joux-Perret since 2022 on a solar quartz movement featured in its Aquaracer and Formula 1 collections, and the partnership also powers Tiffany & Co.’s Rope watch. The move strengthens LVMH’s ties with industrial partners, supporting its Swiss watchmaking investments. La Joux-Perret will maintain independence, continuing to serve existing and future clients, while Citizen Group retains operational control of its brands. |
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Company News
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Mouawad Celebrates Dubai Mall Opening with Illuminated Wonders Collection
To mark the grand opening of the Mouawad Boutique at Dubai Mall, the House of Mouawad presents Illuminated Wonders, a high jewelry collection inspired by the acclaimed Sun on the Seven Wonders. Capturing the transition from daylight to twilight, the collection celebrates the celestial beauty that transforms the world’s iconic landmarks. Each piece interprets architectural marvels as wearable art, from the serene blues of the Taj Mahal to the fiery glow of Petra. Comprising seven suites - necklace, bracelet, earrings, and ring - Illuminated Wonders showcases exceptional gemstones and masterful craftsmanship, continuing Mouawad’s legacy of storytelling through luminous, poetic jewelry. |
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Louis Vuitton Launches a Jewelry Pop Up in the Dubai Mall Grand Atrium
Louis Vuitton has announced the launch of a Jewelry Pop Up at The Dubai Mall Grand Atrium from November 8 to 25, 2025, opposite the main entrance. The modern structure features stacked gold and silver rings shaped like the iconic Louis Vuitton Monogram flower. Visitors can explore a curated selection of jewelry and hardsided pieces, including an exclusive pre-launch of the Color Blossom collection with unique pink mother-of-pearl creations. The pop up also showcases broader Fine Jewelry offerings, featuring iconic collections such as LV Diamonds, Le Damier de Louis Vuitton, Les Gastons Vuitton, and High Jewelry pieces from the Tumbler, Pure V, and Vivienne collections. |
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F.P.Journe Acquires Historic Pocket Watch for Le Patrimoine Museum
François-Paul Journe has acquired a historic pocket watch by Abraham-Louis Breguet for the F.P.Journe Le Patrimoine museum. Sold in 1809 to Count Alexis de Razoumoffsky, Minister under Tsar Alexander I, the No. 1890 combines two of Breguet’s landmark inventions: the tourbillon and the natural escapement, a rare feat shared by only eight known watches. Featured in The Art of Breguet by George Daniels, this exceptional timepiece will join the museum’s collection, which seeks to preserve both the iconic creations of François-Paul Journe and the historic watches that inspired them, celebrating the legacy and evolution of horology. |
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ARAYA: Defining Bold and Distinctive Luxury
Bold, distinctive, and one of one, ARAYA creates modern masterpieces for those who move against convention. With only 100 pieces unveiled annually, each design is a sculptural work of art, residing at the intersection of high craft and high art. Guided by Ashni Kothari’s artistic eye and paired with Sidhant Kothari’s discerning gem selection, overlooked gemstones become centrepieces, boldly sculpted to redefine fine jewellery. Every creation is a unique, deliberate expression, crafted for collectors who seek distinction over repetition. ARAYA designs aren’t for following trends - they set new standards, disrupting expectations and shaping a modern era in high jewellery. |
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Product Launch
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Van Cleef & Arpels Presents Alhambra Delicate Metamorphoses
Since 1968, the Alhambra motif has embodied the Maison’s spirit of lucky, versatility and timeless elegance. Today, the Maison introduces one of its historic traditions to this collection, transformable jewelry, with the launch of Alhambra Delicate Metamorphoses. The new transformable creations include versatile long necklaces that can be worn multiple ways, two reversible Vintage Alhambra rings revealing new plays of materials and light, and the first Sweet Alhambra watch combining ornamental stones with guilloché white gold. |
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Roger Dubuis Unveils a Modern Revival: Hommage La Placide Limited Series
In a limited series of 28 timepieces, the new Hommage La Placide takes the wearer on a 30-year journey, blending authentic components and inspiration from the past with a contemporary Roger Dubuis vision. Created for the Maison’s 30th anniversary, it celebrates the legacy of the Geneva manufacture and its esteemed founder. Each model houses the Calibre 1472, a movement that unites original and remanufactured components to honor both history and modern craftsmanship through technical savoir-faire and layered aesthetics. This exclusive series echoes the recently launched Excalibur Monobalancier Biretrograde Calendar, offering collectors two richly connected biretrograde creations. |
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Breitling Blends Heritage and Luxury in New Gold Capsule Collection
Just in time for the holiday season, Breitling unveils a gold capsule collection featuring five iconic models- three Navitimers and two Premiers. Crafted in 18k red gold, each piece combines dial colors and movements never paired before, making them truly exclusive. Rooted in heritage yet forward-looking, these references reflect Breitling’s philosophy of blending classic design with modern innovation. Full-gold watches make a bold statement, offering a strong wrist presence and elevated elegance. Red gold’s warm, refined hue exudes luxury and versatility, complementing both formal and casual attire, while its weight conveys tangible prestige. |
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Angelus Unveils Limited Flying Tourbillon Skeleton Titanium, Orange Edition
Founded in 1891 by the Stolz brothers, Maison Angelus introduces the Flying Tourbillon Skeleton Titanium, Orange Edition, limited to 25 pieces. This vibrant timepiece uses skeletonised mechanics as a canvas for colour and design, featuring a satin-finished titanium case contrasting with a deep black movement highlighted by vivid orange accents. The three interchangeable straps—black alligator leather, textured orange rubber, and integrated titanium—offer versatility. The 42.5?mm openwork calibre showcases interlocking circles, expressing chromatic, structural, light, graphic, and customizable energy. Every detail celebrates dynamic contrasts, making this edition a bold fusion of technical mastery, visual impact, and artistic expression. |
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Czapek Celebrates Its 10th Anniversary with the Time Jumper
Celebrating a decade since the revival of the Maison, Czapek looked to the future with the Time Jumper, powered by its new in-house Calibre 10. A modern guilloché adorned the 40.5mm steel case, while the half-hunter cover revealed glimpses of the open-worked movement. Released as a limited edition of 100 in steel and 30 in 3N 18-carat gold, the watch was unveiled at Czapek’s 10th Birthday celebration in Geneva on November 12. Inspired by 19th-century pocket watches, it featured a jumping hour complication on two discs and trailing minutes on a peripheral ring, with a black-hole guilloché creating a striking optical illusion. |
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Celebrity News
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Bella Hadid Dazzles in La Marquise Jewellery at the Orebella Launch
Supermodel and global style icon Bella Hadid brought a touch of regional elegance to her Dubai visit, wearing the Imperia Arab Deco earrings and ring from La Marquise Jewellery’s renowned Imperia Collection. Crafted in rose gold, the exquisite earrings showcase a refined interplay of baguette-cut and brilliant-cut natural diamonds, accented with hand-carved mother-of-pearl — a hallmark of La Marquise’s fusion of architectural precision and artisanal craftsmanship. Inspired by the grandeur of Arabian architecture and the timeless geometry of the Art Deco era, the design forms a fluid, light-catching silhouette that embodies both heritage and modern sophistication.
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