Central Bank issues report
$2bn rise in Lebanon\'s FCY assets
Last year, foreign currency assets rose by $1.63bn
Beirut – Georges Chahine
Last year, foreign currency assets rose by $1.63bn Beirut – Georges Chahine The Lebanese Central Bank’s foreign currency assets have seen a $1.99bn increase from the beginning of 2012 to December 15. A periodical report released by the bank also shows that the assets rose from $35.657bn at the end of November to $35.683bn in mid-December, with an increase of $26m. The assets had risen by $435.2m in November and by $56.1m in December, having fallen by $174.35m in September. In 2011, the foreign currency assets rose by $1.63bn, reaching $32.236bn after falling to $30.603bn.
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Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
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Brussels - Muslimchronicle
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Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
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" opened 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 his
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