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Posts filtered by tags: Middle East[x]


 

#Dubai Buyers Still Love Emaar Villas as 2018 Sales Almost Double - Bloomberg

Dubai Buyers Still Love Emaar Villas as 2018 Sales Almost Double - Bloomberg:Dubai’s property market’s woes aren’t denting appetite for villas just yet.Emaar Properties PJSC said on Thursday revenue from villa sales jumped 90 percent last year to 7.84 billion dirhams ($2.13 billion), the biggest increase across its property segments, according to a breakdown of the 2018 earnings originally released last month.Home prices and rents have dropped by as much as a third since peaking in 2014 in Dubai...
Tags: Travel, Middle East, Dubai, Rupert Neil Bumfrey, Emaar Properties PJSC


Top 10 most expensive cities in the world

Ever raised an eyebrow at the price of a meal on holiday? Spare a thought for those that live there. The Economist Intelligence Unit has published its annual Worldwide Cost of Living survey and it makes for very interesting reading. The survey was created to help companies calculate cost-of-living for expatriates and business travellers. Comparing the cost of […] The post Top 10 most expensive cities in the world appeared first on A Luxury Travel Blog.
Tags: Travel, Asia, South Korea, Hong Kong, Europe, Japan, Usa, New York, California, France, China, Singapore, Israel, Middle East, Switzerland, Denmark


Corrected: Badwa Capital’s new investment arm targets education, healthcare and logistics sectors | ZAWYA MENA Edition

Corrected: Badwa Capital’s new investment arm targets education, healthcare and logistics sectors | ZAWYA MENA Edition:The new investment management company launched by Dubai-based Badwa Capital last month will target investments in physical infrastructure in areas such as education, healthcare and logistics, one of the firm’s partners has said.The company announced its entry to the investment management business last month, with its press release stating that the business is “anchored with $100...
Tags: Travel, Middle East, Dubai, Dubai Financial Services Authority, Rupert Neil Bumfrey, Zawya, Badwa Capital, Abdulaziz Alfalih


Qatar Stocks Buck Mideast Gains – Bloomberg

Qatar Stocks Buck Mideast Gains – Bloomberg:Akber Khan, senior director of asset management at Al Rayan Investment, discusses Qatar stocks and his call on Qatar Transport. He speaks on “Bloomberg Daybreak: Middle East.” (Source: Bloomberg) [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Bloomberg, Middle East, Rupert Neil Bumfrey, Al Rayan Investment, Akber Khan, Qatar Stocks Buck Mideast Gains


Mideast Stocks: Petrochemicals companies hold back #Saudi as rival markets firm | ZAWYA MENA Edition

Mideast Stocks: Petrochemicals companies hold back Saudi as rival markets firm | ZAWYA MENA Edition:Saudi Arabia's stock market dropped on Wednesday as petrochemical companies slid amid falling oil prices while rival markets were mostly lifted by financial stocks. The Saudi index eased 0.2 percent from the multi-year closing high hit after it entered FTSE Russell's emerging-market index on Monday.The Middle East's largest petrochemicals producer Saudi Basic Industries 2010.SE slipped 0.3 percent...
Tags: Travel, Saudi Arabia, Middle East, Russell, Riyad Bank, Rupert Neil Bumfrey, Saudi Basic Industries, MENA Edition


Save Up to 25 Percent Off Room Rates in Europe, Middle East and Africa With Hilton Spring Sale 2019

You can save up to 25 percent on room rates for stays during weekends at participating hotel and resort properties within the brand portfolio of Hilton in Europe, the Middle East and Africa through Sunday, September 8, 2019 — except as otherwise indicated... ...but you must... The post Save Up to 25 Percent Off Room Rates in Europe, Middle East and Africa With Hilton Spring Sale 2019 appeared first on The Gate.
Tags: Travel, Deals, Europe, Africa, Middle East, Hilton, Promotions, Hotels And Lodging, Discounts And Coupons, Loyalty Programs, Europe Middle East, Hilton Honors


For the love of Amba: How I came to eat swarma with a cabbie in Tel Aviv

“Now you are not a customer, you are a friend. I can smoke,” Ofer, my uber driver turned friend said to me as he leant over to swipe his phone, turning off the metre. As he quickly flicked open the box that was in his shirt pocket, he turned to me, in as much as one can turn in a car seat, “Want a cigarette?“ I was back in Israel again a lot sooner than I had expected. In fact, I only left two-weeks prior thinking I’d be back in July. Instead I was back after one of my guides to Hebron messag...
Tags: Travel, Food, Germany, Israel, Tel Aviv, Prague, Gaza, Middle East, Miami, Destinations, Turkish Airlines, Hebron, Ofer, Tel Aviv Ben Gurion International Airport, Shuk HaTikva, Ben Gurrion International Airport


Harvard’s Semitic Museum: Exploring the Ancient Near East

The Harvard University campus — the whole Boston area, in fact — is filled with world class museums. The Fogg, the Busch Reisinger, the Museum of Fine Arts, the Isabella Stewart Gardiner: you’ve heard of and perhaps been to these. Do you know about the Semitic Museum, though? The Semitic Museum is part of the Harvard campus in Cambridge. Though it’s equally world class with those...Read the whole entry... »          Related Stories The Easter Rising: Ireland and HistoryGlasgow in Six Statues...
Tags: Travel, Boston, Massachusetts, History, Harvard, Ireland, Harvard University, Museums, Middle East, Cambridge, Archaeology, New England, Us Travel, City Or Urban Travel, Kerry Projects, Near East


Mideast's biggest exchange expects foreign investment to grow, CEO says | Reuters

Mideast's biggest exchange expects foreign investment to grow, CEO says | Reuters:Saudi Arabia’s listed companies could see holdings by foreign investors rise to 10 percent when their shares are included in index providers MSCI and FTSE’s emerging-market indices, the chief executive of Tadawul told Reuters on Monday.Tadawul is the Middle East’s largest exchange and Saudi Arabia’s main exchange. It has a total market capitalization of around $541.3 billion, with a free float of about 40 percent.S...
Tags: Travel, Saudi Arabia, Middle East, Reuters, Tadawul, Mideast, MSCI, Rupert Neil Bumfrey, MSCI Emerging Markets Index


The world’s top 5 luxury rail journeys

When it comes to exploring the world by train, the choice seems never-ending. For many it’s the destination that makes all the difference, be it the Rockies of Canada or Australia’s far-flung outback. But, it’s also the train itself that truly makes the journey truly unforgettable, whether you’re drawn to the glamour of travel’s Golden […] The post The world’s top 5 luxury rail journeys appeared first on A Luxury Travel Blog.
Tags: Travel, Asia, Europe, Featured, Australia, France, India, Turkey, Canada, Italy, Middle East, Rail Travel, Peru, South America, North America, Rockies


Drinking laws in the Arab world

In the multi-billion-dollar game of tourism, having places for people to cut loose and drink is as important as beaches and chef-driven restaurants. This is the conundrum for much of the Middle East and parts of North Africa, as strict Muslim countries — governed by Sharia law prohibiting any involvement with alcohol – try to develop large-scale tourism. Nearly all of the Muslim countries you’d want to visit have ways for you to drink; you just need to follow an often confusing set of laws to...
Tags: Travel, Europe, Israel, Qatar, Turkey, United States, Egypt, Morocco, Middle East, Dubai, Oman, FIFA World Cup, Alcohol Laws, Erdogan, Tsa, Jordan


Assessing the State of the #UAE Banking Sector – Bloomberg

Assessing the State of the U.A.E. Banking Sector – Bloomberg:Saeeda Jaffar, managing director and Middle East co-head at Alvarez & Marsal, discusses the consolidation in the U.A.E. banking sector. She speaks on “Bloomberg Daybreak: Middle East.” (Source: Bloomberg) [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Bloomberg, Middle East, Rupert Neil Bumfrey, Alvarez Marsal, Bloomberg Daybreak, Saeeda Jaffar, UAE Banking Sector


#Saudi Market Will Struggle to Breach 9,000 Level, Says Credit Suisse’s Iqbal – Bloomberg

Saudi Market Will Struggle to Breach 9,000 Level, Says Credit Suisse’s Iqbal – Bloomberg:Fahd Iqbal, head of Middle East research at Credit Suisse, discusses oil prices and the inclusion of Saudi stock into the FTSE Russell emerging-market indexes. He speaks on “Bloomberg Daybreak: Middle East.” (Source: Bloomberg) [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Bloomberg, Credit Suisse, Middle East, Iqbal, Rupert Neil Bumfrey, Fahd Iqbal


Qatar’s LNG ramp up to see $35bn greenfield investments - The Peninsula Qatar

Qatar’s LNG ramp up to see $35bn greenfield investments - The Peninsula Qatar:The global oil and gas industry’s investments in new projects are set to double in 2019, with Qatar, the UAE and Saudi Arabia fueling growth. Qatar which has plans to boost its LNG capacity to 110 million tonnes per annum (million tpa) will require more than $35bn in greenfield investments, making it one of the biggest projects to be approved in the region over the last decade, according to Rystad Energy forecast.Rysta...
Tags: Travel, Saudi Arabia, Qatar, Middle East, Uae, Rupert Neil Bumfrey, Rystad Energy, Rystad, Peninsula Qatar


#Qatar Stocks Buck Mideast Gains, Fall Most in 11 Days: Inside EM - Bloomberg

:Qatari stocks retreated the most in the Middle East, declining the most in 11 days.The main index declined 1.1 percent, led by a drop in Masraf Al Rayan. Morgan Stanley analysts last week downgraded Qatari stocks to underweight from equal-weight, citing the market’s relatively high valuations in an emailed note. The gauge has been trading at a premium to emerging-market peers since June.Still, the estimated earnings per share for the gauge’s 20 members has risen in March, poised for its longest...
Tags: Travel, Qatar, Bloomberg, Middle East, Rupert Neil Bumfrey, Masraf Al Rayan Morgan Stanley


All that glitters is gold: some of the world’s most spectacular gold landmarks

Visit some of the world’s most impressive gold-themed attractions, from temples and museums that preside over the skylines of iconic cities to a lavish hotel made of gold which takes luxury to whole new heights, and a famous stretch of golden coastline which is a magnet for the A-list. After you’ve had your gold fix, […] The post All that glitters is gold: some of the world’s most spectacular gold landmarks appeared first on A Luxury Travel Blog.
Tags: Travel, Asia, Europe, Australia, Hotels, Russia, Colombia, Thailand, Accommodation, Attractions, Middle East, United Arab Emirates, Myanmar, South America, Eastern Europe, Oceania


Flight Review: El Al Business Class (787-9) From New York to Tel Aviv

I have long been fascinated by El Al. Since they became a Qantas codeshare partner in 2017, I have wanted to experience the Israeli national airline. Long had I heard that El Al’s long-haul staples – the trusty Boeing 777-200ER – were not as fresh and comfortable as rivals flying on similar routes. But when El Al took delivery of their first Boeing 787-9 Dreamliner in 2017, I was set determined to experience their long-haul product. It only took me two-years! (NB: This photo taken of similar p...
Tags: Travel, Facebook, Hong Kong, Europe, Business, Usa, New York, Instagram, Scotland, New York City, Israel, US, Jerusalem, Tel Aviv, Flying, New Jersey


5 resorts perfect for a halal friendly family Summer trip

It’s crazy to think we’re already nearing the end of March. With the months flying by and Ramadhan just around the corner, before we know it the summer holidays will be here. Take it from experience, planning the summer holidays equates happy kids. It’s like scheduling your work day, like having a monday.com app for […] The post 5 resorts perfect for a halal friendly family Summer trip appeared first on A Luxury Travel Blog.
Tags: Travel, Asia, Hotels, Africa, Turkey, Accommodation, Middle East, United Arab Emirates, Resorts, Mauritius, Sri Lanka, Regions, Ramadhan


We Entered the #UAE With a Significant Overweight, Says Lazard’s Al Said – Bloomberg

We Entered the U.A.E. With a Significant Overweight, Says Lazard’s Al Said – Bloomberg:Fadi Al Said, director of MENA equity and portfolio manager at Lazard, discusses investor sentiment in the rise in oil prices, his positioning in Middle East markets, petrochemicals, investing in the U.A.E. and his outlook for Egypt. He speaks on “Bloomberg Daybreak: Middle East.” (Source: Bloomberg) [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Bloomberg, Egypt, Middle East, Lazard, Mena, Rupert Neil Bumfrey, al Said, Fadi Al Said


#Turkey Is Changing the Middle East. The U.S. Doesn’t Get It. - Bloomberg

Turkey Is Changing the Middle East. The U.S. Doesn’t Get It. - Bloomberg:The Middle East is changing fast but the U.S. seems to be the last government to realize it and respond.For at least 10 years, the region has been caricatured as divided into two camps: a pro-Iranian coalition and a looser but larger group that opposes Iran's ambitions. For short, it’s sometimes foolishly reduced to a Sunni-Shiite sectarian divide.That was always a distortion, and it's become increasingly clear that, while ...
Tags: Travel, Bloomberg, Turkey, Iran, Middle East, Turkey Ankara, Rupert Neil Bumfrey


Payments processor Network International readies London listing | Reuters

Payments processor Network International readies London listing | Reuters:Network International, the largest payment processing firm across the Middle East and Africa, plans to list on the London Stock Exchange, it said on Thursday.The Dubai-based company, jointly owned by Dubai bank Emirates NBD and private equity firms Warburg Pincus and General Atlantic, said it would trade on the LSE’s main market and have a free float of at least 25 percent of its issued share capital.The initial public off...
Tags: Travel, London, Africa, London Stock Exchange, Middle East, Dubai, General Atlantic, Lse, Warburg Pincus, Reuters, Emirates NBD, Rupert Neil Bumfrey, Network International, DWF Group


Saudi Arabian equities, emerging market fixed income favoured by UBP fund selector | ZAWYA MENA Edition

Saudi Arabian equities, emerging market fixed income favoured by UBP fund selector | ZAWYA MENA Edition:Many emerging market (EM) managers are increasing their allocations to Middle East and North Africa (MENA) markets, especially to Saudi Arabia, a fund selector from Swiss private bank Union Bancaire Privée (UBP) has told Zawya.“People are more and more looking at frontier markets and how the indices are gradually incorporating those frontier markets, so we have been increasing research on MENA...
Tags: Travel, Saudi Arabia, Middle East, Mena, North Africa, Ubp, MSCI, Union Bancaire Privee UBP, Rupert Neil Bumfrey, Zawya


Exclusive: Exxon eyes Israel gas bid in major Middle East shift | Reuters

Exclusive: Exxon eyes Israel gas bid in major Middle East shift | Reuters: Exxon Mobil Corp is considering exploring for oil and gas in Israel, said a person with direct knowledge of the matter, in what would make Exxon the first oil major to operate in the country still technically at war with Gulf Arab states.A number of large gas discoveries offshore Israel and in nearby eastern Mediterranean waters in the last decade have made Israel a potentially lucrative prospect for big energy firms. The...
Tags: Travel, Israel, Middle East, Exxon, Mediterranean, Reuters, Exxon Mobil Corp, Gulf Arab, Rupert Neil Bumfrey


MIDEAST STOCKS-Rising oil price boosts #Saudi, top telecom firm weighs on #AbuDhabi | Reuters

MIDEAST STOCKS-Rising oil price boosts Saudi, top telecom firm weighs on Abu Dhabi | Reuters:Saudi Arabia's stock market rose on Wednesday as banks and petrochemical shares gained amid rising oil prices, while Abu Dhabi was pulled down by Emirates Telecommunications.Saudi Arabia's index was up 1 percent, with Al Rajhi Bank gaining 0.9 percent.The Middle East's largest petrochemical maker Saudi Basic Industries (SABIC) also rose 1 percent in active trade after it said it will merge its units Saud...
Tags: Travel, Saudi Arabia, Middle East, Abu Dhabi, Rupert Neil Bumfrey, Saudi Basic Industries SABIC, Abudhabi, Al Rajhi Bank, Saudi Petrochemical Co, Arabian Petrochemical Co


IDS Next Dominates Emerging Hotel Markets and Closes Another Record-Breaking Month

IDS Next, a leading global provider of next-generation technology solutions for the hotel industry, today released their list of new clients in the coveted emerging markets of Asia, Africa, and the Middle East, signing a total of 36 new deals in February 2019.
Tags: Travel, Middle East, Asia Africa


#Saudi - #Qatar ructions spill on to football pitch | Financial Times

Saudi-Qatar ructions spill on to football pitch | Financial Times:Qatar-based television network beIN Sports said it would sue Asian football’s governing body over the abrupt cancellation of a $300m contract to screen matches in Saudi Arabia, the latest flashpoint in a political dispute roiling the Gulf.The Asian Football Confederation’s decision to strip beIN of the right to screen its games in Saudi Arabia was revealed by Saudi football authorities late on Monday. The Doha-based broadcaster ha...
Tags: Travel, Facebook, Saudi Arabia, Qatar, Middle East, Afc, Doha, Financial Times, Asian Football Confederation, Rupert Neil Bumfrey


#UAE ‘to tap Mideast shale,’ says energy minister

UAE ‘to tap Mideast shale,’ says energy minister:The Middle East has great potential as a shale oil-producing area, according to the UAE Energy Minister Suhail Al-Mazrouei, who said the Emirates would inevitably produce shale at some stage.Speaking at the CERAWeek by IHS Markit energy forum in Houston, Texas, Al-Mazrouei said that the economics of the energy industry had changed following the boom in US shale production, and the UAE was looking at how it might exploit its resources.“We need to t...
Tags: Travel, Energy, US, Middle East, Emirates, Uae, Mideast, Houston Texas, Suhail Al Mazrouei, Rupert Neil Bumfrey, IHS Markit, Al Mazrouei


#Iraq and #Iran Build Economic Ties as a Sidelined U.S. Looks On - Bloomberg

Iraq and Iran Build Economic Ties as a Sidelined U.S. Looks On - Bloomberg:In the contest for Iraq’s loyalty, geography is proving irresistible.Baghdad is being urged to take sides in the U.S.-Iran confrontation that’s escalated into one of the Middle East’s top flash-points. President Donald Trump is pushing Iraq to stop buying natural gas and electricity from its neighbor. President Hassan Rouhani wants it to purchase more to ease the pain imposed by American sanctions.So far, Rouhani’s winnin...
Tags: Travel, Iraq, Bloomberg, Iran, Middle East, Hassan Rouhani, Donald Trump, Baghdad, Trump, Rouhani, Rupert Neil Bumfrey, Iran Build Economic Ties


Middle East & North Africa Hotels Challenged By Supply, Economic Concerns

Hotel profit plummeted in the Middle East & North Africa in January, as oversupply and struggling oil prices took a toll, sending GOPPAR to a 13.9-percent year-on-year decrease, according to the latest data tracking full-service hotels from HotStats.
Tags: Travel, Middle East, North Africa, Middle East North Africa, GOPPAR, Supply Economic Concerns


OPEC Splits Avocado Appetizer With Shale Adversaries in Texas - Bloomberg

OPEC Splits Avocado Appetizer With Shale Adversaries in Texas - Bloomberg:OPEC’s secretary general met with senior executives from North America’s booming shale oil industry for dinner in Houston as the balance of power in global energy markets continues its swing to the U.S. from the Middle East.The dinner Monday night included "a friendly conversation on current industry issues and the immediate prospects and challenges for all," OPEC Secretary General Mohammad Barkindo said in an interview af...
Tags: Travel, Opec, Middle East, Houston, North America, Rupert Neil Bumfrey, IHS Markit, Barkindo, Mohammad Barkindo, Texas Bloomberg



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