Luxury Watches in Dubai: Swiss Timepiece Exports to Middle East Up 53% in 2024 скачать в хорошем качестве

Luxury Watches in Dubai: Swiss Timepiece Exports to Middle East Up 53% in 2024

Independent Swiss watchmaker MB&F’s founder Maximilian Busser sold 46 ultra-luxury watches in the Middle East, with some of those worth as much as $240,000. Exports of Swiss timepieces to the Middle East jumped 53% in 2024 against a global decline of more than 2%, according to data from the Federation of the Swiss Watch Industry. The boom in Dubai and other parts of the Gulf has been fueled by wealthy locals and expatriates who’ve flocked to the region lured by the promise of tax-free income and safety.  Bloomberg's Alex Dooler reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts