Billionaires club: The Arab world boasts 36 billionaires with a combined total net worth of $121.3 billion

According to Forbes Middle East, Arab billionaires rankings, the total wealth of the region’s billionaires rose to $121.3bn from last year’s figure of $117.6bn. Saudi Arabia and Lebanon led the way on the list with eight billionaires each. Topping the ranking was Saudi Arabia’s Prince Alwaleed Bin Talal Al Saud with an estimated fortune of … Read more

Indians topped the list of first-time property buyers in Dubai

Indians topped the list of new investors in Dubai properties Dubai’s real estate market is starting to show some signs of a recovery after seeing prices drop by nearly 60 percent in the wake of the economic downturn. House prices in the emirate increased by an average 0.5 percent in 2011, property consultants Knight Frank … Read more

Hennessy’s Wild Rabbit to venture deeper into the digital rabbit hole

“What’s your Wild Rabbit?” Hennessy, the number one selling Cognac brand in the world, unveiled the brand’s new landmark communications campaign, entitled “Wild Rabbit.” Hennessy aims to draw parallels among the journeys of leading icons invarious fields and the paths being forged by those who enjoy Hennessy. Throughout their experience of the new campaign, Hennessy … Read more

Harry Winston luxury segment increased 19% in the prior year

Harry Winston Diamond Corporation Reports Fiscal 2012 Fourth Quarter and Year-End Results Harry Winston Diamond Corporation announced its fourth quarter and year-end results for the period ending January 31, 2012. The annual results highlights include: Rough diamond production for the calendar year 2011 was 6.7 million carats compared to 6.5 million carats in the prior calendar … Read more

The all-new Fisker Atlantic

Fisker Atlantic New York Reveal Event   Fisker Automotive unveiled its all-new model, the Atlantic sedan at New York Automotive Show 2012. This is the latest model in the company’s expanding line up of Electric Vehicle extended range cars. Fisker Automotive hold a special event ahead of the New York Auto Show to share a … Read more

Park Hyatt Hyderabad, the first city Park Hyatt hotel in India

Hyatt Hotels Corporation opened the first city Park Hyatt hotel in India in Hyderabad. The financial, economic and political capital of Andhra Pradesh, Hyderabad is one of the richest cities in India and has been named the second best Indian city for doing business, according to a World Bank Group report. Park Hyatt Hyderabad isthe … Read more