- JEDDAH: The world’s most expensive handbag — valued at more than SR14 million — is among a range of elegant products to be displayed at a major jewelry show in Jeddah next month.
The four-day show at Jeddah Hilton is expected to attract more than 7,000 visitors, said event organizer Hyat Sindi.
Princess Lolowah Al-Faisal, vice chairperson of Effat University’s board of trustees and its general supervisor, will open the Second International Jewelry Exhibition on May 20.
Sindi said the planned display of rare masterpieces such as the French-made handbag reflected the importance of the prestigious show.
The exhibit, made from 18kt gold, incorporates 4,517 diamonds with a total weight of 381.92 carats.
This masterpiece was handcrafted by 10 highly skilled artisans working for a total of 8,800 hours.
It recently received official certification from the Guinness Book of World Records as the most valuable handbag in the world. “
More than 1,000 exhibitors and 65 local and global companies will take part in the event, said Sindi.
She said the show, organized by Jeddah Chamber of Commerce and Industry, aims at boosting the national economy.