UAE stocks rise sharply on Q3 earnings
Dubai - Arabstoday
UAE stocks rose sharply on Sunday morning as local investors built positions following a raft of strong third quarter earnings reports. Dubai\'s benchmark index gained the most in four months, climbing 2.61 per cent to 1,415.93 at 12.15pm, whilst Abu Dhabi\'s bourse added 1.47 per cent to 2,507.91, its highest level since October 3. Real estate developer Emaar Properties hit a four week high after reporting a 34 per cent drop in Q3 net profit to Dh406 million on Thursday, a smaller decline than analysts had forecast. In the capital, banking stocks saw a lot of interest with Abu Dhabi Commercial Bank jumping 5.54 per cent to Dh3.05 and First Gulf Bank gaining 3.33 per cent to Dh15.50.
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France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
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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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