A wristwatch that belonged to Elvis Presley has been sold at the Geneva Watch Auction: Seven, by Philips in Switzerland, setting a world record for any Omega timepiece ever purchased. After a long round of bidding, the 18K white gold watch featuring a manually-wound calibre, 44 cut diamonds on its bezel and a silvered ivory dial, reached a final price of CHF1.5 million (Dh5.5 million) and the Omega Museum in the Swiss town of Biel/Bienne became its proud new owner.
It has been described as the “most historically significant Elvis Presley-owned watch to ever appear on the market” and was presented to the artists by RCA Records in February 1961, at a charity luncheon and concert to celebrate his 75 million records sold worldwide – believed to be the first time that milestone had been achieved by anyone. As a reminder, the case back was engraved and included the words: “To Elvis, 75 Million Records, RCA Victor, 12-25-60.”
Presley was a known Omega fan and wore several over the years, including a Seamaster when he served time in the US Army, and the provenance of this one has been added to with photographs of ‘The King’ wearing it, as well as a certificate of authenticity from the founder and CEO of the Elvis Presley Museum, Jimmy Velvet.
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SRI LANKA SQUAD
Upul Tharanga (captain), Dinesh Chandimal, Niroshan Dickwella
Lahiru Thirimanne, Kusal Mendis, Milinda Siriwardana
Chamara Kapugedara, Thisara Perera, Seekuge Prasanna
Nuwan Pradeep, Suranga Lakmal, Dushmantha Chameera
Vishwa Fernando, Akila Dananjaya, Jeffrey Vandersay
Killing of Qassem Suleimani
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
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