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Dubai - Arabstoday
Mashreq bank, Dubai's second largest lender by market value, posted a 2 per cent rise in first-quarter earnings, as a fall in provisions outweighed lower total income. Net profit increased to Dh271 million ($73.8m) in the period, up from Dh265.3m a year earlier, a bank statement said. Total income fell 14.3 per cent to Dh937m, and total assets eased 3.3 per cent to Dh76.6 billion. Provisions for loans and advances fell 46 per cent from a year earlier to 176m. In 2011, Mashreq's annual profit rose to Dh820m, from Dh803m in 2010, as impairments fell 32 per cent to Dh1.2bn.
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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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