Saudi lender to sell stakes in Syria, Lebanon banks
Riyadh - Kuna
Banque Saudi Fransi unveiled Saturday plans to sell its 27-percent stake in Bemo Saudi Fransi Syria and its 10-percent stake in Bemo Lebanon.In an official statement, Banque Saudi Fransi Chairman Saleh Al-Omair said the bank has informed its partners on the decision.Al-Omair added that the bank\'s representatives in the board of directors of the two branches have rendered their resignations.The bank is no longer represented in the board of directors of Bemo Saudi Fransi Syria and Bemo Lebanon he added.Al-Omair explained that the high financial risks in Syria have forced the bank administration to take the decision.
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Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
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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