Kuala Lumpur, Malaysia

An evening gown by designer Faisol Abdullah will contain 751 diamonds, including a 70 carat pear-shaped diamond at the center of the bodice.  The whole silk-and-taffeta ensemble—complete with diamond-studded train—will be worth more than $30 million when completed.

Abdullah showed his sketches to Reuters.  "Stocks drop, gold is even falling but a diamond is forever," he said.  "This is a dress with diamonds.  Why do backwards, why can`t we go forwards?"

Mouawad, the Middle-Eastern diamond merchants who are famous for supplying celebrities with expensive jewelry, will be providing the diamonds for the dress.  The diamond-studded dress is scheduled to be finished just in time for the STYLO fashion show in Kuala Lumpur in April. The dress has been dubbed the "Nightingale of Kuala Lumpur."