ECP cancels auctions of 3 and 5-year bonds
Cairo - Agencies
Egypt's central bank cancelled three-year and five-year re-opened bond auctions worth LE 5 billion ($829 million), the Ministry of Finance said on Monday. The bank auctions the instruments on behalf of the ministry, which had offered LE 3 billion of the three-year notes and LE 2 billion of the five-year. The three-year bond had a 14 per cent coupon and the five-year bond a 14.25 per cent coupon. The central bank gave no reason for the cancellation.
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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