Zain confirms dividend
Kuwait City - Arabstoday
Kuwait telecoms group Zain agreed to issue a dividend of 65 fils per share and said it would back a subscription by its Saudi affiliate. Zain Chairman Assad Al-Banwan confirmed the 2011 dividend at its annual general meeting. Meanwhile, the Kuwaiti telco’s deputy chairman said it would guarantee any new issues made by Zain Saudi. “We will guarantee the shares,” Abdulaziz Al-Nafisi said at the shareholder meeting. Zain Saudi has said it wants to cut its capital by 66 percent to alleviate mounting losses and then issue 6 billion riyals of new shares. The new equity would be used to reduce bank debt and enhance the operator’s network, it said last year.
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Bucharest - SANA
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Moscow - TASS
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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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