Chinese developer Sunac to buy $9.3bn of Wanda assets
Chinese developer Sunac to buy $9.3bn of Wanda assets
Shanghai - Arab Today
Property Developer Sunac China Holdings plans to spend $9.3 billion on 76 hotels and a majority stake in 13 other assets from Chinese conglomerate Wanda, the two companies announced on Monday.
They gave little explanation for the deal, but Wanda is among companies that have been the target of official scrutiny into potentially risky loans stemming from an aggressive wave of overseas acquisitions.
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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