Business | Features

DSF boasts record Dh11m gold ring

It took 55 workers to create 64-kilogram jewellery

  • Gulf News Report
  • Published: 00:00 January 13, 2012
  • Gulf News

  • Image Credit: Supplied

Dubai: What do Nicholas Cage, Steven Siegal, Brian Lara, Jackie Shroff, Gulshan Grover and Suniel Shetty (shown right) have in common?

They have all visited Kanz Jewels' showroom in Dubai where a 64 kilogram gold ring Najmat Taiba — the world's largest — valued at Dh11 million is attracting visitors at a gold shop in Dubai. The ring is displayed by Kanz Jewels with a "Guinness World Records" certificate, as part of the company's participation at the Dubai Shopping Festival (DSF).

Najmat Taiba, manufactured by Taiba, Saudi Arabia, is studded with 5.1 kilograms of Swarovski stones from Signity Middle East and was supported by the World Gold Council. Fifty-five workers worked 45 days for 10 hours a day to make this piece.

Dubai is one of the largest hubs of gold sales in the world. Unwrought, worked and semi-manufactured gold topped the list of Dubai's imports with Dh58.9 billion from January to September last year, according to Dubai Customs.

"We have displayed the world's biggest gold ring and I can say that it is also one of the most photographed gold rings in the world. When crafted this unique piece in the year 2000, the gold price was only $250 (Dh917.50) per ounce. "This ring has inspired many gold enthusiasts to buy replicas of the ring from our stores," said Anil Dhanak (shown left), Managing Director of Kanz Jewels.

Comments (1)

  1. Added 12:15 January 13, 2012

    It was really a wonderful effort by the makers of this wonderful ring

    Prabhu Dayal, Delhi, India

Gulf News
Business Editor's choice
Quick Access

  1. Markets

  2. Economy

  3. Property

  4. Aviation

Business Top Stories

  1. Dubai realty seeks balance in supply and demand

  2. Etihad signs pact with Fiji Airways

  3. 140 new hotels to open in Dubai by 2016

  4. Dubai fragrance and fashion trade worth Dh206b

  5. UAE inflation hits highest since 2010