You've always dreamed of owning a sleek Porsche, but you're afraid it may get scratched or even worse. So why bother with a Porsche car?
Q&A: Wael al Takhin, the general manager for Porsche Design in the UAE, explains what drives customers to pay a high price for the car manufacturer’s products.
Last Updated: May 25, 2011
Who is likely to spend Dh990,000 (US$270,000) on a watch? We have had interest from all types. Some people might buy the watch as a collector's item, but most people would wear it every day.
Is Porsche Design wholly owned by Porsche, the car maker? Yes, Porsche has been selling products since 1972, starting with watches. The company then launched its own store boutiques in 2005. There are 107 stores worldwide ... We hope to open at least one store in Abu Dhabi next year and are looking at Marina Mall and Etihad Towers.
Other than watches, what else do you sell? We sell limited edition cufflinks, pens, clothing, luggage, shoes and accessories.
What car do you drive? A Porsche Cayenne.
For just four times the price, you can get a Porsche watch instead. Yes, a limited edition Porsche Design watch for just Dh990,000 (US$270,000). You'll be the talk of any dinner party and, of course, your conversation starter with the taxi driver will be on your wrist.
A mix of 18-carat gold, titanium and rubber, only 50 of these Indicators have been made and just 11 at this price and stylish design. Not surprising, it is sold under lock and key at the Porsche Design store in Dubai Mall. It has been designed by the car maker and manufactured by Eterna, a Swiss watch company.
The clasps and body are made of rose gold, with a titanium face and rubber straps that look like Porsche tyres. The face includes a stop watch and second timer, and a dial turns from green to red when the watch runs low on power. The natural movement on the wrist will keep the Indicator powered, but if it does run low it is simply a matter of rewinding.
The Dubai Mall store ordered two of the limited edition watches back in 2008, receiving delivery of the first in 2009, which was sold not long after to the owner of a global drinks chain. The current number 7 unique Indicator was delivered six months ago.
Wael al Takhin, the general manager for Porsche Design in the UAE, says demand is high for the store's products. "People want to be unique and different, they do not want to walk down the street and see someone wearing the same thing," he said.
At the low end of the Porsche car collection, the Boxster retails at Dh184,600, with the signature Porsche 911 selling for just over Dh300,000.
Top 5: Luxury brand extensions
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But who would want to be racy, when one can be punctual?
The Quote: I've been on a calendar but I have never been on time. Marilyn Monroe
rjones@thenational.ae
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Bareilly Ki Barfi
Directed by: Ashwiny Iyer Tiwari
Starring: Kriti Sanon, Ayushmann Khurrana, Rajkummar Rao
Three and a half stars
MATCH INFO
Euro 2020 qualifier
Fixture: Liechtenstein v Italy, Tuesday, 10.45pm (UAE)
TV: Match is shown on BeIN Sports
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Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
Maestro
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Barbie
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The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5
8 traditional Jamaican dishes to try at Kingston 21
- Trench Town Rock: Jamaican-style curry goat served in a pastry basket with a carrot and potato garnish
- Rock Steady Jerk Chicken: chicken marinated for 24 hours and slow-cooked on the grill
- Mento Oxtail: flavoured oxtail stewed for five hours with herbs
- Ackee and salt fish: the national dish of Jamaica makes for a hearty breakfast
- Jamaican porridge: another breakfast favourite, can be made with peanut, cornmeal, banana and plantain
- Jamaican beef patty: a pastry with ground beef filling
- Hellshire Pon di Beach: Fresh fish with pickles
- Out of Many: traditional sweet potato pudding
ARGYLLE
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Karwaan
Producer: Ronnie Screwvala
Director: Akarsh Khurana
Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar
Rating: 4/5
Low turnout
Two months before the first round on April 10, the appetite of voters for the election is low.
Mathieu Gallard, account manager with Ipsos, which conducted the most recent poll, said current forecasts suggested only two-thirds were "very likely" to vote in the first round, compared with a 78 per cent turnout in the 2017 presidential elections.
"It depends on how interesting the campaign is on their main concerns," he told The National. "Just now, it's hard to say who, between Macron and the candidates of the right, would be most affected by a low turnout."
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In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
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