Business

The end of an era: Sonia Rykiel French fashion house goes into liquidation

The end of an era: Sonia Rykiel French fashion house goes into liquidation

27 Jul 2019

The troubled Sonia Rykiel French fashion house - once a symbol the rebellious spirit of Paris in 1968 - on Thursday went into liquidation.

A Paris court ordered the winding up of the loss-making brand founded by the "Queen of Knits" Rykiel, an icon of 1960s revolt against the fashion establishment.

Despite the boom in luxury French fashion, a buyer could not be found to take on the label since it went into receivership in April.

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Amal Al Qubaisi invites Chairman of Russian State Duma to UAE

Amal Al Qubaisi invites Chairman of Russian State Duma to UAE

26 Jul 2019

WAM – Dr. Amal Abdullah Al Qubaisi, Speaker of the Federal National Council, FNC, invited the Chairman of the Russian State Duma to visit the UAE and the FNC, to participate the UAE-Russia Parliamentary Friendship Committee.

She passed on the invitation to Sergey Kuznetsov, Ambassador of Russia to the UAE, during their meeting at the FNC’s headquarters in Abu Dhabi.

Dr. Al Qubaisi highlighted the keenness of the UAE, under the leadership of President His Highness Sheikh Khalifa... Read More

Abu Dhabi court jails Filipino man for promoting terror group ISIS

Abu Dhabi court jails Filipino man for promoting terror group ISIS

26 Jul 2019

A UAE domestic worker who used a string of social media accounts to spread the ideology of terror group ISIS has been jailed for ten years and ordered to pay a Dh2 million fine.

The Filipino man, 30, identified as Hassan D.A.A, was convicted of joining the organisation and promoting its activities through seven social media accounts, five on Facebook and on each on Twitter and instant messaging service, Telegram.

The man will be deported at the end of his sentence, Abu Dhabi... Read More

Cartier presents its newest high jewellery collection, Magnitude

Cartier presents its newest high jewellery collection, Magnitude

25 Jul 2019

In an exhibition space at the 180 The Strand building in central London on end of June, Cartier unveiled Magnitude, its latest high jewelry collection. Rich in color and contrasts, the collection centered around unique pairings of precious and semi-precious gemstones that together assert the force of the storied jeweler’s inventive design and creativity, and the “disruptive” presentation style that Cartier’s audience knows well. 

The gloom of the rain-beaten June day failed to dampen... Read More

China backs UAE's commitment to regional peace and stability: Xi Jinping

China backs UAE's commitment to regional peace and stability: Xi Jinping

25 Jul 2019

WAM – Chinese President Xi Jinping has stressed the significance of peace and stability in the Gulf region for the Middle East as well as for the whole world, saying the region should be an "oasis of security" rather than a new "source of turmoil."

"China backs the UAE's commitment to regional peace and stability," Xi said, calling on all sides concerned to stay calm and exercise restraints, and refrain from opening a "Pandora's box."

"(All sides concerned) should, on the basis... Read More

UAE to send palm tree seeds into space

UAE to send palm tree seeds into space

25 Jul 2019

The palm is one of the UAE’s most prized trees. Its fruit fed generations of people for thousands of years, while its trunk and leaves were used to build homes.

Now the palm is blasting off on a new chapter as the UAE is to send its seeds into orbit on the International Space Station.

The seeds will lift off from Cape Canaveral in Florida on Wednesday at 6.24pm [2.24am on Thursday UAE time] on a Falcon 9 rocket. Operated by SpaceX – the company founded by billionaire Elon Musk... Read More

Get playful with the latest Bvlgari jewels

Get playful with the latest Bvlgari jewels

24 Jul 2019

Bvlgari has firstly reinvented its signature collection with the new eight-piece Bvlgari Bvlgari Classic line, with jewels that can be mixed, stacked and matched.

Nodding to the colourful pop art of the 1970s and 80s, the pieces are all set in 18-karat pink gold and introduce opaque hardstones into the collection for the first time. Single earrings, open bangles and a unique spinning ring design feature discs of red carnelian, green malachite, black onyx and mother-of-pearl.

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Sheikh Zayed Grand Mosque named one of the most popular landmarks in the world

Sheikh Zayed Grand Mosque named one of the most popular landmarks in the world

24 Jul 2019

If you live in the UAE, you will know just how spectacular Abu Dhabi’s Sheikh Zayed Grand Mosque is, and it is not only locals that are captivated by its splendour.

International travellers continue to recognise it as one of the most significant landmarks in the world, with the mosque this week claiming third place among the top 10 landmarks in the world, according to TripAdvisor.

TripAdvisor’s Travellers Choice Awards list considered more than 750 landmarks, in 68 countries... Read More

Emaar executes AED40.5 billion project in Beijing

Emaar executes AED40.5 billion project in Beijing

24 Jul 2019

WAM -- Dubai-based global developer Emaar will jointly implement with Beijing Daxing International Airport an AED40.5 billion (US$11 billion) project including the five square kilometre land area of the 50 sq. km airport.

The move is in line with the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to China.

In a statement to the Emirates News Agency, WAM, Mohamed Alabbar, Chairman of Emaar... Read More

India's Chandrayaan-2 blasts off to the Moon

India's Chandrayaan-2 blasts off to the Moon

23 Jul 2019

Chandrayaan-2, India’s lunar lander, lifted off aboard a rocket from the Satish Dhawan Space Centre on Monday afternoon, a week after the first attempt was aborted in the final hour before launch.

India’s homegrown GSLV-Mark III rocket, standing 43 metres tall and making its first operational flight, roared into space aboard a plume of flame.

The launch window was narrow: a single minute in which to pitch the rocket into the perfect position above the planet. Within half an... Read More

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