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UAE at 21st, Saudi Arabia Surges 15 Places to 22nd in World Happiness Report; L’azurde Achieves Record Revenues and Strategic Growth in 2025
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Market News
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UAE at 21st, Saudi Arabia Surges 15 Places to 22nd in World Happiness Report
The UAE ranked 21st globally and first in the Arab region in the World Happiness Report 2026, achieving a score of 6.821. The country performed strongly across key indicators, ranking fourth worldwide for freedom to make life choices, eighth in GDP per capita at around $70,000, 19th in generosity, and 30th in life expectancy. Meanwhile, Saudi Arabia rose 15 places to 22nd, with a score of 6.817, surpassing the US, Canada, and the UK. Officials credited this progress to ongoing reforms under Vision 2030, particularly the Quality-of-Life Program. Finland retained the top global position, followed by Iceland and Denmark. |
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Company News
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L’azurde Achieves Record Revenues and Strategic Growth in 2025
“L’azurde” reported record financial results for the year ended December 31, 2025, highlighting exceptional growth and strategic progress. The company achieved total gold revenues of SAR 2.4 billion, reflecting a 43.6% increase, while operating revenues rose 17% to SAR 540.4 million, the highest in its history. Gross profit reached SAR 323.6 million, marking its strongest performance since 2016. This success was driven by strong pricing power, allowing increases in labor service charges despite global gold price fluctuations, and supported by consumer trust, positive cash flow, and an expanding retail network. |
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Product Launch
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Bvlgari unveils Eclettica
Bvlgari unveils Eclettica, a bold expression of its eclectic DNA, where artistic intuition meets exceptional craftsmanship. This High Jewelry and High-End Watches collection presents over 150 masterpieces, including more than 50 millionaire creations and 14 transformable designs—the highest ever by the Maison. At its core are nine extraordinary ‘Capolavori’ (masterpieces), showcasing rare gemstones and unparalleled creativity. Drawing inspiration from sculpture, painting, and architecture, Eclettica blends volume, color, rhythm, and proportion into wearable art. Extending into High-End Watchmaking, the collection reimagines timepieces through exquisite gems, virtuoso artistry, and Swiss expertise, embodying Bvlgari’s visionary pursuit of beauty. |
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Jacob & Co. Unveils Angel Cut Diamond in Billionaire Double Tourbillon
Celebrating its 40th anniversary, Jacob & Co. introduces the Angel Cut, a patented diamond cut developed entirely in-house. Named after founder Jacob Arabo’s wife, Angela, it features 37 precisely engineered facets - reflecting their 37 years of marriage - merging technical innovation with personal symbolism. Designed to enhance light return while preserving elegance, the cut uses geometry rather than extra facets, with a lozenge-shaped table and stepped rectangular outline. The Angel Cut delivers a composed, continuous glow with controlled reflections, performing beautifully even in gem-set watch cases. It embodies precision, brilliance, and emotion, uniting high jewelry and watchmaking in a singular, luminous expression. |
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Breitling Unveils Two Navitimer Icons: Perpetual Calendar & Tribute to Concorde
Breitling introduces two new Navitimer icons: the Navitimer Perpetual Calendar and the Navitimer Tribute to Concorde. The limited-edition Concorde model honors the supersonic aircraft that redefined commercial aviation, symbolizing speed, innovation, and ambition. The Perpetual Calendar Chronograph features Breitling’s Manufacture Caliber B19, combining a sophisticated perpetual calendar with the brand’s iconic pilot’s watch design. Since 1952, the Navitimer has been a pilot’s essential and a cultural icon, linking aviation history with modern craftsmanship. These new editions showcase Breitling’s technical mastery, elegant design, and continued relevance, celebrating both the golden age of flight and the brand’s enduring legacy in high-precision horology. |
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Introducing Girard-Perregaux’s New Minute Repeater Flying Bridges
Introducing Girard-Perregaux’s Minute Repeater Flying Bridges, powered by the in-house GP9530 calibre. This 475-part openworked movement combines a minute repeater, tourbillon, and new self-winding system, requiring nearly 440 hours of assembly and decoration. It reimagines the brand’s iconic Three Bridges architecture with a contemporary design, including a rear-positioned third bridge and arrow-shaped ends reflecting Girard-Perregaux’s forward-looking DNA. Developed to enhance acoustic clarity, diffusion, and resonance, the calibre blends technical mastery with aesthetic excellence. Marrying 18th-century expertise with 21st-century engineering, it embodies avant-garde Haute Horlogerie, offering a modern, transparent interpretation of a complication that has defined the Manufacture since the 1820s.
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Exhibitions & Events
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IIJS Bharat – Tritiya 2026 Unveils India’s Strength as a Global Jewellery Powerhouse
The 4th edition of IIJS Bharat – Tritiya 2026 at Bengaluru International Exhibition Centre (BIEC) showcased India’s strength as a global jewellery powerhouse. Organized by the GJEPC, the country’s third-largest B2B jewellery trade show features over 1,100 exhibitors from 40+ cities across 1,900+ stalls, spanning gold, diamonds, coloured gemstones, couture jewellery, lab-grown diamonds, and allied segments. Expected to attract 15,000+ trade visitors from 500 Indian cities and 40 countries, the event includes a special focus on “The Select Club” for luxury couture. Supported by the Government of Karnataka, it serves as a strategic sourcing platform for domestic and international markets. |
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Celebrity News
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Hollywood Stars Shine in Chopard at the 2026 Vanity Fair Oscar Part
At the 2026 Vanity Fair Oscar Party on March 15, Chris Evans, Alba Baptista, Bella Hadid, Jessica Alba, Emma Chamberlain, Audrey Nuna, and Olivia Rodrigo dazzled in Chopard. Chris wore a L.U.C XPS watch and Ice Cube cufflinks in 18k rose gold. Alba, Jessica, Bella, Emma, and Olivia selected pieces from the Haute Joaillerie and L’Heure du Diamant Collections, featuring diamonds and emeralds. Audrey Nuna shone in yellow-gold Happy Diamonds and Ice Cube pieces. Each selection showcased Chopard’s exceptional craftsmanship and sparkling elegance on the red carpet. |
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Charles Leclerc Wears Graff Brooch at Monaco Rose Ball
Ferrari F1 driver Charles Leclerc made a striking statement at the Rose Ball in Monaco, wearing a Graff Tilda’s Bow ruby and diamond brooch pinned to his Brioni suit. Crafted in white gold by Graff’s master artisans, the piece features over 155 rare, custom-cut baguette rubies and round diamonds, celebrating Ferrari’s iconic Racing Red. The Tilda’s Bow collection symbolizes strength and precious bonds, echoing Leclerc’s recent marriage to Alexandra Leclerc, who wore Graff jewellery at their civil ceremony. The prestigious event, presided over by H.S.H. Prince Albert II, supports the Princess Grace Foundation. |
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Alexandra Saint Mleux Leclerc Wears Ailes
Alexandra Saint Mleux Le Clerc was seen wearing the Signature Wave Choker by Emirati fine jewellery brand Ailes. Made from white gold and diamonds, it belongs to the brand’s Wave collection, known for its fluid curves and elegant simplicity. The design follows the body’s natural rhythm, creating a soft, continuous flow of light around the neckline. This choker embodies Ailes’ philosophy of modern, sculptural elegance, blending femininity with timeless appeal. With its polished white gold and precisely set diamonds, the Signature Wave Choker has become a signature piece, reflecting the brand’s distinctive approach to contemporary fine jewellery. |
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