Qatar fund eyes Eni’s Snam stake
Rome - Arabstoday
Italian oil and gas major Eni has received expressions of interest from sovereign funds, including from Qatar, for a 22.5% stake in Snam that it must sell to exit investment in the gas grid operator, an Eni source said yesterday. ”Several sovereign funds have expressed a preliminary interest that Eni will evaluate,” the source said. The Italian government in May gave Eni 18 months to sell its controlling 52.5% holding in Snam as part of plans to boost competition and reduce energy prices. Italian financial daily Il Sole 24 Ore said that sovereign funds from Qatar and Abu Dhabi had made expressions of interest for stakes in Snam in recent weeks. An Eni spokesman declined to comment on the report.
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Paris - Emiratesvoice
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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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to 'eternal style' of late Alaia
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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