Jordan secures $70m World Bank loan
Amman - Petra
The Central Bank of Jordan (CBJ) has signed a $70-million loan agreement with the International Bank for Reconstruction and Development (IBRD) to finance for micro, small and medium enterprises at competitive interest rate and through local banks. Under the deal, IBRD will lend the loan to the government and will be re-lent to local banks through which target companies with the receive the funding. The central said the deal stems from its keenness to support micro, small and medium enterprises for their vital role in supporting economic growth, slashing unemployment and fighting poverty. The CBJ said the funding will run through 15 years at an interest rate of 2.5 percent for the fist year.
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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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