Saudi CPC acquires Egypt’s Sphinx glass company for EGP 816M
Egypt’s Sphinx glass company
Cairo - MENA
Construction Products Holding Company (CPC), part of the Saudi Binladin Group, signed a contract on Tuesday to acquire 100% shares of Egypt’s Sphinx Glass company for 816 million pounds.
The two companies held a press conference on Tuesday to announce the acquisition.
The deal is totally estimated at 1.3 billion pounds before excluding debts and liabilities which will be incurred by the Saudi company.
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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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