Islamic bank wants polyethylene loan share
Cairo – Mohammed Salah
A senior representative from the Faisal Islamic Bank of Egypt has revealed that the bank is willing to finance 60 percent of the $1.25bn loan allocated for the establishment of an ethylene and polyethylene complex in Alexandria. Nabil Abdelhamid has told Egyptian daily al-Masry al-Youm that the bank intends to \"snap up a stake of the polyethylene loan.\" The three banks involved in arranging the loan, National Bank of Egypt, Banque Misr and the Commercial International Bank (CIB) had agreed to allocate a portion to Islamic finance, after several Islamic banks declared that they wanted to finance the loan.
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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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