Gemma Haines of Reuters talks with Fred & Pascal Mouawad about the Guinness award-winning 1001 Nights Diamond Purse at The Dubai Mall unveiling.image credit: http://www.luxuo.com/World's Most Expensive Handbag by Mouawad - This Handbag made by House of Mouawad breaks the world's records as the most luxurious and most expensive handbags valued at a whopping $3.8 million. If you love the bling bling stuff like this so you would also love this Peacock Dress. You can see many of luxurious things on our previous post.This Handbags was Called “The Mouawad 1001 Nights Diamond Purse,” the luxurious handbag was unveiled by Fred and Pascal Mouawad,...