ECP cancels auctions of 3 and 5-year bonds
Cairo - Agencies
Egypt's central bank cancelled three-year and five-year re-opened bond auctions worth LE 5 billion ($829 million), the Ministry of Finance said on Monday. The bank auctions the instruments on behalf of the ministry, which had offered LE 3 billion of the three-year notes and LE 2 billion of the five-year. The three-year bond had a 14 per cent coupon and the five-year bond a 14.25 per cent coupon. The central bank gave no reason for the cancellation.
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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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