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
Low Spanish and Japan sales in 2011 weigh on French foie gras exports, as the French producers reported a fell of 8 percent for last year. A small rise in sales within France, pegged at 1.1 percent in volume in supermarkets, however, meant that overall sales of French foie gras in 2011 were about flat, … Read more
BMW opens its biggest showroom in UAE German luxury car maker BMW is showing its commitment to the Middle East and opens its largest showroom in the world in Abu Dhabi. The 35,000 sq m facility can accommodate the display of 80 new and pre-owned cars, 10 motorcycles, and features a private cinema-style theatre, Gloria … Read more
Perhaps the world would be a friendlier, more peaceful place if everyone shared a sheesha with their fellow beings once in awhile, considers Swiss high-end lifestyle brand Étienne LeRoy that creates one of the best sheesha on the market. Sheesha, shisha, narghile, hookah, hubbly-bubbly… there are many names for the traditional water pipe, and they … Read more
Al Habtoor to build $1.3bn Dubai hotel and leisure complex Extra rooms on the Dubai hotel scene UAE-based conglomerate Al Habtoor Group has unveiled ‘Habtoor Palace’, a US $1.33 billion hotel and theatre mega-project to be built on the 1 million sqft site of the Metropolitan Hotel, one of the emirate’s oldest properties. The three … Read more
Wood Mystique – the first unisex superluxe fragrance by Estee Lauder Estée Lauder launched the brand’s first unisex fragrance created specifically for Middle East consumers. The new superluxe fragrance is called Wood Mystique – an Oriental wood composition with costly ingredients including Egyptian Jasmine Absolute, Mimosa Provence Absolute, Orris Morocco and Rose de Mai Absolute, … Read more