Dubai / Emirates Business The LG HOM-BOT vacuum cleaner’s popularity is on the rise across the world, reaching a cumulative sales total of one million since first entering the market seven years ago. After its 2003 domestic launch, the HOM-BOT vacuum cleaner was introduced to more than 40 countries beginning with European markets in 2010, across Asia the ...
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Cybersecurity gaps found at American federal agencies
Bloomberg Despite the US government’s steps to tackle cybersecurity threats, hackers continue to target federal agencies and they experienced tens of thousands of incidents last year, according to a White House report. The Trump administration released the Office of Management and Budget’s annual report to Congress on federal cyber performance. Federal agencies weren’t immune to broader trends affecting the ...
Read More »Blue is the color at VIP-studded Paris shows
PARIS / AP It’s no secret that politics infuses fashion — and some critics are interpreting the mania for blue at Paris Fashion Week as a statement of “the blues” about the perceived rise of nationalism across Europe and America. Here are some highlights from Sunday’s star-filled Paris shows — including how a 9-year-old fashionista turned heads at Valentino. ...
Read More »Paris gets Hadid-mania, as Saab and Mugler channel dark, 80s
PARIS / AP It was designer Elie Saab’s first collection since his coup of dressing Meryl Streep for the Oscars following the actress’ high-profile spat with Chanel. The deep blue embellishments of Streep’s lauded Oscars gown were picked up again in Saturday’s fall-winter Paris show, inspired by the magical, romantic ballet Giselle. Meanwhile, Paris Fashion Week went gaga for ...
Read More »Nautical & Floral designs take center stage in the Max’ Spring Collection 2017
Dubai / Emirates Business Max, the largest value fashion brand in the region, has recently launched the latest spring collection for men, women and children with florals and nautical designs taking center stage. This year, for the women’s Spring collection, there is a natural flow of colours developed into a palette that is both transitional and forward-looking. Colours are ...
Read More »Acid victims redefine beauty in Bangladesh fashion show
DHAKA / AP Teen model Shonali Khatun strutted the catwalk as the audience cheered and clapped for a fashion show held in the capital of Bangladesh. But Khatun is no ordinary model, and this was no ordinary show. She and the 14 other models are survivors of acid attacks, common in this South Asian country where spurned lovers or ...
Read More »UAE fastest growing theme park market
DUBAI / WAM The theme parks in the UAE are dialling up the “smart†visitor experience to ensure the country remains one of the world’s fastest growing markets, industry experts announced, ahead of the of the Dubai Entertainment, Amusement, and Leisure Show. The UAE is the dominant market in the Middle East and North Africa, the world’s fastest growing region ...
Read More »â€˜OPEC output cut compliance at 140% in February’
KUWAIT / WAM Compliance of OPEC with an oil output cut exceeded a target, standing at 140 percent in February, while non-OPEC producers’ compliance was 50-60 percent, Kuwaiti Minister of Oil, Water and Electricity Essam Al¬ Marzouq said, the state Kuwait News Agency (KUNA) reported. He attributed OPEC’s compliance to deep production cuts by Saudi Arabia, a voluntary act ...
Read More »No plan to merge with other banks: UNB CEO
Abu Dhabi / WAM The Union National Bank (UNB) has no intention of merging with any other bank, its chief executive officer (CEO) has affirmed. “There are no formal procedures or any intention to merge UNB with any other banking institutions,†Mohammed Nasr Abdeen told reporters after the bank’s Annual General Meeting on Wednesday in Abu Dhabi. The bank ...
Read More »Ex-dividend banks weigh on Abu Dhabi; Egypt outperform
DUBAI / Reuters Most major Gulf stock markets were pulled down on Thursday by a 5 percent overnight slide in oil prices, while Abu Dhabi was hit particularly hard as heavyweights First Gulf Bank and National Bank of Abu Dhabi traded ex-dividend. Abu Dhabi’s stock index dropped 2.9 percent as First Gulf Bank tumbled 8.7 percent and National Bank ...
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