Egypt: Deficit not to exceed $24 billion
Cairo - Arabstoday
Egypt’s finance minister denied a report published on Monday that the government had raised its budget deficit forecast for this fiscal year to 150 billion Egyptian pounds. Recent reform measures taken by the government to get the deficit under control had succeeded, in a statement on his ministry’s website. The size of the deficit was not expected to exceed 144 billion Egyptian pounds ($24 billion), and not 150 million as mentioned by some media, he said. The state MENA news agency quoted Deputy Finance Minister Abdul-Aziz Mohamed Tantawy.
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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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