Squale retails the Squale 50 Atmos Ocean Blasted 1521-026 for 648 Euros, which is roughly $725 USD before shipping and taxes (a price made somewhat lower thanks to recent currency changes). Assuming roughly $800 - $900 to your wrist, the Squale has plenty of competition from other micro brands and even bigger players like Citizen and Seiko.
Time in the Middle East. Light colors indicate where standard time is observed all year; dark colors indicate where daylight savings is observed. UTC+03:00 is an identifier for a time offset from UTC of +03. In areas using this time offset, the time is three hours later than the Coordinated Universal Time (UTC).
GMT is a time zone and a reference point, but UTC is a standard that has no set zone. The time difference between these two concepts is minimal, but the differences still remain. GMT is a time zone that is used officially in many European and African countries. It is also used on the International Space Station.