Bulgaria's number 4 bank loses key permit
Arab Today
Bulgaria's central bank said Thursday it has revoked a key permit allowing the country's fourth-largest lender to boost its capital, likely clearing the way for the loss of its banking licence and bankruptcy.
"The BNB governing council revoked the permit issued to Corporate Commercial Bank ... allowing it to include in its Tier 2 capital the leva equivalent of a 35-million-euro loan," the central bank said in a statement.
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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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