Qatar central bank cuts interest rates
Doha - QNA
Qatar Central Bank (QCB) cut yesterday its key interest rates by 25-50 basis points in order to boost the banking market and revive the development activity for the private sector so that it can play a vital role in serving the national economy. In a press statement, QCB said that the deposit interest rate (QCBDR) will become under this reduction 0.75% from of 1%, and the lending rate (QCBLR) will become 4.5% from 5%. As a result of this amendment, the bank added that the repurchase rate (REPO) was also cut to 4.5% from 5%. This reduction is the second in 2011 since April.
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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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