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Investing in Entertainment: Business Focus

Investing in Entertainment: Business Focus Watch KTN Streaming LIVE from Kenya 24/7 on http://www.ktnkenya.tv Follow us on http://www.twitter.com/ktnkenya Li… Continue reading

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UAE, Russia in $5 billion investment deal

UAE, Russia in $5 billion investment deal (Wam) / 13 September 2013 The UAE on Thursday signed an accord to invest five billion dollars in Russian infrastructure projects. Gen. Shaikh Mohammed shakes hands with Russian President Vladimir Putin during their meeting at the Novo-Ogaryovo state residence, outside Moscow, on Thursday. —  Wam A memorandum of intent to establish a partnership between the Department of Finance (DoF) in Abu Dhabi and the Russian Direct Investment Fund (RDIF) for investment in Russian infrastructure projects was signed at the Kremlin on the sidelines of a meeting between General Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Russian President Vladimir Putin. Gen Shaikh Mohammed and Putin discussed bilateral relations, expansion and diversification of economic partnerships and investment opportunities. The discussions took place as Putin received Gen Shaikh Mohammed at Novo-Ogaryovo, the state residence of the Russian President. Putin welcomed the UAE leader and expressed his pleasure at meeting him and discussing matters of common interest. Gen Shaikh Mohammed conveyed to Putin greetings from the UAE President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, and his best wishes for further progress and prosperity for the people of Russia. The meeting, which was attended by Foreign Minister Shaikh Abdullah bin Zayed Al Nahyan, also discussed developments in the Arab Gulf region and the Middle East. Following the meeting, Putin held a lunch banquet in honour of Gen Shaikh Mohammed and his accompanying delegation. The investment accord was signed by Hamad Mohammed Al Hur Al Suwaidi, chairman of the Abu Dhabi Finance Department, and RDIF chief executive Kirill Dmitriev. Speaking on the occasion, Al Suwaidi said: “The signing of the memorandum and our commitment to an investment of up to five billion dollars reflect our confidence of returns that can be derived from this investment. We expect a very fruitful partnership through the exchange of expertise with the RDIF.” The investment project aims to open new avenues for joint cooperation that would contribute to the strengthening of bilateral relations. The structure and governance of the joint project and other conditions will be concluded before the end of the year. Continue reading

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‘Happy New Year’ cast in Emirati attire

Actor Shah Rukh Khan and the team of “Happy New Year” who are shooting in Dubai donned traditional wear – Kandoura and Abaya- for a press met here. ‘The idea of donning up this local look comes from Abhishek Bachchan so we all would thank him for that. We are happy to be dressed like this… when we looked at mirror, many of us look like locals,” Shah Rukh said during the press conference to announce collaboration with Dubai Film and TV Commission. While Shah Rukh walked the press conference donning a black Kandoura, rest of the actors wore the traditional white Kandoura. Leading ladies Deepika Padukone and Farah Khan wore black Abaya. Shah Rukh says it’s a wonderful experience to shoot in Dubai. ”Dubai is a beautiful city. It has a great scenic balance of ancient and modern architecture. It’s not just the shopping capital of the Middle East but is a perfect location for a film shoot. We have been shooting for our film since Sep 2 nd Dubai is like home for me and I have loved every bit of experience of shooting for ‘Happy New Year’ here.” Dubai Film and TV Commission in collaboration with Atlantis, The Palm are extending their full support for the smooth production of the hotly-anticipated Bollywood film. The first schedule of “Happy New Year” which is currently going on in Dubai will perhaps continue till Sep 25. Dubai Film and TV Commission chairman Jamal Al Sharif said: “’Happy New Year’ is a true mark of success that can be achieved through the collaboration of public and private entities in Dubai. ”In close partnership with Atlantis, The Palm Emirates and DTCM, we are delighted to help facilities the latest venture from Farah Khan and Red Chillies Entertainments, and showcase Dubai as a world class filming destination.” Directed by Farah Khan, “Happy New Year” features Shah Rukh and Deepika in lead. Continue reading

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