Egypt, Kuwait renew oil supply deal
An oil rig
Egypt - Arab today
Egypt and Kuwait has signed a new multi-billion dollar contract to supply crude oil and petroleum, the state oil company of the Gulf country announced on Wednesday evening.
The contract signed by the Egyptian General Petroleum Corporation (EGPC) and the Kuwait Petroleum Corporation (KPC) is to supply Egypt with 1.5 million barrels of petroleum products per year and 2 million barrels of crude oil per month.
According to the three-year contract, the crude oil will be refined in Egyptian refineries.
Egypt will have a grace period of 180 days to pay for the shipments of fuel products and 270 days for crude oil, according to MENA.
A previous three-year contract between the two countries expired in December
Source: Ahram online
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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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