Exchange developing rules for trust listings
SINGAPORE - Arabstoday
Hong Kong Exchanges and Clearing hopes to have the regulatory framework in place to allow business trust listings within the next few months to help level the playing field with Singapore Exchange Ltd, which already allows such listings. "The remaining issues are highly technical, but HKEx hopes they can be resolved soon and that a framework will be ready within the next few months," a spokesman for Hong Kong Exchange said in an e-mail. In March, tycoon Li Ka-Shing listed the ports business of Hutchison Whampoa as a business trust in Singapore, rather than in his home city of Hong Kong. from / Gulf News
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London - 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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