Bloomberg After seven decades in the fashion industry, Pierre Cardin will have you know that he’s in no rush to get out. His eponymous label has been for sale for a quarter of a century, though don’t bother haggling over the price: the fashion designer who pioneered brand licensing won’t entertain offers below 1 billion euros ($1.04 billion). “If …

  Abu Dhabi / Emirates Business HE Engineer Sultan bin Saeed Al Mansouri, Minister of Economy, recently met Tatarstan President Rustam Minnikhanov to discuss ways to reinforce their bilateral economic and trade relations and opportunities for mutually beneficial investments. The meeting, which was held at Burj Al Arab Hotel in Dubai, was attended by HE Abdullah bin Ahmed Al Saleh, …

  Dubai / Emirates Business His Excellency Mohammed Al Gergawi, Vice Chairman of the Board of Trustees, and Managing Director of Dubai Future Foundation, emphasized that a positive innovative approach to address future challenges, is the most important learning from HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President Prime Minister and Ruler of Dubai. HE said that His …

  Abu Dhabi / Emirates Business The Abu Dhabi Food Festival (ADFF) 2016 has successfully concluded, having welcomed more than 29,000 visitors and food lovers from the region, contributing to positioning Abu Dhabi as a global culinary hub. Organised by Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), the food festival, which ran from December 5-23 across the emirate, …

  Sharjah / Emirates Business The fourth edition of the Sharjah World Music Festival (SWMF 2017), organised by Furat Qaddouri Music Centre and sponsored by Sharjah Investment and Development Authority (Shurooq), announced that it will be holding an eight-day talent hunt on the sidelines of the event to discover the festival-goers most gifted pianists. The competition, from January 7-14, will …

  Dubai / WAM The Waste Management Department of Dubai Municipality (DM) has collected 27 tonnes of waste from the New Year celebrations sites, which include Burj Khalifa, Business Bay area, Jumeirah beach, Dubai Marina and Dubai Water Canal, in addition to Jumeirah Street. Last year, the Municipality had collected 20 tonnes of waste on the occasion. Abdul Majeed Sifai, Director of …

  Dubai / Emirates Business Dubai-based property developer Shaikhani Group has handed over 224 units in 2016 – a somewhat challenging year for the industry – when the company also announced the AED220 million Gardenia Residency, part of AED2 billion project announcement that will keep the developer busy well beyond Expo 2020. Mahmood Abu Baker Shaikhani, Managing Director of Shaikhani …

For America, 2016 was a dark year. The country was still at war. Our election was a brutal grudge match that left us more polarized than ever. Our closest allies were rocked by terrorism and turmoil. Adversaries toyed with our politics. Even the basic facts about life and science seemed to be in dispute. However you voted, this was a …

  What do retailers want? Apparently, new Chief Financial Officers (CFO). Neiman Marcus Group Inc. is on the hunt for a new CFO. So are Kohl’s Corp., Coach Inc. and Nordstrom Inc. Whole Foods Market Inc.’s CFO of 29 years — and the longest-serving female CFO in the Fortune 500 — will be leaving next year. In fact, the finance …

  President Barack Obama’s imposition of sweeping new sanctions against Russian spies is long overdue, risky and tarnished by political calculation. It is also the right thing to do. The Obama administration expelled 35 suspected spies and their families out of the country; sanction two intelligence agencies, four intelligence officers, three companies and two alleged hackers; shut two compounds used …