Prokhorov to invest $1 bln in development projects
Moscow - RIA Novosti
Open Investment (OPIN) development group owned by Russian billionaire Mikhail Prokhorov will invest about $1 billion in several development projects in the next few years, OPIN said in a statement on Tuesday. OPIN intends to build three multi-apartment residential compounds of elite, business and economy categories with a total floorspace of over 600,000 square meters, three cottage communities in an area of over 500 hectares and two large shopping malls with over 40,000 square metes, OPIN said. OPIN will present its development projects at an oyster press lunch at the international MIPIM 2012 real estate show to be held in Cannes, France, in early March. Prokhorov, the only independent candidate running in Russia’s presidential elections on Sunday, is ranked by Forbes as the country’s third richest man with a fortune of around $18 billion.
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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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