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Jacob & Co., the luxury watch and jewelry brand, will open its first boutique in the Kingdom of Saudi Arabia and will launch a limited-edition Cristiano Ronaldo-themed CR7 collection to celebrate the occasion.

The new store will be located on Olaya Main Street at Akariya Plaza in Riyadh.

Portuguese football legend Ronaldo, who recently moved to Saudi Arabia and is the new star of Riyadh’s Al-Nassr club, is a long-time friend and ambassador of Jacob & Co.

Ronaldo was gifted a one-of-a-kind Caviar Tourbillon Tsavorites garnet-encrusted timepiece, worth $770,000, to mark his arrival in the Kingdom. The timepiece gets its name from the green tsavorites gemstones that cover its surface, paying homage to the country’s national color and making it a hit with the Kingdom’s watch lovers.

“We are thrilled to open our flagship boutique in KSA and to bring our unique products and designs to the wonderful people of Saudi Arabia,” said Jacob Arabo, founder of Jacob & Co. “We have always been inspired by the warmth, creativity and innovation of Saudi Arabia and are excited to be entering the Kingdom now and grow to become a part of, and contribute to, the kingdom's development.  The Saudi people have a discerning eye for luxury and quality and as we open the doors to our first boutique in Riyadh, we are ready to deliver beyond expectations.”

The CR7 Jaco & Co. collection is limited to a select number of pieces only and priced between $28,000 and $145,000.