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kenresearch1 · 1 year

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UAE Debt Collection Market is Expected to Reach More Than AED 5Bn by 2027 Owing to Rise in digital collection techniques and Improvement in UAE legal system related to debt collection, bankruptcy and insolvency: Ken Research

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UAE Debt Collection Market Ecosystem

Tahseel, First Solution Management Service are the market leaders in UAE Debt Collection Market; the market is highly fragmented consisting of many players. The UAE Debt Collection Market is composed of many players which are operating across the borders and not just within the UAE.

Key Market Findings:

Digital collections are being extensively used which leverages analytics to make the process more

Collection agents are being trained to equip them with latest technology and to adept them to various consumer situations for providing more feasible solutions.

The industry is slowly becoming more customer-centric in its approach.

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IT Policies and Proper Documentation: Companies are maintaining proper documentation and proof for all debt provided by them to corporates and individuals. This makes it much easier for debt collection agencies to recover the debt in case of a default both amicably and legally as well through payment order method. Collection companies which provide settlement plans to debtors have start taking post-dated cheques as a proof for future payment. Changing IT policies require companies to maintain complete confidentiality of client information due to threat of data breach. All this factors will provide more growth to collection industry.

Emphasis on NLP Techniques: Collection agencies are extensively using various speech analytics tools to record and analyse customer conversations. This enables to maintain security and gain insights into client expectations. In addition, the information gathered can further be used for training of employees adapting them to different situations while negotiating and hence, improving their performance which would act as a key growth driver for debt collection companies.

Favorable Changes in UAE Legal System: The new legal system at UAE makes it possible to recover debts via court in merely within 7 days if all the documents are readily available. The new Bankruptcy law also provides safety for debtors and changes the shape of debt collection industry. Ultimately, act as catalysts for the industry.

Analysts at Ken Research in their latest publication- “UAE Debt Collection Market Outlook to 2027- Characterized by fierce competition and high growth prospects” by Ken Research provides a comprehensive analysis of the potential of the debt collection market in UAE. Rise in digital collection techniques and increasing use of AI and ML for recovery predictions are expected to contribute to the market growth over the forecast period.

UAE debt collection market is expected to grow at a robust CAGR over the forecasted period 2022-2027.

Key Segments Covered

Segmentation by Segment

Non-Finance

Finance

Insurance

Segmentation by Type of Firm

Debt Collection Agency

Law Firm

Segmentation by Age of Firm:

0 to 10 yrs

10 to 20 yrs

20 to 30 yrs

Segmentation by Geographical Presence

Abu Dhabi

Dubai

Fujairah

Sharjah

Ajman

Umm Al-Quwain

Ras Al-Khaimah

Sub-segmentation of insurance segment & financing segment

Sub-segmentation of insurance segment:

Motor & Transportation

Property/Fire

Liability & Others

Sub-segmentation of financing segment:

Real State

Personal

Financial institution

Services

Manufacturing

Trade

Others

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Key Target Audience

Existing Debt Collection Companies

Law Firms

Financing Companies

Non-Financing Companies

Insurance Companies

Debt Collection & Management software providers

Government Agencies

Finance Consultants

Others

Time Period Captured in the Report:

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022–2027

Companies Covered:

SUPPLY SIDE:

Debt Collection Companies

Tahseel

CMS

Aman Debt Collection

First Solution

Credit Recovery

AW Holding

Bilkish

Derby Group of Companies

Alpha Debt Collection

Fort Equity

Quick Action

ATDC

com

ALQADA

Law firms/Debt Collection

Taswiyeh

ASKTHELAW

HHS LAWYERS

DUBAI DEBT RECOVERY

STA

AL ROWAAD

AL SAFAR

BIN EID

Regulatory Bodies and Judiciary

Central Bank of the UAE

Judicial Department

DEMAND SIDE:

Insurance companies

Etihad Credit Insuranc

Atradiuse

CIGNA

COFACE

PACIFIC PRIME

MetLIFE

ACE

Emirates RE

Financing companies

Emirates NBD

ADCB

DUBAI FIRST

Mashreq

Commercial Bank of Dubai

Dubai Islamic Bank

HSBC

RAKBANK

ADIB

FAB

CITYBANK

Non-Finance companies

Etisalat

Emircom

Etihad Water and Electricity

Abu Dhabi Distribution Companies

Emaar

Nakheel

Lufthansa

Choithrams

Asian Paints

Majid UL Futaim

Naseej

Key Topics Covered in the Report

Global Debt Collection Market Overview

Ecosystem of UAE Debt Collection Market – Demand and Supply Side

Value Chain Analysis – Amicable Settlement and Litigation Settlement

Market Size and Segmentation of Debt Collection Industry in UAE, 2017-2022

UAE Debt Collection Market Industry Analysis

Software used in UAE Debt Collection Market

Market Shares of Major Debt Collection Companies in UAE on the basis of Debt Collected, 2022

Competitive Analysis

Future Outlook and Projections, 2022-2027

For More Insights On Market Intelligence, Refer to the Link Below: –

UAE Debt Collection Market Outlook to 2027

Related Reports by Ken Research: –

KSA Debt Collection Market Outlook to FY’2026

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seaireximsolution-blog · 4 months

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Understanding Pakistan Trade Data: A Comprehensive Insight into Import Dynamics

Pakistan, with its strategic geographical location and burgeoning market, plays a significant role in regional and global trade. Analyzing Pakistan trade data is crucial for businesses, policymakers, and researchers to understand the economic landscape, identify trends, and make informed decisions. This article delves into various aspects of Pakistan's trade data, including Pakistan Customs Data, import data, and its broader implications on the economy.

The Importance of Trade Data

Trade data is a vital resource that offers insights into a country's economic activities. It encompasses detailed information on imports, exports, trade balances, and partner countries. For Pakistan, trade data is not just a reflection of its economic health but also a tool for strategizing future growth. By scrutinizing this data, stakeholders can identify opportunities, mitigate risks, and optimize their operations.

Pakistan Trade Data: An Overview

Pakistan trade data includes comprehensive records of all goods and services that are imported into and exported out of the country. This data is meticulously compiled by various government agencies, primarily the Pakistan Bureau of Statistics and Pakistan Customs. It provides valuable insights into the volume, value, and nature of traded commodities, along with information about trading partners.

Key Components of Trade Data

Imports and Exports: This includes the total value and quantity of goods that Pakistan imports and exports. Understanding these figures helps in assessing the trade balance and economic dependencies.

Trade Partners: Identifying major trading partners is crucial for understanding geopolitical and economic relationships. Countries such as China, the United States, the United Arab Emirates, and Saudi Arabia are significant in Pakistan’s trade network.

Commodity Breakdown: Detailed data on the types of goods traded is essential for industry-specific analysis. It covers sectors like textiles, machinery, chemicals, and agricultural products.

Customs Data: Pakistan Customs Data is an integral part of trade data, providing detailed records of all shipments entering or leaving the country. This data is crucial for enforcing trade regulations, collecting tariffs, and combating smuggling.

Pakistan Customs Data: A Closer Look

Pakistan Customs Data is a subset of the broader trade data, focusing specifically on the records maintained by the customs authorities. This data is essential for ensuring compliance with national and international trade laws and regulations. It includes information on:

Import Declarations: Detailed records of goods imported into Pakistan, including the type of goods, their value, origin, and the duties paid.

Export Declarations: Similar to import declarations, these records detail goods exported from Pakistan, providing insights into the country's export capabilities.

Tariff and Tax Information: Data on the duties and taxes levied on imports and exports, which is crucial for revenue generation and policy formulation.

Compliance and Enforcement: Information on compliance with trade regulations, including any penalties or sanctions imposed for violations.

Import Data Pakistan: Insights and Trends

Import data Pakistan is a crucial component of the overall trade data, offering detailed insights into the goods and services that Pakistan brings into the country. This data is essential for understanding consumption patterns, identifying dependencies on foreign goods, and formulating economic policies. Here are some key insights from Pakistan's import data:

Major Imported Commodities

Petroleum Products: Pakistan heavily relies on imported petroleum products to meet its energy needs. This includes crude oil, refined petroleum, and liquefied natural gas (LNG).

Machinery and Equipment: The country imports a significant amount of machinery and industrial equipment, essential for its manufacturing and infrastructure sectors.

Chemicals: Various chemicals, including fertilizers, pharmaceuticals, and industrial chemicals, are imported to support agriculture and industry.

Textiles: Although Pakistan is a major exporter of textiles, it also imports certain textile products and raw materials to meet the demands of its domestic industry.

Food Products: The import of food items, including edible oils, pulses, and dairy products, is crucial for meeting the dietary needs of the population.

Trends and Patterns

Rising Imports: Over the years, Pakistan has seen a steady increase in its import bill, driven by rising demand for energy, machinery, and consumer goods.

Trade Deficit: The growing import bill often results in a trade deficit, where the value of imports exceeds that of exports. This is a significant challenge for the economy.

Diversification of Sources: Pakistan is diversifying its import sources to reduce dependency on a few countries and mitigate risks associated with supply chain disruptions.

The Impact of Trade Data on Pakistan’s Economy

The analysis of Pakistan trade data has profound implications for the country's economy. Here are some key impacts:

Economic Planning and Policy Formulation Trade data is a critical input for economic planning and policy formulation. By analyzing import and export trends, the government can design policies to promote local industries, reduce dependency on imports, and enhance export competitiveness.

Business Strategy For businesses, trade data is an invaluable resource for strategic planning. Companies can identify market opportunities, understand competitive dynamics, and optimize their supply chains based on import-export trends.

Revenue Generation Pakistan Customs Data is essential for revenue generation through tariffs and taxes on imports and exports. Accurate data ensures that the government collects the correct amount of revenue and enforces trade regulations effectively.

Foreign Trade Agreements Understanding trade data helps Pakistan negotiate better terms in foreign trade agreements. By identifying key trade partners and commodities, the country can secure favorable terms and enhance its trade relationships.

Economic Stability A detailed analysis of trade data contributes to economic stability by identifying potential vulnerabilities in the economy. For example, a high dependency on imported energy can be a risk factor, prompting the government to explore alternative energy sources.

Challenges in Analyzing Trade Data

While trade data is a valuable resource, there are several challenges in its analysis:

Data Accuracy: Ensuring the accuracy and reliability of trade data is crucial. Inaccurate data can lead to misguided policies and business strategies.

Timeliness: Trade data needs to be updated regularly to reflect the current economic situation. Delays in data reporting can hinder timely decision-making.

Complexity: Trade data is complex, with numerous variables and dimensions. Analyzing this data requires expertise and sophisticated tools.

Integration: Integrating trade data with other economic indicators is essential for a comprehensive analysis. This requires robust data management systems.

Future Prospects and Recommendations

To harness the full potential of Pakistan trade data, several steps can be taken:

Enhancing Data Quality and Accessibility: Improving the quality and accessibility of trade data is crucial. This can be achieved by investing in modern data collection and management systems, training personnel, and adopting international best practices.

Promoting Data-Driven Decision Making: Encouraging data-driven decision-making among policymakers and businesses is essential. This can be facilitated through workshops, training programs, and collaborations with academic and research institutions.

Leveraging Technology: Leveraging advanced technologies like big data analytics, artificial intelligence, and machine learning can enhance the analysis of trade data. These technologies can help identify patterns, predict trends, and provide actionable insights.

Strengthening International Cooperation: Strengthening international cooperation in trade data exchange can provide a more comprehensive view of global trade dynamics. This can help Pakistan better integrate into the global economy and enhance its trade competitiveness.

Conclusion

Pakistan trade data is a powerful tool that offers valuable insights into the country's economic activities and trade dynamics. By analyzing this data, stakeholders can make informed decisions, formulate effective policies, and drive economic growth. Despite the challenges, there are immense opportunities to leverage trade data for the benefit of the economy. Enhancing data quality, promoting data-driven decision-making, and leveraging advanced technologies are key steps towards realizing the full potential of trade data. As Pakistan continues to grow and evolve, the importance of trade data will only increase, making it an indispensable resource for the future.

Frequently Asked Questions:

Q1: What is Pakistan Trade Data? A1: Pakistan Trade Data includes detailed records of all goods and services imported into and exported from Pakistan. It encompasses information about the volume, value, and nature of traded commodities, as well as details about trading partners.

Q2: Why is analyzing Pakistan trade data important? A2: Analyzing Pakistan trade data is essential for understanding the economic landscape, identifying trends, and making informed decisions. It helps businesses, policymakers, and researchers to strategize future growth, identify opportunities, mitigate risks, and optimize operations.

Q3: Which government agencies compile Pakistan Trade Data? A3: The Pakistan Bureau of Statistics and Pakistan Customs are the primary agencies responsible for compiling Pakistan Trade Data.

Q4: What are the key components of Pakistan Trade Data? A4: The key components include imports and exports, trade partners, commodity breakdown, and customs data. Each component provides specific insights into the trade dynamics of Pakistan.

Q5: What is included in Pakistan Customs Data? A5: Pakistan Customs Data includes import and export declarations, tariff and tax information, and details on compliance and enforcement of trade regulations. It provides detailed records of all shipments entering or leaving the country.

#Pakistan Trade Data #Pakistan import data #Pakistan Custom import data #Import data Pakistan #Pakistan import shipment data #Pakistan Importer data #Pakistan Buyers Data #Pakistan Customs Data #Pakistan Shipment Data #pakistan import data by hs code

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tesla-properties · 5 months

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Tesla Properties is The Best Option to invest in Dubai Real Estate.

Dubai is known to be a city in the heart of United Arab Emirates. But it is also famous for being a sparkling gem when it comes to the innovation and ambition. Dubai has emerged with its towering skyscrapers, luxurious lifestyle, and dynamic economy and became the global hub for business, tourism and business. In the following years the property market of Dubai has collected a significant amount of undivided attention from many investors worldwide. The investors are ready to offer any unparalleled opportunities for those seeking to capitalize on its thriving Real Estate Agency in Dubai.

If we are to discuss about real estate investments, then the question begins with why should we choose Dubai as an ideal place for investing. Firstly, its location. The strategic location at which it presents in between the crossroads of East and West position, it already acts like as the global hub for all the business. This main reason is enough to attract attention from diverse pool of investors and expatriates. Additionally, this city is very tax-friendly, which automatically makes it more business friendly and profitable for any kind of investors. Dubai's business-friendly policies, tax incentives, and regulatory framework provide a conducive environment for Property Investment in Dubai, fostering confidence among stakeholders.

Furthermore, Dubai's robust infrastructure, world-class amenities, and cosmopolitan lifestyle appeal to a broad spectrum of residents and investors alike. Dubai has a market for both luxury waterfront villa which comes under high-end apartments and also commercial offices under some lesser budget. It caters to everyone’s preferences and budget. It does not matter if you are already a veteran investor or a new fresher in the investing market, this market will never disappoint you.

Trends in real estate market is something that helps to rebuild and reshape the market. In recent years, several trends have shaped the Dubai Real Estate market, presenting both challenges and opportunities for investors. One of the most famous trends among all the trend is to increase the demand which will help to establish sustainable and eco-friendly developments. There are many developers in Dubai whose goals aligned with this trend and they respond to this trend by incorporating green building practices and renewable energy solutions into their projects, positioning with the city's vision for a sustainable future.

Moreover, the initiation of technology and digitalization has revolutionized. It has changed the way real estate transactions are conducted in Dubai. With the rise of many online platforms, virtual property tours, and digital payment systems, investors can now explore and Buy Property in Dubai from anywhere in the world. This helps in enhancing accessibility and convenience for the investors.

For any kind of real estate investment, Dubai became the most ideal place due to various reasons including myriad of opportunities across residential, commercial, and hospitality segments. Those who wants to invest in residential properties offers a wide spectrum of housing options ranging from family and budget friendly communities with world-class amenities and recreational facilities to high end Luxury Apartments in Dubai such as the Burj Khalifa and Palm Jumeirah.

Commercial investors can capitalize on Dubai's thriving business landscape by acquiring office spaces in prime locations such as Downtown Dubai andx Dubai Marina, catering to the needs of multinational corporations and emerging startups alike. Additionally, the hospitality sector presents profitable opportunities for investors looking to capitalize on Dubai's booming tourism industry, with a plethora of hotel and serviced apartment projects underway to accommodate the city's growing influx of visitors.

While this is a golden opportunity to invest in the real estate properties of Dubai, there are some points that the investors should consider. Investors should exercise due diligence and consider several factors before diving into the market. Before investing in any of the properties they should conduct proper research on the current and future market trends, regulatory requirements and the potential of the investment. These kinds of additional perspective will help in mitigating the risk and maximizing the returns.

Tesla Properties stand as a beacon of opportunity in the global investment landscape, offering investors a gateway to lucrative returns and sustainable growth. With its strategic location, visionary leadership, and vibrant economy, Dubai continues to attract investors from around the world seeking to be part of its remarkable journey.

#realestate #sales #dubai #apartament #home

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accountingagencydubai · 6 months

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Year-End Accounting in the UAE

Key Guidelines for Year-End Accounting:

Compliance with regulatory standards, tax rules, and strategic planning is crucial.

Ensuring accurate financial reporting and compliance with tax laws is essential.

Adequate preparation for audits and meeting financial goals is necessary.

Year-End Accounting & Bookkeeping Document Checklist:

Reviewing financial statements: This involves analyzing income, balance, and cash flow statements.

Compiling payments: This includes making reports and documenting efforts to collect payments.

Reconciling accounts: This entails comparing internal financial data with external statements.

Inventory Valuation: Assigning a value to the stock on hand and valuing inventory are important tasks.

Audit Requirements:

Companies in the UAE are subject to audit requirements.

Audits are conducted in line with International Standards on Auditing (ISA).

Companies must appoint registered auditors and issue an audit report.

Asset Depreciation: Businesses must review and update depreciation schedules for fixed assets.

Effective Communication with Stakeholders:

Companies must provide financial information to shareholders, regulators, and other stakeholders.

Clear communication builds stakeholder trust, aids compliance, and enhances the company's reputation and sustainability.

Budget Review and Planning:

Companies review their budgets to optimize resource use and mitigate risks.

Forward-looking budget planning is conducted with input from various departments and stakeholders.

Tax Compliance:

Companies prepare and file annual tax returns with the Federal Tax Authority (FTA) or the tax authorities of the relevant emirate.

Companies must adhere to UAE tax laws, including Value Added Tax (VAT) and corporate income tax.

Future Planning and Strategy:

Planning and strategy are pivotal to year-end accounting in the UAE.

Companies set clear objectives, analyze market trends, and make informed decisions.

Analysis of key performance indicators (KPIs) and evaluation of investment opportunities improve resource allocation, efficiency, and enable seizing new opportunities.

#bookkeeping #charted accountant #tax services #accountingserviceinsharjah #bookkeepingcompanyinuae

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sarkos · 5 years

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The Guardian has previously reported on the growing trend for billionaires installing world-renowned masterpieces on their superyachts. Sheikh Mansour bin Zayed al-Nahyan, the owner of Manchester City and deputy prime minister of the United Arab Emirates, has several hundred pieces aboard his £350m superyacht, Topaz.

A reporter looking in the windows of Joe Lewis’s £200m superyacht, Aviva, when it moored on the Thames last year, discovered that Francis Bacon’s Triptych 1974–1977 was hanging in gold frames on the lower deck. The painting, whose subject is the death of Bacon’s lover George Dyer, was included in Tate Britain’s blockbuster Bacon and Freud exhibition last summer.

The British-born Lewis, who has an estimated £3.9bn fortune, owns a majority stake in Tottenham football club and lives in the tax-friendly Bahamas, has what he describes as “one of the largest private art collections in the world”. It includes paintings by Degas, Freud, Klimt, Modigliani, Matisse and Picasso, and sculptures by Moore, Degas and Di Modica. It is not known which are kept on his yacht.

#art #that's a hell of a bug out bag

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humd21 · 3 years

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New Tax Laws in UAE

An income tax law is a set of rules that provide a public authority with the right to claim part of a taxpayer’s income or property. Taxation is generally recognized as a right of governments. In general, the tax law of a country is unique to it, although there are similarities and elements that are common to several nations. Unlike its financial, economic, or other aspects, tax laws address only the legal aspects of taxation. It is a relatively recent phenomenon that tax law has developed into a comprehensive, general system.

There are seven emirates in the UAE, each with its own government and emirate. According to the Ministry of Finance (Ministry) of the United Arab Emirates (UAE), a federal corporation tax regime will be implemented in the UAE for the first time in 2022. They announced that the United Arab Emirates government will levy a federal corporation tax on company earnings. Legislation and executive rules on federal corporation tax are expected to be announced soon. Each state has issued a new tax law, but essentially, these regulations are enforced only by international banks and oil companies.

The UAE does not levy income tax on individuals. However, oil companies and foreign banks are subject to a corporate tax. Specific goods that will likely harm human health or the environment will be subject to an excise tax. The government levies Value Added Tax (VAT) on most items and services.

The new tax law is the current trending topic in the UAE. Abu Dhabi announced last month that it will impose a 9% tax on commercial earnings. Consequently, profits of less than 375,000 Emirati dirhams ($102,000) would continue to be exempt from taxation. Originally, the UAE had no business taxes, making the Saudi government especially attractive to large corporations.

According to the UAE’s Minister of Entrepreneurship, the government will lower fees before introducing a tax on company profits, which will benefit startups as well as small and medium-sized firms. The corporation tax would be imposed on all UAE firms and commercial activities carried out by legal organizations or people in all seven emirates. Natural resource exploitation will continue to be subject to a region corporate tax.

The country’s statutory tax rate will be 9% for income taxes surpassing 375,000 UAE dirhams ($102,000), and nil for tax liability up to that sum. “To support small businesses and startups,” the ministry said, adding that “the UAE corporate tax regime will be amongst the most competitive in the world.”

The announcement marks a momentous shift for a country that has long lured enterprises from all over the world due to its reputation as a tax-free trade powerhouse. The corporation tax is planned to go into effect from June 1, 2023, businesses will be subject to the new tax law and will apply to earnings made during fiscal years beginning. The UAE government and Federal Tax Authority will be in charge of administering, collecting, and enforcing corporation tax in accordance with the Ministry’s laws and regulations.

Companies formed in the UAE’s free trade zones or monetary free sectors will be subject to government corporation taxation as well. Moreover, the relevant free zone authority’s regulatory framework indicates that such enterprises are likely to benefit from appropriate tax cuts and rewards, as defined in the regulations.

For example, the Dubai International Finance Centre (DIFC) legislation and the Abu Dhabi Global Market (ADGM) law both specify that a DIFC- or ADGM-incorporated firm is subject to a 0% tax rate for 50 years from the day the law in question takes effect. As a result, firms formed in the DIFC and ADGM may anticipate paying no taxes until 2071 and 2063, respectively.

Corporate tax will not apply to:

Salary or income is earned through employment. Nevertheless, individuals who earn income from free-lance activities will be required to pay corporate tax.

An individual may invest in real estate in their personal capacity, as long as they do not require a permit or license to do so.

Income from your personal ownership of shares or other securities, including dividends, capital gains, and other income.

Deposits in banks or savings schemes provide an individual with interest and other income.

Several industries generate the majority of taxes in Dubai. It is unexpected to find income tax being the primary source of revenue for Dubai, given that the city-state is known for avoiding imposing new taxes. It is true that the vast majority of Dubai’s inhabitants do not pay income tax. This does not imply everybody is exempt from paying taxes. Several categories of selected companies are required to pay tax. The oil industry is by far the most visible on the list. Oil companies are taxed at a colossal 55% rate. Given that Dubai’s economy is based mostly on oil, this is a massive sum.

In addition, Dubai taxes the profits of international banks operating in the country. This tax is charged at a low 20% rate. Moreover, considering the amount of trade, the UAE government still collects a substantial amount of money from these levies.

The imposition of a corporation tax in the UAE will likely have an influence on business operations, structures, and future mergers and acquisitions in the UAE. We encourage firms to evaluate their current structures and activities in order to implement the most efficient company structures and patterns in perspective of the CT Law requirements once they are released and in force.

The new shift will have an impact on businesses throughout the UAE. However, it will have a significant influence on the UAE’s economy and growth. More business equals greater development, and greater business means more need for customized goods. As a result, Humd is preparing to take on more business while helping other businesses! In addition to customized products, we cater to startups, small and medium businesses to design and print sustainably products like promotional products, marketing items, packaging, corporate gifts, etc. Offline print companies in UAE allow you to customize products and services based on different factors, including prices, availability, reviews, and location.

#news #uae #blogs #trend #trending #sustainability #economy #customized

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sohaibahmadu · 3 years

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Rupee Makes Gains Against the US Dollar on a Friday Again

The Pakistani Rupee recovered from yesterday’s record low against the US Dollar today. Following the trend from previous weeks, the rupee closed the week with small gains and appreciated by 18 paisas against the dollar to close at 170.48.

The local currency appreciated after logging consecutive record lows over the last few days. On Thursday, it slid to a new all-time low against the US Dollar (USD) at 170.66 after closing the day at over 170 for the first time ever on Wednesday.

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HBL Mobile and Internet Banking Down Yet Again

The PKR also gained 32 paisas against the Pound Sterling (GBP), and 13 paisas against the Australian Dollar (AUD).

In contrast, it depreciated 69 paisas against the Euro, two paisas against the Canadian Dollar (CAD), and five paisas each against the Saudi Riyal (SAR) and the United Arab Emirates Dirham (AED).

The post Rupee Makes Gains Against the US Dollar on a Friday Again appeared first on .

source https://propakistani.pk/2021/10/01/rupee-makes-gains-against-the-us-dollar-on-a-friday-again/

#Technology #technews #Tech #Today #Reviews #Telecom #Business #Social #sports #Howto #Education

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pugold · 3 years

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TOP 5 JEWELLERY SHOPS IN DUBAI

Dubai, United Emirates Arab, is also popular by its alternative name given to it by the jewellery industry. It is also known as the City of Gold. Why so, if you may ask? Dubai has emerged as one of the best places that offer pure quality gold and that too at a very affordable price. Owing to this, its importance and place in the gold, as well as jewellery market, has been significant. The demand is crazy high and so there are several jewellery shops in Dubai that can offer you the best of what you ask for!

To address the question about low prices and yet the best quality of gold and jewellery, the answer lies in various factors. Firstly, Dubai, the City of Gold, proves to have a heart of gold too! The city has adopted a tax exemption policy on gold which allows the price to dip. Also, adding to this, the best quality of these metals is assured because all the jewellery shops in Dubai are obligated to run authorization with the government and have hallmarks on each item so that the quality is never compromised.

There are researches that show that in Gold Souk (local gold market in Dubai) there is an average demand of 10 tonnes of gold on a daily basis! Isn’t that fascinating? Given this steep high demand for gold in the city of gold, there are several numbers of jewellery shops in Dubai. Here is a list of our top favorites.

1. PURE GOLD JEWELLERS

When you talk about timeless beauty and magnificent designs in pieces of jewellery, you cannot leave Pure Gold Jewellers unnoticed. They were set in 1989 and since then they haven’t looked back. From a single-room store to now a global brand, Pure Gold Jewellers have come a long way. You can see the sheer passion they have for the craft of jewellery making. Their designs are unique, sophisticated, graceful, and always personify elegance. They seem like they were created to stand out and make you stand out. Whatever your style, Pure Gold has got you covered. From soft delicate jewellery to bold statement-makers, Pure Gold has everything you desire for. The gold and diamond jewellery they have is assured to have the best quality materials used, with a soft-handedly crafted design. They also offer personalization and customization to suit your requirement. From rings, earrings, pendants to bracelets and watches, their collections are here to steal your heart. Pure Gold Jewellers is undoubtedly one of the best jewellery shops in Dubai.

2. TANISHQ JEWELLERY

Tanishq Jewellery is a TATA product. When we talk about Tanishq, we talk about quality uncompromised. Needless to say, that Tanishq is one of the most trusted jewellery brands to ever exist. Apart from the top-notch quality, Tanishq also doesn’t leave any stones unturned when it comes to its jewellery designs. You can spot a Tanishq jewellery or jewellery set from a bunch of pieces of jewellery because they are made to catch your eyes. These designs are a treat to wear, it just feels right. When you buy a Tanishq jewellery piece or a jewellery set, you can be assured that you have laid your trust in the right place.

3. KALYAN JEWELLERS

Another top pick in our list is the Kalyan Jewellers. Originally, the brand started out in the country of culture, India. They deal in traditional designs that get their fair share of modern touches. Blending our modern contemporary designs with the magic of the traditional designs is what we love the most about the Kalyan Jewellers. They offer a wide range of jewellery and jewellery designs that are all yours to love and explore. Gold jewellery is a USP for Kalyan Jewellers and is definitely worth checking out.

4. CARA JEWELLERS

Cara Jewellers is another good pick stop to engage in for your gold and jewellery shopping in Dubai. Amongst the best jewellery shops in Dubai, Cara Jewellers is one. Offering a variety of jewellery in gold, diamond, precious stones, semi-precious stones, Cara Jewellers have made their mark in the jewellery market. They have also opened up to the international audience of jewellery lovers by offering their services online. You can purchase your favorite pick online and get it speedy delivered to your doorstep. The store has also gained significant popularity in Dubai and is considered one of the best places to buy gold and other pieces of jewellery from in Dubai.

5. LIALI JEWELLERY

Liali Jewellery is a very popular jewellery shop in Dubai. It specializes in handcrafted jewellery and jewellery designs. They have such an interesting range of designs and ideas for the jewellery which makes them really unique. They have the classics, timeless beauties along with the contemporary modern jewellery and jewellery set designs. It is famous for keeping up with the latest trends in the jewellery market which makes it worth exploring. The variety and range that Liali Jewellery offers is so wide that there is definitely something for everyone on the table. You should definitely check Liali Jewellery out if unique, trendy, and innovative is your brief for your favorite jewellery or jewellery designs.

These were our top five picks for the best jewellery shops in Dubai. There are several other jewellery shops in Dubai that are equally amazing like Damas Jewellers, La Marquise Jewellery, and also the market Gold Souk is a charm.

We realize the significance that jewellery holds in our culture as well as in our lives, so it is important to get the best from the best for the best. We hope this list of our top recommended jewellery shops in Dubai is a little helpful and we can become a small part in your jewellery shopping journey. We would love to know from you about your experience of jewellery shopping in these top picks in our list. Hope you find everything and more that you are looking for in your dream jewellery and pieces of jewellery. Happy Jewellery Shopping.

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farukhislam · 4 years

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REITS FOCUSED ON DIFC- STATUS QUO AND FUTURE DEVELOPMENTS

After the enactment of the related REIT regulations by the Dubai International Financial Centre (DIFC) in 2006, the DIFC has allowed REIT trusts or companies to be formed within its perimeter. As DIFC-based property funds and REITs are now gaining considerably in the interest of investors, it is time to take a closer look at the deciding factors and the options available.

The DIFC of Dubai has established itself as the prime financial jurisdiction of the country, offering a robust legal system of common law and thus being the home of choice for many systems of property funds. REIT entities are, pursuant to the DIFC regulations, a subset of property funds specified by the collective investment rules of the DFSA and characterized by the following features:

· Requirement for 80% of annual profits to be allocated

· Diversified investment in real estate

· Closed-ended (no redemption) structure

· Established property shall not exceed 30 percent of the NAV of the Fund

· Restricted debt (maximum Gross Asset Value of 50 per cent)

· Compulsory Listing

· The fund manager has to be supervised (or equivalent) by the DFSA.

· Possible use of the arrangement of corporate or trust funds.

REITs have gained popularity in the area only recently, with “Emirates REIT” becoming the first of its kind to go public on the NASDAQ marketplace in Dubai in 2014. EmiratesNBD bank listed its ENBD REIT in early 2017, just as the former was also based in the International Financial Centre (DIFC) in Dubai.

Fees, Taxes, Legislation

In the absence of withholding or corporate tax in the UAE, an investment in property through a REIT is deemed to be neutral relative to a direct investment. With respect to the newly adopted Value Added Tax (5 per cent) imposed on the sale of commercial property and rentals, both individual and corporate investors have the option of spreading the amount of VAT incurred on the purchase of property over the lifetime of the property (10 years) by offsetting it on an annual basis against the invoiced output VAT on commercial rents or other output VAT from the relevant disclosed output VAT

Within the Emirate of Dubai, a transfer of title carries a price tag of 4% of the acquisition price. The Dubai Land Department has signed an agreement with NASDAQ Dubai to effectively relieve DFSA-regulated or NASDAQ Dubai-listed property funds from the need to charge transfer fees on unit (share) transactions in order to avoid charges being imposed a second time at shareholder level.

Districts and incorporated buildings are normally divided into designated (freehold) and non-designated areas according to local property laws, although only GCC nationals are authorized to purchase property within the latter. It is noteworthy that REITs can be excluded from this cap, effectively opening the door to foreign (non-GCC) Dubai Investment Real Estate and other Emirates to acquire property.

Measuring efficiency and other obstacles

Operating in a business environment noted for reasonably high asset value volatility, it comes as no surprise those large portions of UAE REIT earnings are extracted from non-cash accounting entries related to property revaluations. Combined with the responsibility to transfer much of the income of the fund, this may lead to a condition in which the fund de facto distributes equity back to the holders of its units.

If the management performance fee is related to NAV growth (often without a hurdle rate), significant remuneration for unrealized gains is charged to the management. This tends to be somewhat troublesome considering the long-lived property periods, even assuming a high watermark clause has been implemented. As the earnings of REITs and other property funds are primarily calculated by non-cash revaluation, depreciation and amortization positions, the output ratio of Adjusted Funds from Operations (AFFO) has been commonly adopted by the property fund industry. AFFO tests the potential of a company to produce viable returns from its ongoing property operations as a cash flow metric. However the figures for some of the current REITs boil down to AFFO yields of less than two percent at times in order to remove revaluation profits, unmasking a troublesome relationship between sales, overall costs and particularly management remunerations.

Summary

The proposal of a REIT as a liquid vehicle for investment in tangible, income-generating property assets is undeniably solid, with its professional management and acceptable fee structure. Nevertheless the UAE's property sector needs an effective timing strategy and vigilant execution, displaying greater uncertainty compared to more developed regions.

With the first local REIT listing on the NASDAQ in Dubai only in 2014, the public real estate fund offering sector is undeniably still in the juvenile stage, lacking both adequately significant track records and competitive pressure. With a host of new REITs now incubating for a forthcoming market listing, it is very likely that the spectrum of investment, the quality and the pricing of the options available will diversify considerably in the near future, eventually spawning quality and price leaders. Similarly, this trend will see industry specialists expand, adopting unique strategies to invest selectively in sectors such as education, hospitality, healthcare, student housing, and so on.

The advent of REITs in the UAE indicates that the property market is maturing while simultaneously nurturing its evolution, leading to higher liquidity, especially in niche segments and for large assets dominated by institutions. I am persuaded that the market peculiarities of the UAE, especially attractive rental yields and high volatility, constitute a strong breeding ground for eligible executives, applying sound investment strategies and equal remuneration principles to create highly attractive REIT structures. However those goods have yet to develop.

#Dubai Developers #Off Plan Properties in Dubai #Apartment for Sale in Dubai

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freesuitwhispers · 4 years

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Global Legal Marijuana Market Analysis, Trends and Insights 2020-2026

Summary - A new market study, titled “Legal Marijuana Market, by Marijuana Type (Adult Use, Medical), by Product Type, by Medical Application (Mental Disorders, Cancer), and By Geography (NA, EU, APAC, LATAM and MEA) – Analysis, Share, Trends, Size, & Forecast From 2020 – 2026” has been featured on WiseGuyReports.

REPORT HIGHLIGHT

Legal marijuana market was valued at USD 17.6 billion by 2019, growing with 17.8% CAGR during the forecast period, 2020-2026

Market Dynamics

The increasing legalization of marijuana in several countries is one of the major factors driving the growth of global legal marijuana market. In addition, the usage of cannabis for medical purposes is becoming popular all across the globe owing to recent legalizations in several countries. Medical marijuana is widely used in the medical field such as treatment of chronic conditions including arthritis & cancer, and neurological conditions, such as Alzheimer’s disease, Parkinson’s disease, epilepsy, depression, and anxiety. Thus, legal marijuana is high in demand with such wide scope of applications.

Also Read: https://www.medgadget.com/2020/08/legal-marijuana-market-2020-global-industry-key-players-size-trends-opportunities-growth-analysis-and-forecast-to-2026.html

In addition, increasing agricultural crisis coupled with sanctions for marijuana all across the globe and government earnings through taxation are likely to create lucrative opportunities in the global market. For instance, in 2018, near about USD 345.2 million of the total tax revenue was collected for the state of California alone in the U.S. was near about $345.2 million. However, lack of safety and inadequate information related to cannabis in the emerging economies is further anticipated to hamper the market growth in the near future.

Usage Takeaway

Medical use of marijuana is strictly considered as a prescribed medicine by the physician and the government regulates the distribution of these medicines. The medical segment is estimated to be the largest market share owing to increasing adoption of marijuana as a pharmaceutical product for the treatment of severe medical conditions such as arthritis, cancer, Parkinson’s, and many more. On the other hand, the adult-use segment is projected to be the fastest-growing segment in terms of growth rate owing to the legalization of marijuana in various countries. Moreover, the growing disease burden of chronic pain amongst the geriatrics and rising need for pain management therapies is projected to enhance the product demand.

Product Types Takeaway

Buds are primary plant products that do not need any processing and hence are easily available, which makes them fairly affordable for patients. Thus, the buds segment is anticipated to hold a dominant position in the global legal marijuana market as they are generally used for smoking that reduces the growth of cancer and Alzheimer's disease. On the other hand, the oil segment is anticipated to experience fastest-growth during the forecast period owing to its wide usage used in treating nausea and cancer. The cannabis oils are also used to alleviate anxiety & stress and improve sleep and thus are high in demand.

Application Takeaway

The mental disorder segment is expected to witness the fastest growth owing to the rise in the number of patients suffering from depressions, anxiety disorders, and Alzheimer's disease. With the presence of a large patient pool and the growing need for pain management all over the globe is helping chronic pain segment to hold a dominant share in the market. As per the CDC (Centers for Disease Control and Prevention) study of 2016, it is found that around 20.5% of adults in the U.S. were suffering from chronic pain.

Regional Takeaway

Presently, the North America region is playing a dominant role in the global market for legal marijuana by generating the highest market share. Factors, such as legalization of cannabis and liberal government regulations for adult-use and medical use in Canada and the U.S. have helped the regional market to grow progressively.

In addition, the introduction of the Farm Bill in 2018 for legalizing hemp and hemp-based products in the U.S. has propelled the market growth. Moreover, the recent legalization of marijuana for medical purposes in countries of Europe region is anticipated to create lucrative opportunities for market vendors in the near future.

Key players of the industry include:

• The Cronos Group

• Tilray

• Canopy Growth Corporation

• Aphria, Inc.

• Lexaria Corp.

• Aurora Cannabis

• Maricann Group, Inc.

• ABcann Medicinals, Inc.

• Organigram Holding, Inc.

• GW Pharmaceuticals, Plc.

The market size and forecast for each segment and sub-segments has been considered as below:

• Historical Year – 2015 to 2018

• Base Year – 2019

• Estimated Year – 2020

• Projected Year – 2026

TARGET AUDIENCE

 Traders, Distributors, and Suppliers

 Manufacturers

 Government and Regional Agencies

 Research Organizations

 Consultants

 Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL LEGAL MARIJUANA MARKET, BY USAGE

 Medical

 Non-Medical

GLOBAL LEGAL MARIJUANA MARKET, BY PRODUCT TYPE

 Oil

 Buds

 Tinctures

 Others

GLOBAL LEGAL MARIJUANA MARKET, BY APPLICATION

 Cancer

 Chronic Pain

 Mental Disorders

 Others

GLOBAL LEGAL MARIJUANA MARKET, BY REGION

 North America

o The U.S.

o Canada

 Europe

o Germany

o France

o Italy

o Spain

o United Kingdom

o Rest of Europe

 Asia Pacific

o India

o China

o South Korea

o Japan

o Singapore

o Rest of APAC

 Latin America

o Brazil

o Mexico

o Argentina

o Rest of LATAM

 Middle East and Africa

o Saudi Arabia

o United Arab Emirates

o Rest of MEA

FOR MORE DETAILS: https://www.wiseguyreports.com/reports/5641699-legal-marijuana-market-by-marijuana-type-adult-use

About Us:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

NORAH TRENT

[email protected]

Ph: +162-825-80070 (US)

Ph: +44 203 500 2763 (UK)

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captainmasudkhan-blog · 5 years

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United Arab Emirates Food and Drink Internet Retailing Market: By Suppliers, Type, Application and Sales Price with Forecast

Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Food and Drink Internet Retailing in The United Arab Emirates” under Retail category. The Food and Drink Internet Retailing Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

Food and Drink Internet Retailing Market in United Arab Emirates report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.

Request a free sample copy of Food and Drink Internet Retailing Market Report @ http://www.marketreportsonsaudiarabia.com/marketreports/sample/reports/999308

The excise taxes on carbonates (excluding sparkling water) and energy drinks are impacting sales of food and drink via internet retailing. In October 2017, the United Arab Emirates began taxing soft drinks, energy drinks and tobacco in an effort to curb over consumption. A tax rate of 50% was applied to carbonates and 100% to energy drinks and tobacco, which negatively affected sales of these products and largely impacted the lower-income group in the country.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report? Get a detailed picture of the Food and Drink Internet Retailing market; Pinpoint growth sectors and identify factors driving change; Understand the competitive environment, the market’s major players and leading brands; Use five-year forecasts to assess how the market is predicted to develop.

Browse our full report with Table of Content: http://www.marketreportsonsaudiarabia.com/marketreports/food-and-drink-internet-retailing-in-the-united-arab-emirates/999308 About Us Market Reports on Saudi Arabia provides you with an in-depth industry reports focusing on various economic, political and operational risk environment, complemented by detailed sector analysis. We have an exhaustive coverage on variety of industries – ranging from energy and chemicals to transportation, communications, constructions and mining to Food and Beverage and education. Our collection includes over 2000 up-to-date reports all researched, analyses and published by top-notch international research firms.

Contact us at: Market Reports On Saudi Arabia Tel: +91 22 27810772 / 27810773 Email: [email protected] Website: http://www.marketreportsonsaudiarabia.com Follow us on : Twitter, Facebook, Linkedin

#united arab emirates food and drink internet retailing market #united arab emirates food and drink internet retailing market study #Food Market #Retail #united arab emirates food and drink internet retailing market size #united arab emirates food and drink internet retailing market share

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bigyack-com · 5 years

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American Express Global Business Travel Forecasts Stable Air Prices in 2020

The Air Monitor 2020, published by American Express Global Business Travel (GBT), predicts that political and economic uncertainty across the globe will contribute to a continued slowdown in demand growth for air travel in 2020. Despite rising costs for oil, labour and infrastructure, fierce competition in the sector indicates that airlines will have minimal scope to raise fares. “While uncertainty looks to be a key theme in the coming year, in this report we see several factors likely to affect buyers of business air travel in 2020, such as airline retailing strategies, growing fare segmentation and increased focus on sustainability,” said Joakim Johansson, Vice President, Global Business Consulting at GBT. “With a range of changeable elements impacting corporate air programmes, it is important for buyers to equip themselves with the best available insights, data and advice, to support successful outcomes for their organisations.”

North America: Trade tensions continue to cause drag on economic growth across the continent, also impacting the Canadian economy. A large capacity increase means air fares within North America are predicted to rise by only 1.5% across both business and economy. Fares to European destinations could also increase, due to a reduction in capacity from Norwegian Air. However, Brexit uncertainty has the potential to dampen any rises. Meanwhile, political volatility in South America looks likely to cause a fall in fares of around 1%. Europe: Air Monitor 2020 forecasts that fares will remain flat, against a background of sluggish growth, with prices rising by less than 1% on flights within Europe. Airlines are under pressure on a number of fronts, with concerns about over-capacity, strong competition in the open aviation area, high regulatory costs and inefficient infrastructure. The flygskam (flight-shame) phenomenon has been most prevalent in Europe, driving increasing competition from rail routes. Asia Pacific: The region remains the growth engine of the global economy, but the gradual slowdown predicted in last year’s monitor will continue in 2020. Fares on flights within Asia are expected to rise by 2.9% in business class, and 1.8% in economy. The grounding of India’s Jet Airways has removed a significant chunk of capacity from the region, and this will see modest upwards pressure on some fares.

Air Industry Trends for 2020

Fare segmentation continues to grow as a way for carriers to simultaneously meet the different needs and budgets of their passengers and respond to the competitive challenge posed by low-cost carriers (LCCs). Fare segmentation (unbundling) is not limited to economy fares. Emirates recently became the first airline to offer unbundled business class fares, and other carriers may follow suit. The availability of cheaper business class seats could open up new opportunities for corporations in their negotiations with carriers. Low-cost, long-haul carriers have previously looked poised to have a major impact. However, except for those providing inter-regional services in Asia Pacific, long-haul LLCs have largely floundered. It’s a different story on short-haul routes where traditional LCCs continue to thrive, putting pressure on the mainline carriers. Airlines, regulators and travellers are taking a growing interest in sustainable travel. Many of the world’s largest airlines have already introduced, or are planning to introduce, carbon emission offsets or biofuel surcharges. Governments, especially in Europe, have introduced proposals to raise taxes on aviation, while reducing tax rates for alternative modes of transportation. See latest Travel News, Interviews, Podcasts and other news regarding: American Express, Trends, Forecast, Outlook. Headlines: Gen Z - Airbnb's Fastest Growing Market for Experiences in Asia Pacific Air Canada Takes Delivery of First Airbus A220-300 AirAsia Launches Flights Between Kuala Lumpur and Dalat, Vietnam Cebu Pacific Orders 15 Airbus Aircraft, Including Up To 10 A321XLRs American Airlines and Royal Air Maroc to Codeshare New Immigration Requirements to Help Solomon Islands Fight Measles Vietjet Launches Danang - Singapore Flights American Express GBT Forecasts Stable Air Prices in 2020 Etihad and Kuwait Airways to Codeshare PAG and Inmark Purchase Grand Hyatt Seoul British Airways and Iberia Achieve IATA NDC @Scale Certification Air Caraïbes Takes Delivery of First A350-1000 Aman Signs Fourth Resort in Japan Hamilton to Host HSBC New Zealand Sevens 25-26 January 2020 Thales' New Touchscreen Cockpit Displays Now Available on Airbus A350s Mongolian Airlines to Expand Network with Boeing 787-9 Dreamliner British Airways to Trial AI-Powered Robots at London Heathrow Dusit Thani Resort Opens in Shuangyue Bay, China Six Senses Signs First Hotel in UK Mandarin Oriental to Take Over Emirates Palace in Abu Dhabi Cebu Pacific Offering Passengers Roaming WiFi Kits Air France Orders 60 Airbus A220-300 Aircraft Sindhorn Midtown Hotel in Bangkok Appoints Jee Hoong Tan as GM British Airways to Launch LHR Flights to Portland, USA Braathens Takes Delivery of First of Five New ATR 72-600s Cebu Pacific Joins IATA Thailand: Airbnb Adds Saraburi to Beyond Big Cities Campaign New International Rugby Sevens Competition to be Launched in February Sindhorn Midtown Hotel in Bangkok Appoints Nicha Ruenthip as DOSM Qatar Airways to Launch Flights to Santorini and Dubrovnik British Airways Signs Joint Business Agreement with China Southern Air Canada Rouge Completes In-Flight Wi-Fi Installation Saab Wins Order for Digital Air Traffic Towers in Netherlands Whitbread Secures Fourth Premier Inn Hotel in Dublin, Ireland Amman to Host CAPA Middle East & Africa Aviation Summit 2020 Boeing to Suspend Production of 737 MAX Cathay Pacific's Inbound Hong Kong Traffic Down 46% in November Singapore Airlines to Launch Flights to Brussels, Belgium Wego Signs Retailing Agreement with ATPCO GTR Opens Air Cargo Hub at KLIA Air Cargo Terminal 1 Bombardier Uses SAF to Deliver Challenger 350 to Latitude 33 Aviation Swiss-Belhotel Signs First Hotel in Malaysia Czech Air Force Orders Two More Airbus C295 Aircraft New Boeing-Built Satellite to Orbit Over Asia Pacific Third Four Points by Sheraton Hotel Opens in Malaysia Hong Kong Airport Reports Further Drop in Pax, Cargo and Flights Air Canada Launches Flights Between Vancouver and Auckland, New Zealand Andaz Macau Appoints Chikako Shimizu as GM Cathay Pacific to Take Over Air New Zealand's Auckland-Hong Kong Service Four Seasons Opens Second Luxury Resort in Megeve, France Ireland's Department of Defence Orders Two Airbus C295 Aircraft Best Western Plus Opens in Nairobi, Kenya Qatar Airways Launches Flights to Gaborone, Botswana Korean Air to Revamp SkyPass Frequent Flyer Program Embraer E175-E2 Performs Maiden Flight Charlie Sullivan Joins CWT's Air Distribution Team Marriott Opens Third Sheraton Hotel in Beijing, China Radisson Blu Opens Resort in Cam Ranh, Vietnam Qantas Chooses Airbus A350-1000 for Ultra Long-Haul Flights Executive Appointments at Banyan Tree BA to Launch LHR Flights to Six New European Destinations in 2020 Korean Air to Revamp SkyPass Frequent Flyer Program Embraer E175-E2 Performs Maiden Flight Charlie Sullivan Joins CWT's Air Distribution Team Marriott Opens Third Sheraton Hotel in Beijing, China Radisson Blu Opens Resort in Cam Ranh, Vietnam Qantas Chooses Airbus A350-1000 for Ultra Long-Haul Flights Executive Appointments at Banyan Tree BA to Launch LHR Flights to Six New European Destinations in 2020 How Technology is Shaping Airports of the Future FCM and Flight Centre Achieve NDC Level 4 Certification Dusit Rebrands Luxury Resort in Philippines Emirates Launches Flights to Mexico via Barcelona Air Canada's First Airbus A220-300 Completes Maiden Flight FAA Certifies ExecuJet MRO Malaysia to Work on Dassault Jets AirAsia Launches Snap Air France-KLM Orders 10 A350-900 Aircraft Bundeswehr Takes Delivery of First Airbus H145 SAR Helicopter Drew Crawley to Join American Express Global Business Travel as CCO Cape Town 7s 2019 to Take Place 13-15 December Congo Airways to Replace Dash 8-400s with Embraer E175 Aircraft Ascent Solutions Installs Two E-Gates at NAIA 2 Departures Michel Poussau Appointed GM of Rugby World Cup 2023 Wetherspoon to Invest £200 Million Developing New Pubs and Hotels IATA Asks EU to Support Sustainable Aviation Fuel Transition Boeing Delivers First Modified MV-22 Osprey to United States Marine Corps Marriott Signs Six Hotels in India Accor to Rebrand Hotel in Queensland, Australia MHG Signs Two Hotels in Doha, Qatar Vietjet Launches Flights to New Delhi from Hanoi and Saigon SKY Signs Purchase Agreement for 10 Airbus A321XLRs British Airways Trials 3D Printing SAS' First A350 to Enter Long-Haul Service on 28 January Air Italy and Oman Air Sign Codeshare Agreement ACH and Aston Martin to Unveil 'New Creation' in January Qantas Signs FFP Agreement with Air France - KLM Group Malaysia Airlines Launches Shuttle Fares on Flights Between KL and Singapore Accor to Open 125-Room Mercure Hotel in Canberra in January Openings Push Australia's Hotel Inventory to Over 300,000 Rooms Alban Dutemple Appointed Cluster GM of Two Hotels in Bahrain Air New Zealand Trials Edible Coffee Cups Manchester Airport Unveils Details of £1 Billion Transformation South Africa Beat New Zealand to Win Dubai Sevens Aviation: RPKs Up 3.4% in October 2019 China Airlines to Launch Flights Between Taipei and Cebu, Philippines Marriott Adds North Island Seychelles to Luxury Collection Trenchard Aviation Appoints Neil Watkins as Group DOSM J. Scott Kirby to Succeed Oscar Munoz as CEO of United Airlines Vietjet to Launch Hanoi - Bali Flights London Stansted to Host CAPA World Aviation Outlook Summit 2020 JW Marriott Hotel Bangkok Completes Renovation Air Freight: FTKs Down 3.5% in October; APAC Down 5.3% Carl Volschenk Joins Sheraton Grand Danang as GM American Airlines Adds Passport Chip Scanning to Mobile App TCEB Partners Thai Airways to Launch APAC MaxiMICE Campaign United Airlines Orders 50 Airbus A321XLR Aircraft Four Seasons Signs First Hotel in New Orleans Aman Venice Appoints Norbert Niederkofler as Consultant Chef Bombardier to Relocate Global Aircraft Production Airbus Appoints New Communications Leadership Team Malaysia and Turkish Airlines Sign Codeshare Agreement Marco Violano Joins Four Seasons Jakarta as Executive Chef World's First Zest OK Youth Hotel Opens in New Zealand Dubai Sevens Set to Kick Off 2020 Season Boeing to Give $48 Million to Over 400 Global Charitable Organizations Dusit Thani Hua Hin Completes First Phase of Renovation British & Irish Lions' Itinerary for 2021 Tour of South Africa Airbus Signs Global Support Contract for Tiger Helicopters Over 400 Now Connected to Travelport's Rich Content and Branding Qantas Opens First Class Lounge at Changi Airport in Singapore British Airways Empowers Airport Staff to Solve Issues on the Spot Next Story Group Launches New Hotel Brand Air New Zealand Launches Flights Between Christchurch and Singapore Vietjet to Launch Saigon - Pattaya Flights India and Colombia Certify Mi-171A2 from Russian Helicopters Qatar Airways Cargo Unveils Major South America Expansion CWT Meetings & Events Restructures Leadership Team Air France to Operate Flights from San Francisco Using SAF Four Seasons Seychelles Appoints Kevin Lopes as Exec. Pastry Chef Vietjet to Increase Flights Between Vietnam and South Korea Raffles Grand Hotel d'Angkor Opens Khmer Restaurant, 1932 Airbus Celebrates 100th A220 Aircraft Produced CINZ Appoints Lisa Hopkins as Chief Executive Amadeus to Upgrade Travel Experience at Perth Airport in Australia Travelport Makes First API-Connection Bookings for Qantas Using NDC Sustainable Success for Ocean Marina Pattaya Boat Show 2019 Air Corsica Takes Delivery of First Airbus A320neo Aircraft Bangkok Airways Partners Krungthep Limousine in Trat 431-Room Novotel Hotel in Perth to Soft Open on 19 December Malaysia Airlines Launches New In-Flight Services GICC Macau Appoints Joey Pather as Senior Vice President - MICE Renaissance Hotel Opens in Xiamen, China Finnair Partners Chef DeAille Tam for New Business Class Menu Simon Barnett Joins Four Seasons Singapore as Hotel Manager FCM Achieves TMC Elite Level Within SAP Concur Partner Program Club Med to Open Kota Kinabalu Resort in 2022 SAS Takes Delivery of First Airbus A350-900 Seaplanes in Thailand? Interview with Dennis Keller, CBO of Siam Seaplane Asia Pacific Airlines Carried 30.7m Int. Pax in October BA and Aston Martin Celebrate Concorde with Ten Very Special Cars Premier Inn to Eliminate Unnecessary Single-Use Plastics by 2025 Gold Coast Airport to Enhance Security with New CT Screening Systems China's Airlines and Airports Investing in Chatbots, Biometrics and Blockchain Marriott Bonvoy Partners Tennis Australia Executive Appointments at Four Seasons Hotel Toronto Korean Forest Service Takes Delivery of K7 S-64 Air Crane Helicopter First of 353 Airbus A321neos Enters Service with AirAsia Two Lagoon Sixty 7 Catamarans Sold to Customers in Far East Novotel Partners Calm to Enhance Sleep Experience for Guests SpiceJet Appoints APG as GSA in Belgium, Germany, Netherlands and Switzerland Slow Travel and Micro Escapes Becoming More Popular with Singaporeans Mandarin Oriental Signs Hotel & Residences in Tel Aviv, Israel Bombardier's Montreal Facilities Receives First Sustainable Aviation Fuel Executive Appointments at British & Irish Lions Jared Green Joins Six Senses Fiji as DOSM Seaplanes in Thailand? Interview with Dennis Keller, CBO of Siam Seaplane Accor Opens Novotel Christchurch Airport Hotel Air Astana to Launch Almaty - Paris Flights Subhas Menon to Become AAPA Director General in March Airlift Takes Delivery of First Airbus H145 Helicopter Inge Kotze Joins Singita as GM - Conservation Teleport Signs Interline Agreement with Lufthansa Cargo British Airways Opens Refurbished Airport Lounge in Geneva CAE to Deploy Bombardier Global 7500 FFS in Dubai Simpson Marine - Interview with Howard Prime, Country Manager Thailand Finnair to Cancel About 257 Flights on Monday Boeing Unveils First 737 MAX 10 Hyatt Signs Two Hotels in Saigon, Vietnam PHG Appoints Angeline Hon as Group Marketing and Communications Director Airbus Delivers First of Two H145M Helicopters to Luxembourg Ghana Signs MOU with Boeing for Three 787-9 Dreamliners IHG Opens Second voco Hotel in Oxford, England Air Senegal Signs MOU for Eight Airbus A220-300s Emirates Converts Boeing 777 Order for 30 787-9 Dreamliners Erik Lannge Appointed GM of Villa de Pranakorn in Bangkok Seven HD Videos from IATA Airline Industry Retailing Symposium 2019 in Bangkok Vietnam Airlines Signs EngineWise Service Agreement with Pratt & Whitney Future of Airline Distribution and NDC - Interview with Yanik Hoyles, IATA Cambodia Airways Interview with Lucian Hsing, Commercial Director HD Videos and Interviews Podcasts from HD Video Interviews Travel Trade Shows in 2019, 2020 and 2021 High-Res Picture Galleries Travel News Asia - Latest Travel Industry News Read the full article

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nikki-reuclife · 6 years

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whitsundays beach wedding packages

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Tips For Choosing Your Prom Gown

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Don't Sweat the Small Stuff - Some brides get caught up inside small specifics of the wedding ceremony. Remember that some decisions seriously don't matter that much. Don't dwell on the small details and keep in your mind the important points which can be most critical. As the bride you have to be in a position to let a few of the decisions go and concern yourself with small things.

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luxuryhomesdubai · 7 years

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The Advantages of Renting Out a Property in Dubai مزايا تأجير الممتلكات في دبي

Dubai is known as a global city. It is one of the most sought-after cities in the world when it comes to leisure, entertainment, and business. The number of tourists Dubai receives grows each year. Being a tourist hub, there is no shortage of demand for accommodation facilities.

تعرف دبي كمدينة عالمية. هي واحدة من المدن الأكثر رواجاً عند البحث عن الترفيه والتسلية والأعمال. سنوياً، يتزداد عدد السياح الذين يقصدونها. كونها مقصداً سياحياً، هناك طلب كبير على وسائل الراحة

Today, everywhere you look, you see skyscrapers, fascinating landscape and luxurious hotels. This progress has made it a good prospect for many people to live, work and invest in Dubai.

حيثما جلتم بنظركم اليوم، ترون ناطحات سحاب، مناظر طبيعية مهندسة وفنادق فخمة. وقد أتاح هذا التقدم الفرصة للعديد من الناس للعيش والعمل والاستثمار في دبي

Real estate in Dubai is one of the most dynamic markets in the world. Although, the rental market trend could vary from area to area. But, the prospect of making a business out the rising demand for homes and places to stay anywhere around the Emirate is looming. If you are looking to gain profits out of this trend, renting out a property can be an easier road to achieve your goal.

إن سوق العقارات في دبي هو أكثر الأسواق ديناميكية في العالم، على الرغم من اختلاف اتجاه الأسواق من منطقة إلى أخرى. يلوح في أفق الامارات جعل الطلب المتزايد على البيوت عملاً مدراً للأرباح. إذا كنتم تودون كسب الأرباح من هذا التوجه، فإن تأجير الممتلكات هي الطريقة الأسهل لتحقيق هذا الهدف

Extra Income مدخول إضافي

The major benefit that you get by renting out a property is extra income. Property for rent in Dubai is rising in demand. The amount you can earn largely depends on the location of your property and the proximity to major tourist destinations. To get the most of rental income, investing in properties that are close to resorts, hotels, malls and other major Dubai attractions would likely fetch more rentals than in other areas.

إن الفائدة الرئيسية لتأجير الممتلكات هي المدخول الإضافي. يتزايد الطلب على عقارات للإيجار في دبي. يعتمد المبلغ المكتسب بشكل كبير على موقع الملكية وقربها من الوجهات السياحية الرئيسة. للاستفادة القصوى من الإيجار، سيجلب عائداً أكبر تأجير الممتلكات القريبة من المنتجعات والفنادق والمراكز التجارية ومناطق الجذب الرئيسية في دبي

Equity القيمة المالية Renting out a property may allow you to build equity. The rental market in Dubai is generally sound. If your property is financed via loan, you might be able to pay the principal amount faster than the term applied to it. If you are making real estate as an investment, the equity could even enable you to buy another property.

يمكن لتأجير الممتلكات أن يزيد القيمة المالية. إن سوق الإيجارات في دبي سليم عموماً. إذا كنتم اقترضتم كي تموّلوا ممتلكاتكم، فباستطاعتكم سداد المبلغ الرئيسي بفترة زمنية أسرع من المدة المفرودة لها. إذا كنتم تستثمرون في العقارات، ستمكنكم القيمة المالية من شراء عقار آخر

Tax advantages المزايا الضريبية Dubai is a tax-free city. The government does not collect income or capital gains tax. This is one of the best reasons why many people around the world invest in properties in Dubai in addition to the various Free Zones.

دبي مدينة خالية من الضرائب. لا تحصّل الحكومة ضريبة دخل أو ضريبة على راس المال. لهذا السبب، يستثمر الناس من جميع أنحاء العالم في عقارات دبي ومناطقها الحرة

The Heart of Europe قلب اوروبا The Heart of Europe Hotels and Resorts is home to some of UAE’s sough-after holiday investment homes to own. This unique island holiday destination features the world’s unique and luxurious hotels, the world’s first underwater villas including elegant beachfront homes. The Heart of Europe is a European-themed island destination located on the World Islands, 4km off the coast of Dubai.

فنادق و منتجعات قلب أوروبا في دبي هي وجهة لاكثر الاستثمارات في المنازل السياحية للتملك . هي موطن لفنادق العالم الفريدة والفخمة، تضم أول فيلات تحت الماء في العالم بما في ذلك منازل أنيقة على شاطئ البحر. قلب اوروبا هي جزر ذات الطابع الأوروبي التي تقع في مشروع جزر العالم في دبي، على بعد اربع كيلومترات مقابل ساحل دبي

The Heart of Europe offers exciting investment opportunities in some of the Middle East’s highly coveted properties.

يوفر قلب أوروبا فرصاً استثمارية مثيرة للاهتمام في أحد الممتلكات الأكثر طلباً في الشرق الأوسط

Phase one of The Heart of Europe will be completed by the third quarter of 2016 and the rest of the project in stages over the next few years. To learn more, please visit http://www.thoe.com.

سيتم الانتهاء من المرحلة الأولى من قلب أوروبا بحلول الربع الثالث من عام 2016 وبقية المشروع على مراحل على مدى السنوات القليلة المقبلة. لمزيد من المعلومات، الرجاء زيارةhttp://www.thoe.com

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halcsa · 4 years

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Basic Accounting Procedures

An accounting system tracks and controls the income and expenses of a business. Accounting systems can be as simple as a pen and notepad, and can be as complex as an international accounting staff of thousands utilizing the latest technological advancements. For small business owners, following a set of basic accounting principles can be an effective way to gain experience in handling your company's accounts.

Collecting Financial Documents

Financial records are vital in any accounting system. Small and large businesses alike should put systems in place to ensure that all income and expenses are recorded in some way, physically, electronically or both.

Important financial documents include cash register tapes, invoices, incoming bills, salaries records, tax forms and travel receipts. Financial documents can originate from a diverse range of locations and employees. Put a system in place to ensure that these documents make their way to a central accounting department in a timely manner.

Posting Transactions

Traditionally, accountants used financial documents to manually enter transactions into the various accounts in the company's accounting system. While this is still true to a certain extent, a large number of businesses have taken advantage of technological solutions to automatically post transactions.

Proprietary automatic ordering software, for example, can be set up to automatically adjust the accounts in the accounting system via the company network. In this case, accountants use financial documents to verify accounting records and investigate any discrepancies.

Account Reconciliation

Checking your accounts against external records should be a regular activity in an accounting department. Checking internal records of company assets against bank account and investment portfolio statements can alert your accounting team to any differences between the two, as can checking your accounts payable records with your suppliers' records.

Accounts Payable And Receivable

Accounts payable consists of all money owed by your company to its suppliers and lenders. Accounts receivable is the exact opposite, and consists of all money owed to you by customers and other debtors. A thorough accounting system involves systems of tracking the due dates and statuses of accounts payable and receivable, and can even be set up to automatically pay bills on time or send notifications to delinquent account holders.

Internal And External Reporting

Creating reports for management, investors and other company stakeholders is a vital function of an accounting system. Internal reports aid managers in decision-making by presenting operational data in a strategically relevant manner, allowing them to spot trends and areas of potential improvement.

Publicly traded corporations are required to submit a range of financial reports to federal authorities throughout the year, including the annual report, Form 10K. Even privately held companies, however, may find themselves required to create reports for external stakeholders, such as lenders and private investors.

For more details visit : https://halsca.com/accounting_procedures

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cliftonsteen · 4 years

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Exploring RTD Cold Brew’s Rising Popularity

Cold brew is a popular drink in today’s specialty coffee market, with many consumers choosing it as an alternative to soda in the Ready To Drink (RTD) sector. Even beverage giants like Coca Cola, Illycaffè, and Nestlé have taken notice and created their versions of it.

With many of these cold brew products being sold outside of coffee shops, in places you wouldn’t typically expect coffee to be sold (such as convenience stores and gyms), it’s apparent the drink is reaching a wider market than ever before.

Here’s what the current demand for RTD cold brew looks like and the factors that have contributed to its popularity.

You may also like How Cold Brew Captured The Millennial Market

Credit: Perfect Daily Grind

The Current Cold Brew Market

The international cold brew market has experienced explosive growth over the past few years. According to market research company Grand View Research, its market size could reach US $1.63 billion by 2025. Most of this growth will occur in North America, but the Asia Pacific region is also expected to grow from 2019 to 2025.

In addition to the cold brew market growing, Fortune Business Insights estimates that the global Ready To Drink (RTD) market could exceed US $36 billion in value by the end of 2025. This market consists of beverages that are sold in prepared form that can immediately be consumed. Cold brew forms a part of this market, as it’s widely available in RTD bottled or canned form.

There are signs that cold brew could soon become popular for a wider range of consumers. Josh Lamerton works in Commercial Sales for CoffeeWORKS, a specialty coffee roasting factory and equipment importer based in Bangkok, Thailand. He says, “Cold brew seems to be hitting the spot for millennials and Generation Z at present.” but adds that “Even as a stand-alone drink, more and more consumers are looking for in-trend refreshing beverages.”

This is something that could benefit the specialty coffee industry as a whole, as more cold brew consumers could result in more consumers discovering specialty coffee. In a recent article on cold brew, Charles Babinski, the owner of Go Get ‘Em Tiger Coffee Shop in Los Angeles, California, stated that cold brew’s growing popularity could benefit the specialty coffee industry, as it’s “given more people a reason to drink better coffee… It’s given people a jumping-off point for specialty coffee when they might have otherwise walked right by.”

Credit: Perfect Daily Grind

Reasons For Its Growth

Cold brew’s market growth is being driven by several factors that are increasing its reach and popularity, as well as making it more accessible to a larger audience. Here are a few of the reasons for its growing demand amongst mainstream consumers.

It’s Convenient

As mentioned, the market for beverages that are pre-prepared and ready for consumption is growing. These RTD drinks can come in a shelf stable or perishable format, are served in a can or bottle, and are usually refrigerated for the convenience of the consumer.

Customers are increasingly seeking out their coffee in chilled and on-the-go options, and brands are responding to the demand. According to Nielsen Innovation Measurement data, several new coffee products were launched to the US market from August 2018 until late 2019. 158 of these new products were RTD coffee offerings – with 89 of these being cold brew drinks.

A significant contributor to the popularity of RTD cold brew is the fact that it can be purchased outside of coffee shops, at convenience stores. For many years, people have relied on convenience stores to purchase freshly brewed coffee on the go, and in 2017, the America’s National Association of Convenience Stores found coffee to be a top seller at these outlets, making it well placed to sell RTD bottled or canned cold brew.

In addition to this, cold brew can also be purchased online for customers to enjoy at home. This allows them to enjoy quality coffee when and where they want it, without having to visit a coffee shop, invest in equipment and coffees, or negotiate the time consuming brewing process.

Credit: Laura Fornero

Major Brands Are Offering It

The international beverage industry noticed the rising popularity of cold brew years ago, and many specialty coffee shops and coffee shop chains have been offering it as an in-store offering for some time now. However, many major retailers and brands have started entering the RTD cold brew market offering in an effort to reach a much wider consumer base.

In 2017, Nestlé purchased the USA’s top organic cold brew brand Chameleon Cold Brew as part of their efforts to acquire smaller brands that appeal to younger consumers. Two years later, Coca Cola purchased the UK’s Costa Coffee (which as of 2018 was the world’s second-largest coffee chain) with hopes to use it as a step towards penetrating the lucrative RTD and coffee market.

As the world’s largest coffee chain, Starbucks will be adding to its cold brew menu offering by selling canned Nitro Cold Brew from retailers and select US Starbucks locations later this year. Illycaffè are also launching their own RTD canned cold brew which they hope will be their “first handshake” with a younger generation of customers.

Several businesses have offered cold brew for some time now, and are using the RTD market to debut new products that dovetail with other specialty coffee trends or popular drinks. For example, Stumptown Coffee Roasters (who first introduced their cold brew to the market in 2011), have partnered with Swedish oat milk brand Oatly to offer their first shelf stable cold brew product. In addition, Nitro cold brew makers Minor Figures have introduced a nitro infused chai latte product.

Credit: Perfect Daily Grind

Specialty coffee roasters La Colombe has entered the hard coffee market, partnering with MillerCoors to create a canned malt liquor and cold brew concoction. In addition to cold brew brands expanding their existing offerings, alcohol brands like Jameson and Jagermeister have also latched onto the cold brew trends. Both brands now offer a version of their whiskeys that have been infused with cold brew, as a cold alternative to Irish Coffee.

The existing income, production capabilities, and distribution channels of major companies makes it easier for them to enter the RTD market. As James Hoffman explains in his take on Coca Cola’s acquisition of Costa Coffee, “they’re very good at putting stuff in bottles, but they’re even better at distribution.”

Randy Anderson, a Cold Brew Industry Expert from Washington, DC explains that while many major brands have gone beyond market testing and are embracing high volume cold brew production, its relatively higher costs must be considered, as this could keep smaller brands from getting involved. “The viability question should be about cold brew as being profitable and able to sustain its premium pricing.”

Credit: Ceremony Coffee Roasters

It’s a Healthier & Viable Option to Soda

Consumers have never had a wider range of beverages to choose from, and this has resulted in many cutting back – or completely halting – their consumption of drinks that are considered to be unhealthy, such as sugary sodas and energy drinks. Gemma Kiernan is the Global Marketing Manager for Marco Beverage Systems and says that “several things have contributed to the rise in cold brew, over sodas, [including]… Health conscious customers and more knowledgeable consumers who are looking to try something new.”

Consumers are turning towards RTD drink options that have colour and carbonation, but also offer transparent ingredient labels and functional ingredients. In its basic form, cold brew meets these requirements, as it’s less acidic than hot brewed coffee but still contains plenty of caffeine. It also possesses a natural sweetness but without added sugar or additives. It can also offer carbonation as nitro cold brew.

The global decrease in popularity of sugar sweetened beverages could be attributed to the sugar taxes being put in place in many countries around the world to curb obesity and encourage healthier drinking habits. This type of tax is already in place in the UK, Malaysia, the United Arab Emirates, and South Africa. As a result, the UK has seen sales of sugar sweetened beverages drop. This could mean that certain markets will be more receptive to cold brew as a soda alternative.

Instead of replacing other drink options, RTD cold brew is becoming viewed as an alternative customers can reach for if they don’t feel like consuming a traditional energy drink or soda. Niko Prayogo is a co-owner of the Nectar Collective, in Jakarta, Indonesia. He says that “cold brew will not completely replace soda or fizzy drinks. However, it can serve as another alternative for those seeking a cold refreshing drink.”

Credit: Ceremony Coffee Roasters

The RTD cold brew market is flourishing. Large brands may have started to stake their claim in it – but there’s still space for smaller specialty coffee shops and businesses to get involved in offering cold brew.

The key to success here will be overcoming the challenges accompanying producing and selling RTD cold brew, being able to offer it where consumers are drinking it, and knowing where the drink might go to in the future.

Enjoyed this? Then Read Selling Coffee Online: A Guide For Roasters

Written by Janice Kanniah. Featured photo credit: Phoenix Roasters

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