A reworking of Tiffany & Co’s archival 1939 World’s Fair necklace is in Dubai. Featuring the Empire Diamond, which weighs more than 80 carats, this is the most expensive piece ever created by the jeweller. It is estimated to be worth between $20 million and $30m.
Tiffany & Co announced in January that it would be reimagining the high jewellery necklace, modernising the original aquamarine design with a D color, type IIa, internally flawless oval diamond. This is the largest diamond the house has ever offered, bar the famed Tiffany Diamond.
In this new iteration of the historic design, the Empire Diamond can be worn not only in the World’s Fair necklace, but can also be converted into a diamond-encrusted ring in a platinum setting.
The 1939 World’s Fair promised “a glimpse into the world of tomorrow”, which aligns with the theme of Dubai Expo 2020 Dubai – Connecting Minds, Creating the Future – making this an ideal time to unveil the extraordinary piece.
The new World’s Fair necklace is on show as part of an invitation-only exhibition featuring Tiffany’s Blue Book Collection. This is the first time the house is showcasing its famed high jewellery collection in the Middle East.
With blush botanicals set against views of the Dubai skyline, the exhibition space features a colour palette inspired by the jewel-toned stained glass of Louis Comfort Tiffany lamps.
One salon features loose stones, including everything from rare coloured gemstones to legacy gemstones –morganite, tsavorite and tanzanite – which the jeweller introduced to the world over the course of the 20th century.
Another salon pays homage to the house’s legendary designer Jean Schlumberger, and features his fantastical creations.
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THE SPECS
Engine: 3.9-litre twin-turbo V8
Transmission: seven-speed dual clutch
Power: 710bhp
Torque: 770Nm
Speed: 0-100km/h 2.9 seconds
Top Speed: 340km/h
Price: Dh1,000,885
On sale: now
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5) Angelo Peruzzi, Inter Milan to Lazio (£15.7m
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31% in UK say BBC is biased to left-wing views
19% in UK say BBC is biased to right-wing views
19% in UK say BBC is not biased at all
Source: YouGov
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Champions League last 16, first leg
Tottenham v RB Leipzig, Wednesday, midnight (UAE)
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The bio:
Favourite holiday destination: I really enjoyed Sri Lanka and Vietnam but my dream destination is the Maldives.
Favourite food: My mum’s Chinese cooking.
Favourite film: Robocop, followed by The Terminator.
Hobbies: Off-roading, scuba diving, playing squash and going to the gym.
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Founder: Omar Onsi
Launched: 2018
Employees: 35
Financing stage: Seed round ($12 million)
Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners
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Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
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4.35pm: Tilal Al Khalediah
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Price: Dh184,500
THREE POSSIBLE REPLACEMENTS
Khalfan Mubarak
The Al Jazira playmaker has for some time been tipped for stardom within UAE football, with Quique Sanchez Flores, his former manager at Al Ahli, once labelling him a “genius”. He was only 17. Now 23, Mubarak has developed into a crafty supplier of chances, evidenced by his seven assists in six league matches this season. Still to display his class at international level, though.
Rayan Yaslam
The Al Ain attacking midfielder has become a regular starter for his club in the past 15 months. Yaslam, 23, is a tidy and intelligent player, technically proficient with an eye for opening up defences. Developed while alongside Abdulrahman in the Al Ain first-team and has progressed well since manager Zoran Mamic’s arrival. However, made his UAE debut only last December.
Ismail Matar
The Al Wahda forward is revered by teammates and a key contributor to the squad. At 35, his best days are behind him, but Matar is incredibly experienced and an example to his colleagues. His ability to cope with tournament football is a concern, though, despite Matar beginning the season well. Not a like-for-like replacement, although the system could be adjusted to suit.
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Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
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- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
ETFs explained
Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.
ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.
There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.
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• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
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• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
UAE’s revised Cricket World Cup League Two schedule
August, 2021: Host - United States; Teams - UAE, United States and Scotland
Between September and November, 2021 (dates TBC): Host - Namibia; Teams - Namibia, Oman, UAE
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February, 2023: Hosts - UAE; Teams - UAE, PNG, Nepal
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