Saudi all share index rises 3.79 percent in August
Riyadh - SPA
Saudi All Share Index rose 260.82 points, up 3.79%, ending at 7,139.01 points in August, compared to the previous month of July, 2012. In its monthly report, Saudi Stock Exchange (Tadwul) pointed out that the Index registered a positive increase of 11.24% (721.28 points) since the beginning of the year until the end of August, noting that the total equity market capitalization at the end of August 2012 reached SR 1,418.72 billion (US$ 378.33 billion), an increase of 3.58% over the end of the previous month. It disclosed that the total value of shares traded for the month of August 2012 reached SR 102.80 billion (US$ 27.41 billion), decreasing by 26.07% over the previous month of July.
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With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
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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