July, 2016

• 23 July

  The 2016 sovereign MENA art prize launched in UAE

    Dubai / Emirates Business The Sovereign Art Foundation launched its coveted Art Prize in the MENA region, the most prestigious art prize for contemporary artists, in association with START. Having executed 12 successful years of Art Prize events in Asia, most notably Hong Kong, this year the competition will arrive in the UAE for the very first time, culminating ...

  Read More »
• 23 July

  SMEs exempted from bank guarantees to bolster economy

  

    Abu Dhabi / WAM A new decree has been set by the Ministry of Human resources and Emiratisation to exempt small and medium-sized enterprises (SMEs) from bank guarantees by the beginning of October 2016. The new decree supports the initiation of fresh projects and classifies them within the ministry’s first category, according to the stipulated conditions. Saqr Ghobash, Minister of ...

  Read More »
• 23 July

  A reality check from America’s spy chief

  

  WASHINGTON America’s top spymaster offered contrarian assessments of some key issues — warning against “hyping” the threat posed by the Syrian terror group Jabhat al-Nusra, cautioning against administration plans to share intelligence with Russia on Syrian targets, and questioning Turkish claims that last Friday’s coup was organized by a cleric living in America. Director of National Intelligence James Clapper made ...

  Read More »
• 23 July

  Global economy needs G20 push

    Calls for boosting the slowing global economy, dominated G20 forum on Saturday as the declining growth in China and Britain’s vote to leave the European Union (EU) threaten to cut global growth. With their eyes set on turning the slowing economic growth around, central bank chiefs and finance ministers from the world’s top 20 economies met in the southwestern ...

  Read More »
• 23 July

  Is inflation too low? Depends how you look at it

    Conor Sen Those who argue that the U.S. Federal Reserve should keep interest rates low typically point to the same piece of evidence: The central bank’s preferred measure of inflation remains below its 2 percent target, suggesting that the economy still needs stimulus. What they ignore is that during the dot-com and housing booms of the 1990s and 2000s, ...

  Read More »
• 23 July

  Japan-China relations at a crossroads

  Following their assertive actions in the East China Sea in recent years, Chinese foreign policymakers now find themselves under considerable pressure. China’s expansionist strategies in the East and South China Seas have earned Beijing widespread criticism from the international community. When Japanese foreign minister Fumio Kishida visited Beijing in April, his Chinese counterpart, Wang Yi, was not happy. One of ...

  Read More »
• 23 July

  LaLaQueen: The business of ‘Ethical Fashion’

  

    Dubai / EMIRATES BUSINESS Sally Sarieddine, Founder of LaLaQueen, firmly believes that being conscious and ethical is not just the hottest trend in the fashion right now, it is also non-negotiable. Timeless, versatile and full of surprises: LalaQueen is a contemporary, sustainable Middle Eastern handbag label based in Beirut and designed for the travelers, explorers and the boundary breakers. ...

  Read More »
• 23 July

  Has Adidas signed up Alexander Wang?

  

    Relaxnews Alexander Wang is rumoured to be the latest high fashion recruit by sportswear giant Adidas. The designer, known for his attitude-laden urban street style aesthetic, is set to have been working with the brand on a ready-to-wear collection. The collaboration, although unconfirmed by both parties, is expected be revealed this fall during New York Fashion Week, following Wang’s ...

  Read More »
• 23 July

  Colour is power for the Queen

  

    AFP They may look garish for some but Queen Elizabeth II’s brightly-coloured outfits are a power dressing tool that allow her to make an impression. Exhibits at the Buckingham Palace show range from her christening gown to the eye-catching bright green wool-crepe and silk dress she wore at one of her 90th birthday celebrations earlier this year. The queen’s ...

  Read More »
• 23 July

  Louboutin designs sportier outfits for Cuba’s olympic team

  

    AFP He might be known for his stilettoes, but Christian Louboutin’s latest collection is sportier than usual. The luxury shoe designer has teamed up with French e-concept store SportyHenri.com to create the official outfits for the Cuban National Team heading to the 2016 Olympic Games in Rio. The elegant non-performance ensembles will be worn by the delegation of over ...

  Read More »