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Cav Mario Boselli, Honorary President of the Arab Fashion Council, is a prominent figure in the fashion industry worldwide.
April 28, 2015 - 12:51 GMT
Its main objective is to position the Arab world on the international fashion map.
the report projected healthy growth in the GCC economy with the non-oil sector continuing its momentum. (File photo)
April 28, 2015 - 12:44 GMT
Bahrain’s real GDP growth reached 4.5% in 2014.
The impact of the Syrian war on Lebanese trade in services, which dominate Lebanese exports, was difficult to assess, the World Bank said. (File photo)
April 28, 2015 - 08:56 GMT
The study noted that the Syria conflict had no impact on Lebanese merchandise and services exports at the aggregate level.
They were followed by Iran and Russia with totals of 633 million Dhirams ($172 billion) and 509 million Dhirams ($150 million).
April 28, 2015 - 08:21 GMT
Indian nationals have emerged the largest non-Arab investors in Dubai’s real estate market.
Egypt received deposits worth a total of $6 billion from three Gulf nations, Saudi Arabia, the United Arab Emirates and Kuwait. (File photo)
April 27, 2015 - 20:09 GMT
Egypt's foreign reserves are expected to rise to over $20 billion after the recent Gulf deposits.
Despite subdued demand during World Cup and the national election, Brazil experienced an increase of 1.86 per cent in traveller numbers last year. (File photo)
April 27, 2015 - 13:34 GMT
Middle East airlines are playing a major role in providing connectivity to non-traditional destinations from Brazil as an increasing number of Brazilians now seeking newer travel options.
Hundreds of importers and exporters lost millions of dollars worth of goods when rebels pillaged the vast free trade zone. (File photo)
April 27, 2015 - 13:13 GMT
The closure severed its most important trade route to the outside
KSA has been a key market for growth in the Islamic banking industry.
April 27, 2015 - 12:58 GMT
The Islamic banking industry in the Kingdom of Saudi Arabia (KSA) is set to achieve $683 billion of Shariah-compliant assets by 2019.
Out of a total of 27 companies traded on the exchange, shares of 18 companies rose, while shares of five companies fell (File photo).
April 27, 2015 - 04:55 GMT
The Dubai index may consolidate in a range with a tough resistance at the keenly-watched 4,200 level.
Riyadh’s hotel market also saw year-to-February occupancy rates remain stable at 64 per cent (File photo).
April 26, 2015 - 21:10 GMT
Saudi Arabia’s hospitality market can expect to witness high levels of new supply over the next three years.
Lebanon continues to be beset by structural bottlenecks such as electricity, water, transportation and telecommunications (File photo).
April 26, 2015 - 16:44 GMT
Policymakers need to urgently address Lebanon’s longstanding and worsening structural bottlenecks