Qatar fund eyes UK Marriott hotels
Doha - Arabstoday
Sovereign wealth funds for Qatar and Abu Dhabi are front-runners to acquire 42 UK-based Marriott hotels which are being sold out of administration, sources said yesterday. The hotels are being sold by largely state-owned bank Royal Bank of Scotland Group (RBS). Press reports said the Qatar Investment Authority, which is working on a deal with Blue Coast, an Indian hotels chain, had outbid the Abu Dhabi Investment Authority. RBS took control of the hotels, which were originally owned by hospitality chain Whitbread, after the failure of talks to restructure loans extended by the bank to the previous owner, a consortium that included an Irish real estate fund and an Israeli property investor.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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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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