In 2024, the luxury watch market balanced innovation and heritage, delivering timepieces that not only redefined the collector’s landscape but also set new benchmarks for the future.
This year saw marquee brands explore bold materials, refined aesthetics and intricate engineering. Six standout releases showcased the industry’s ingenuity and hinted at the revolutionary paths the luxury watch sector might tread in 2025.
Richard Mille RM 27-05 Flying Tourbillon
Richard Mille pushed the limits of engineering with the RM 27-05 Flying Tourbillon, crafted for tennis great Rafael Nadal. Built from TPT carbon, this featherlight watch, which weighs 30g (11.5g without its strap), is designed to withstand a g-force of 14,000 – an engineering feat unprecedented in horology. The flying tourbillon complication, often reserved for collectors of the most refined tastes, is encased in a futuristic aerodynamic design. Collectors prize this watch not only for its aesthetic appeal but also for its ground-breaking material science. It’s not just a timepiece, it’s a statement of technological ambition, perfectly blending performance and prestige.
Omega Speedmaster FOIS 2024 Edition
The Omega Speedmaster First Omega in Space (FOIS) 2024 Edition pays homage to the brand’s historic relationship with space exploration. While it retains the timeless aesthetic of the 1962 model – polished steel case, vintage-inspired hands and a striking black dial – it incorporates cutting-edge upgrades, including anti-magnetic materials and enhanced movement efficiency.
This model bridges the past and the future, making it a must-have for collectors who appreciate historical authenticity coupled with modern functionality. For purists and innovators alike, the FOIS 2024 Edition stands as a timeless connection to Omega’s spacefaring legacy.
Rolex Day-Date 40 in Everose Gold
Rolex continues to redefine luxury with the Day-Date 40 in Everose Gold, now featuring a mesmerising ombre dial that transitions from deep black at its centre to soft grey at the edges. Paired with the President bracelet, this design represents the perfect synthesis of modern artistry and timeless elegance.
Collectors and professionals alike are drawn to this edition for its blend of power and sophistication. The ombre dial signals a new direction in dial craftsmanship, proving once again why the Day-Date remains the ultimate symbol of status and taste.
Jaeger-LeCoultre Polaris Geographic
The Jaeger-LeCoultre Polaris Geographic redefines travel-ready timepieces. Housed in a 42mm stainless steel case, its world timer complication, dual time zone display and power reserve indicator are laid out on a gradient blue dial that exudes contemporary elegance.
Unlike traditional travel watches, the Polaris Geographic merges technical utility with aesthetic appeal, making it the go-to companion for globetrotters who refuse to compromise on style. Jaeger-LeCoultre once again cements its reputation for delivering understated brilliance.
Patek Philippe Cubitus
Patek Philippe broke tradition in 2024 with the bold introduction of the Cubitus, a 45mm model featuring sharp angular lines and a two-tone case. The minimalist blue dial, punctuated by rose gold accents, creates an architectural elegance that redefines contemporary watch design.
For collectors seeking innovation without sacrificing the timeless precision of Patek Philippe, the Cubitus is a revelation. It challenges conventions, embodying the spirit of modernity while honouring the brand’s rich heritage.
Audemars Piguet [RE]Master02
The Audemars Piguet [RE]Master02 seamlessly blends the elegance of 1930s Art Deco with modern horological advancements. Its 41mm rose gold case features a minimalist dial punctuated by geometric accents, while the automatic movement ensures practicality for daily wear. Limited to just 250 pieces, this watch epitomizes exclusivity and craftsmanship.
Collectors will appreciate the [RE]Master02 as a timepiece that celebrates both heritage and forward-thinking design, making it a definitive statement of timelessness.
Looking to 2025 and the future of luxury watches
The innovations of the year have set the stage for a transformative 2025, where we can anticipate bold experimentation will dominate. Expect sharper geometries, vibrant colour palettes and the ingenious use of multi-material constructions, blending metals, ceramics, and advanced composites. Sustainability should emerge as a cornerstone, with circular manufacturing and eco-certified designs reshaping perceptions of luxury.
Younger collectors, particularly in Asia and the Middle East, will play a part in driving demand for exclusivity and individuality, encouraging brands to pivot toward smaller, highly curated collections. The growing influence of advanced materials, such as silicon components and anti-magnetic nanomaterials, will quietly enhance precision and durability.
Luxury watches are no longer mere instruments of timekeeping – they are evolving into symbols of identity, artistry, and technological mastery. As we step into 2025, these innovations promise to redefine not just what we wear on our wrists, but the very essence of modern craftsmanship.
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Past winners of the Abu Dhabi Grand Prix
2016 Lewis Hamilton (Mercedes-GP)
2015 Nico Rosberg (Mercedes-GP)
2014 Lewis Hamilton (Mercedes-GP)
2013 Sebastian Vettel (Red Bull Racing)
2012 Kimi Raikkonen (Lotus)
2011 Lewis Hamilton (McLaren)
2010 Sebastian Vettel (Red Bull Racing)
2009 Sebastian Vettel (Red Bull Racing)
'The Ice Road'
Director: Jonathan Hensleigh
Stars: Liam Neeson, Amber Midthunder, Laurence Fishburne
2/5
Pox that threatens the Middle East's native species
Camelpox
Caused by a virus related to the one that causes human smallpox, camelpox typically causes fever, swelling of lymph nodes and skin lesions in camels aged over three, but the animal usually recovers after a month or so. Younger animals may develop a more acute form that causes internal lesions and diarrhoea, and is often fatal, especially when secondary infections result. It is found across the Middle East as well as in parts of Asia, Africa, Russia and India.
Falconpox
Falconpox can cause a variety of types of lesions, which can affect, for example, the eyelids, feet and the areas above and below the beak. It is a problem among captive falcons and is one of many types of avian pox or avipox diseases that together affect dozens of bird species across the world. Among the other forms are pigeonpox, turkeypox, starlingpox and canarypox. Avipox viruses are spread by mosquitoes and direct bird-to-bird contact.
Houbarapox
Houbarapox is, like falconpox, one of the many forms of avipox diseases. It exists in various forms, with a type that causes skin lesions being least likely to result in death. Other forms cause more severe lesions, including internal lesions, and are more likely to kill the bird, often because secondary infections develop. This summer the CVRL reported an outbreak of pox in houbaras after rains in spring led to an increase in mosquito numbers.
The specs
Engine: 5.0-litre supercharged V8
Transmission: Eight-speed auto
Power: 575bhp
Torque: 700Nm
Price: Dh554,000
On sale: now
Company%20Profile
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Racecard
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England Test squad
Joe Root (captain), Moeen Ali, James Anderson, Jonny Bairstow (wicketkeeper), Stuart Broad, Jos Buttler, Alastair Cook, Sam Curran, Keaton Jennings, Dawid Malan, Jamie Porter, Adil Rashid, Ben Stokes.
UK%20record%20temperature
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
SUNDAY'S ABU DHABI T10 MATCHES
Northern Warriors v Team Abu Dhabi, 3.30pm
Bangla Tigers v Karnataka Tuskers, 5.45pm
Qalandars v Maratha Arabians, 8pm
SPECS
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65
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Avengers: Endgame
Directors: Anthony Russo, Joe Russo
Starring: Robert Downey Jr, Chris Evans, Scarlett Johansson, Chris Hemsworth, Josh Brolin
4/5 stars
UAE currency: the story behind the money in your pockets
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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The%20specs
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COMPANY%20PROFILE
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