Orascom Development 2010 net profit drops 11 pct
Cairo - Arabstoday
Real estate and hotels firm Orascom Development said on Friday its 2010 net profit after non-controlling interests declined by 11 percent year-on-year to 94.9 million Swiss francs. The Swiss-listed company, known mostly for building luxury resorts, posted net profit of 106.5 million francs in 2009. Orascom, whose main presence is in Egypt, said its 2010 total consolidated revenues fell 12 percent to 516.1 million francs from 586.1 million francs a year earlier.
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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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