Arabian Bemco said to win $1.25bn power deal
Riyadh - Arabstoday
Arabian Bemco Contracting Co (Bemco) has won a SR4.7bn ($1.25bn) contract from Saudi Electricity Co (SEC) to build a power plant outside the capital Riyadh, an industry source familiar with the project said on Saturday. SEC, a state-owned utility company, said on Wednesday it had signed the contract to build the PP12 plant, which has a capacity of 2,175 megawatts, without naming the contractor. Investments in power projects from 2012 to 2021 would amount to 452 billion riyals to meet rapid economic growth in the world\'s largest oil exporter, SEC said on Wednesday in a statement carried by the official Saudi news agency, SPA. SEC has revised upwards its estimates for the amount it will invest in power projects over the next decade to more than SR400bn ($106.6bn) from SR300bn, the kingdom\'s deputy electricity minister said on Monday.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
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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