The Gulf Luxury Fair at Intercontinental Hotel in London saw a milieu of visitors from the Middle East as the British tried to woo the oil rick Sheikhs to open up their strings and spend some good ol’ pounds.

What was of particular interest to us was the Diamond encrusted iPhone which looks amazingly chic. It has been designed by some of the best jewellers in the world and costs £89,000. There are apparently only two of these in the whole wide world and I am sure one of the Sheikhs would have already bought it. Hence, the remaining ne could be bought by you if you have that kind of money.

Of course, the event featured many other interesting and exorbitant products for the filthy rich to buy. The sexy phone looks amazingly chic but I wonder why anybody would want to spend money like to buy a cellphone. You could actually buy a yacht for yourself and go on a river cruise, unless you already have a yacht, that is.