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Arab Fashion Week flaunts ‘ready couture’

  DUBAI / AFP Arab Fashion Week opened on Thursday with hopes of establishing Dubai as a top destination for the “ready couture” genre and as a major fashion capital. It is the first time that a fashion week has been dedicated to the form, described by organisers as a blend of haute couture and ready-to-wear or pret-a-porter. “In Milan, ...

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Sharjah International Book Fair a winning bet on culture

  Sharjah / Emirates Business Sharjah International Book Fair (SIBF) — an annual event organised by Sharjah Book Authority (SBA) — is a shining lodestone for Arab and global culture, successfully bringing together millions of book titles and tens of thousands of visitors, exhibitors and publishers under its umbrella. This year, celebrating its 35th anniversary, SIBF continues to expand its ...

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Spotlight on threats in fintech sector

  DUBAI / Emirates Business Business defence and cyber security specialists Applied Intelligence, part of the global technology and defence group BAE Systems, will host a forum dedicated to revealing the latest threats affecting the fin-tech sector, focusing upon corporate compliance and anti-money laundering (AML) strategies. Set to take place on October 10, the forum brings together local and global ...

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Marrybrown opens outlet in BurJuman Mall

  Emirates Business Leading quick service restaurant chain Marrybrown opened its eight outlet in BurJuman Mall. Hadi Al Abbas of Al Abbas Group was the chief guest at the inaugural ceremony which was held recently. Being Malaysia’s largest homegrown chain with over 400 outlets in Asia, Middle East and Africa, Marrybrown boasts an extensive menu with 100% HALAL food. The ...

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Your key to beat network blind spots and cyber attacks

  Chris Gale / Special to Emirates Business Encrypted traffic accounts for a large and growing percentage of all network traffic. While the adoption of SSL, and its successor, Transport Layer Security (TLS), should be cause for celebration – as encryption improves confidentiality and message integrity – it also puts organizations at risk. This is because hackers can leverage encryption ...

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Saudi Aramco IPO to offer stake in all operations of company

  Bloomberg The world’s biggest oil company is planning to sell shares in the entire business and not just in its refining or distribution operations, its chief executive officer said in an interview. Saudi Arabian Oil Co., known as Saudi Aramco, will announce “very soon” a list of investment banks and consultants advising it on the initial public offering, CEO ...

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Trafigura aims to boost metals trading with post-sanctions Iran

Bloomberg Trafigura Group Ltd., the second-biggest metals trader, wants to increase business with post-sanctions Iran. The Singapore-based trading house is seeking to hire a Persian-speaking executive for its refined metals division to work with its traders to “identify, analyze, assess and propose business opportunities in the Arabian Gulf, especially within the rapidly changing Iranian market,” according to a job posting ...

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IMF board may approve $12bn Egypt loan accord by November

  Bloomberg The International Monetary Fund said its board may be able to approve a $12 billion accord with Egypt by early November, as the country seeks alternative sources of financing to complement the IMF loans. Egypt is making “very good progress” on obtaining about $5 billion to $6 billion of additional funds, and is discussing the issue with Saudi ...

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Oil declines after Russia sees no deal with OPEC next week

  Bloomberg Oil fell below $50 a barrel after Russia cast doubt over a deal any time soon with OPEC, following the group’s pledge to reduce production. Futures slipped 1.3 percent in New York after closing above $50 for the first time since June on Thursday. OPEC agreed in Algiers last week to cut output in a bid to shrink ...

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A gas market ‘mystery’ floating in the Mediterranean

  Bloomberg A liquefied natural gas tanker plying the waters of the Mediterranean has created a guessing game for energy traders. The Maran Gas Delphi has taken a meandering course after loading up on U.S. shale gas a month ago at Cheniere Energy Inc.’s Sabine Pass export terminal in Louisiana. The ship anchored off the coast of Greece for several ...

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