The mark on the band is a silver standard mark. It's an upside down number 80 in Arabic, which is the language spoken in Egypt. Most likely the metal is 80% Silver.
The mark on the band, looks similar to the Egyptian Lotus, but on closer inspection and rotating image, the mark is clearly the number 80 written in Arabic.
Scarab Verified by Who Please? It is an Egyptian Scarab but doubt very much if it is an Ancient Egyptian Scarab.