South African Rand closes trading week on firm ground
Johannesburg Stock Exchange
Johannesburg - XINHUA
South African rand closed the trading week at Johannesburg Stock Exchange (JSE) down 0.45% at R14.60 to the U.S dollar on Friday.
Equities also performed fairly well. All Share index firmed 0.36% at 53,038.91 while the Top 40 also gained 0.45% at 46,763.08. Industrials also did not disappoint, firming 0.92% at 71,467.92.
However, Financials and Resources closed the week on a sour note. Financials lost 0.01% to close at 15,496.58 while Resources were down 0.88% at 30,655.68.
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Davos - Muslimchronicle
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Sanaa - Muslimchronicle
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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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