Finances of IDB Total $9.8bn last year, show hike of 18%
Riyadh - SPA
The finances of the Islamic Development Bank (IDB) Group amounted to $ 9.8 billion in 2012AD, compared to $ 8.3 billion in 2011AD, up by 18%. The Bank pointed out in its 38th annual report that the global economic growth declined to 3.3% in 2012 compared to a growth rate by 3.8% for the year 2011, due to the low rate of growth in developed countries mainly, as well as developing countries. The report noted that the Bank\'s finances in the year 2008 amounted to $ 5.4 billion. The report said that the financed projects in the Bank\'s member states are in the fields of trade, infrastructures, electricity, water, sanitation, housing, and transportation.
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Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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