Business & Money | Thursday 28 April, 2016 12:30 am

Limited IPO activity in MENA continues in Q1 2016; Egypt and KSA lead activity: EY

 The Middle East and North Africa (MENA) region witnessed only two IPOs raising US$615.0m in Q1 2016, representing another quarter with limited IPO activity, according to EY. Capital raised through MENA firms in Q1 2016 increased by 141%, while the number of IPOs were consistent (2 IPOs),...

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Tourism & Hospitality | Wednesday 27 April, 2016 4:37 pm

VICTORIA BECKHAM TOPS LIST OF WORLD’S BEST DRESSED TRAVELLERS

Victoria Beckham has been named the best dressed celebrity traveller by British Airways, which today unveiled its inaugural list of the World’s Best Dressed Travellers.   With her effortless ability to turn the airport arrivals lounge into her personal fashion runway, Victoria pipped...

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Beauty & Style | Wednesday 27 April, 2016 4:33 pm

Chloé Fall 2016 Collection

An opulent and athletic sensuality defines the Chloé Fall 2016 where a flared silhouette is enveloped in autumnal warmth.   Imagining the full cycle in a dancer's regime, the season envisages the languid rhythms of a studio warm-up, the ritual of the...

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Business & Money | Wednesday 27 April, 2016 4:18 pm

Siemens celebrates 1,000 gas turbines from Berlin: electricity for one billion people

Today, the Siemens gas turbine factory in Berlin is shipping its 1,000th gas turbine manufactured at the plant. The SGT5-4000F gas turbine, which has a capacity of 300 megawatts (MW), weighs 300 metric tons and is destined for the Umm al Houl combined cycle power plant in Qatar. The total...

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Business & Money | Wednesday 27 April, 2016 4:07 pm

Commodity prices and energy transition top 2016 World Energy Congress programme

The 23rd World Energy Congress, which is taking place in Istanbul, between 9 and 13 October 2016 has today announced the first key highlights of its official event programme.  Headline sessions will include weathering the commodity price storm and the impact of the COP21 agreement on the...

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Beauty & Style | Wednesday 27 April, 2016 4:04 pm

Regional launch of 24 karat gold shoes worth 18,000 euro grabs limelight as Leatherworld Middle East opens in Dubai

Unique handmade leather shoes made of 24 karat gold was the highlight of the opening day of Leatherworld Middle East. Launched for the first time in the region by A&E Fashion Group, these custom-made shoes are produced uniquely for the user by Italian master craftsmen, who hold the world patent ...

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Culture & Education | Wednesday 27 April, 2016 3:56 pm

Abu Dhabi International Book Fair Sees the Debut of SOCOOOL Comics

The Abu Dhabi International Book Fair organized at the Abu Dhabi National Exhibition Centre, saw today the debut of the SOCOOOL Comics; the first initiative specialized in comic books in the region. A fruit of Ajyaal Media’s partnership with Al Hudhud Publishing, the SOCOOOL Comics brand...

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Tourism & Hospitality | Wednesday 27 April, 2016 3:54 pm

ETIHAD AIRWAYS ANNOUNCES NET PROFIT OF US$ 103 MILLION FOR 2015

Etihad Airways, the national airline of the United Arab Emirates, today announced its strongest annual financial results to date, with a net profit of US$ 103 million on total revenues of US$ 9.02 billion.   The performance, which marked the airline’s fifth consecutive year of net...

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Business & Money | Wednesday 27 April, 2016 3:48 pm

MICHELIN Pilot Sport Cup 2 Tyres Fitted to the BMW M4 GTS

Specially developed versions of the MICHELIN Pilot Sport Cup 2 tyres will be the sole original equipment fitment on the new limited special model BMW M4 GTS. As a track car that is approved for road use, the job of Michelin's engineers was to design an ultra-high-performance tyre which is...

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Tourism & Hospitality | Wednesday 27 April, 2016 3:35 pm

Starwood Hotels & Resorts Targets 100 Hotels in Middle East by 2020

From the Arabian Hotel Investment Conference (AHIC) in Dubai, Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it is on track to grow its portfolio in the Middle East to 100 hotels by 2020. This follows five new deal signings that will add over 1,200 rooms in the UAE,...

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