Doha Bank to issue five-year dollar bonds
Doha - Arabstoday
Qatar’s Doha Bank plans to issue a five-year dollar-denominated bond on Wednesday, with price guidance tightening ahead of the launch in an indication of strong investor demand for the debt sale. Price guidance was revised to a range of 262.5 basis points to 275 basis points over midswaps before books closed, according to arranging banks. Initial guidance was 287.5 basis points over midswaps earlier in the day. Two market sources said Doha Bank, Qatar’s fifth largest lender by market cap, was due to issue a maximum of $500 million from the bond sale. One of the sources added that order books for the bond were in excess of $2 billion.
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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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