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  AFP If you’re not yet familiar with the word ‘Greenery’ in fashion terms, then you’re about to be. Pantone has just named the hue its Color of the Year for 2017, and the zesty shade popped up all over the Spring/Summer 2017 catwalks last fall. Greenery is described as “a fresh and zesty yellow-green shade that evokes the first ...

  Relaxnews If your leggings became a wardrobe staple this year, replacing your jeans on rest days and not solely seen on trips to the gym, then consider yourself part of one of 2016’s most fashionable trends: athleisure. So big was the trend that the Merriam-Webster dictionary included ‘athleisure’ as a new word for its 2016 edition, defining it as ...

  Relaxnews Classic staples like cotton, linen, wool, denim, knits, silk and synthetic materials will evidently be on the agenda this spring. However, they won’t be the only fabrics on trend for the spring/summer 2017 season. At the last round of catwalk shows, held fall 2016, designers showcased creations made with more unusual materials or with seasonal updates of fabrics ...

  Nairobi / AFP It was one of the most momentous events in the battle against poaching: 11 giant pyres of elephant tusks going up in flames in Kenya as the world looked on. The largest-ever destruction of ivory, which took place in April, was the pinnacle of efforts to jolt mankind into stopping the slaughter of wildlife, while sending ...

  Ouagadougou/ AFP Thrusting their arm into a box full of hungry mosquitoes, a group of brave volunteers in a Burkina Faso laboratory test an innovative weapon in the fight against malaria — soap. The team behind the “Faso Soap” project aims to create a cheap, accessible product to repel mosquitoes and protect people from a disease that claimed nearly ...

  DUBAI / WAM Trade between the UAE and China is expected to increase to US$60 billion (AED216 billion) by the end of this year, up from $54.8 in 2015, as the UAE is now China’s second largest trading partner in the Middle East and the region’s biggest market for Chinese goods, according to the Dubai Economic Council (DEC). China, ...

  DUBAI / WAM Foreign investors purchased shares worth AED1.8 billion on the Dubai Financial Market (DFM) over the week, while the value of stocks they sold amounted to AED1.9 billion, a DFM report said. The net foreign investment during the period reached AED150.1 million, as aggregate sale. The value of shares bought by foreigner investors comprised 35.6 per cent ...

  ABU DHABI / WAM The National Bank of Abu Dhabi (NBAD) closed the syndication of its US$2 billion club loan facility with a large oversubscription. Commitments of nearly $3 billion were received in syndication from 14 major international banks across Europe, Asia and the United States. However, due to its excellent liquidity position, NBAD will not be increasing the ...

  ABU DAHBI / WAM The Central Bank of the UAE (CBUAE) announced that, as of December 15, it has raised interest rates applied to its Certificates of Deposits in line with increase in interest rates on US Dollar, following the Federal Reserve Board’s decision to increase Federal Funds Rate by 25 basis points. Certificates of Deposit, which CBUAE issues ...

  MUSCAT / WAM The UAE participated in the meeting held on Thursday by Arab tourism ministers in Muscat, Oman to discuss efforts in developing the tourism industry in the Arab region. The UAE delegation at the 19th Arab Ministerial Tourism Council, an affiliate of the Arab League, is headed by Mohammed Khamis Al Muhairi, Under-secretary at the Ministry of ...