LVMH, the world’s biggest luxury group, is to take over Tiffany & Co, the US jeweller famed for its engagement rings and white diamond necklaces, in a $16.2bn deal. Bernard Arnault’s luxury goods empire, with brands such as Louis Vuitton, Dior and Moët & Chandon, announced it had agreed to pay $135 a share in […]
The fourth China-Arab States Expo began on Thursday, offering a good opportunity for both sides to reflect on their fruitful cooperation and solidify their strategic partnership that benefits both parties and the entire world. The exhibition, scheduled for September 5 and 8 in Yinchuan, capital of the autonomous region of Ningxia Hui, northwest China, was […]
Chinese investments in the UAE real estate sector will increase in the coming months and are expected to exceed more than 70 percent by the end of 2019, reinforcing the solid growth in investments with foreign capital in the country. Chinese investments have experienced an increase of 64% between 2016 and 2017 and this trend […]