He clarifies that the offer accepted by Hamas is a softened version of Egyptian proposal, which is not acceptable to Israel
"Personalised Rolex watches are highly prized gifts, often created to celebrate milestone occasions, and they are highly sought after by regional and international collectors," said Remy Julia, head of watches for Christie's Middle East, India, and Africa.
"The present reference 1675 with the name of Sheikh Mohammed in red is an exceedingly rare example of a Rolex GMT-Master model and given that it has never previously been offered to the market, we anticipate strong interest in this timepiece from collectors in the UAE and around the world," he added.
With the official founding of the UAE on 2 December 1971, uniting its seven emirates, Sheikh Mohammed was named as the new country's first Minister of Defence, the youngest official in the world to hold this position. It was during this period that watches with his name were ordered, including the Rolex being offered by Christie's.
The Al Maktoum personalised GMT-Master will be among the 219 lot strong sale, available for viewing at Jumeirah Emirates Towers as of March 20, and is set to be auctioned on March 23 at 5 pm.
He clarifies that the offer accepted by Hamas is a softened version of Egyptian proposal, which is not acceptable to Israel
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