Posts filtered by tags: Middle East[x]


Why You Should Get Travel Insurance When You Travel

Posted: 1/17/2019 | January 17th, 2019 I’ve written about buying travel insurance a lot. I’ve talked about how to find the right policy, discussed why , and answered a few of the most common questions on the subject. But while I’ve talked about the practical “how-to” part of getting insurance, I’ve never really focused on the why of travel insurance. So let’s talk about that today. Why should you buy travel insurance? Why is it important? What’s in it for you? Peace of mind. And the potent...
Tags: Travel, Mexico, Russia, Superman, Middle East, South America, Travel Insurance, Travel Advice, Hostelworld, Travelers, Asia Australia, Germany France, Chase Sapphire Reserve, Tricks Don t Forget Travel Insurance Travel

Market regulator expects IPOs this year, including Emirates Global Aluminium - The National

Market regulator expects IPOs this year, including Emirates Global Aluminium - The National:The Securities and Commodities Authority expects initial public offerings, including that of Emirates Global Aluminium to go ahead this year, provided the financial market conditions improve, according to a top official.“We have a couple of IPO requests in the pipeline, but on hold [waiting for] improvement of the financial markets,” said Obaid Al Zaabi, deputy chief executive of SCA, on Wednesday. I’m ve...
Tags: Travel, Ipo, Middle East, North Africa, SCA, Rupert Neil Bumfrey, Securities and Commodities Authority, Emirates Global Aluminium, Obaid al Zaabi, Emirates Global Aluminium The National

#Saudi Plot Set to Twist in Stock Market's Tale of Two Halves - Bloomberg

Saudi Plot Set to Twist in Stock Market's Tale of Two Halves - Bloomberg:For Saudi equities, 2019 may be a story of two halves.The kingdom’s stocks are set to rally in coming months as billions of dollars gush into the market on its inclusion in benchmarks for developing-nations. But that may give way to selling before Ramadan, the month of fasting which will begin in May, as concerns over reforms and oil move back to the forefront, according to Nomura Asset Management.It will be “a positive fir...
Tags: Travel, Middle East, Tokyo, Rupert Neil Bumfrey, Tarek Fadlallah, Nomura Asset Management, Nomura Asset

Experience Jordan: 6 Nights of Ancient History, Beautiful Scenery and Adventure!

“The day we stop exploring is the day we commit ourselves to live in a stagnant world, devoid of curiosity, empty of dreams.” A quote by Neil deGrasse Tyson, still holds true to this day and the days yet to come. We often limit ourselves to see the beauty of the world in accordance to what we know about it. Surprisingly enough, the many wonders of the world are no secret to those that realize that even places we may not have thought to visit are hosts to some of the most beautiful destinations,...
Tags: Travel, Saudi Arabia, Iraq, Syria, Earth, Middle East, Treasury, Neil Degrasse Tyson, Jordan, Artemis, Wadi Rum, Petra, Amman, Red Sea, Vic, Dead Sea

Oil prices will help shape sukuk market performance in 2019: S&P - The Peninsula Qatar

Oil prices will help shape sukuk market performance in 2019: S&P - The Peninsula Qatar:S&P Global Ratings anticipates a total global sukuk issuance of $105bn-$115bn this year. The rating agency expects higher demand for funding in most GCC countries, given the reduced oil price assumptions compared with last year’s outturn of $71 for Brent . Tightening liquidity conditions worldwide, high geopolitical risks in the Middle East, and challenges inherent to sukuk issuance will likely dampen sukuk ma...
Tags: Travel, Indonesia, Saudi Arabia, Qatar, Turkey, Malaysia, Middle East, Rupert Neil Bumfrey, Peninsula Qatar, Central Bank of Kuwait, UAE Activity

Digital banking — a key enabler for #Qatar’s e-commerce market

Digital banking — a key enabler for Qatar’s e-commerce market:According to Fitch Solutions, “Qatar offers an e-commerce market worth almost $1.5bn in 2019. The Middle East and North Africa (Mena) region is projected to record e-commerce sales growth of 21.4% to reach $28.5bn in 2019. A common feature across the Gulf is a youthful demographic profile and high income levels. A high proportion of young adults (20-39 years old), making up more than a third of the total population. This age bracket i...
Tags: Travel, Qatar, Middle East, Gulf, North Africa MENA, Rupert Neil Bumfrey, GSMA Intelligence, Fitch Solutions

Nasdaq #Dubai expands futures market, launches trading on MSCI #UAE index | ZAWYA MENA Edition

Nasdaq Dubai expands futures market, launches trading on MSCI UAE index | ZAWYA MENA Edition:Nasdaq Dubai announced the launch of futures trading on the MSCI UAE equity index on Tuesday, in its latest expansion of the futures market.In a press statement, the exchange explained that the contracts are designed to appeal to international and regional investors seeking exposure to leading UAE companies.Robert Ansari, Executive Director - Head of the Middle East of MSCI, rang the market-opening bell ...
Tags: Travel, Middle East, Uae, MSCI, Rupert Neil Bumfrey, Nasdaq Dubai, First Abu Dhabi Bank, Robert Ansari, MSCI UAE

QNB lifts quarterly profit on lending growth as #Qatar weathers blockade | Reuters

QNB lifts quarterly profit on lending growth as Qatar weathers blockade | Reuters:Qatar National Bank (QNB) reported an increase in fourth-quarter net profit on Tuesday, benefiting from strong lending growth as Qatar has pushed ahead with spending on the 2022 soccer World Cup and other infrastructure.The largest bank by assets in the Middle East and Africa reported a net profit of 3 billion riyals ($800 million) in the three months to the end of the year, compared with 2.88 billion riyals in the...
Tags: Travel, Africa, Qatar, Middle East, Reuters, QNB, Rupert Neil Bumfrey, Qatar National Bank QNB

Pompeo Trip Fails to Ease Questions Over U.S. Goals in Mideast - Bloomberg

Pompeo Trip Fails to Ease Questions Over U.S. Goals in Mideast - Bloomberg:Secretary of State Michael Pompeo arrived in the Middle East a week ago on a mission to prove the Trump administration can be a reliable partner in tackling the region’s thorniest problems. He returns having failed to stifle doubts that have dogged the U.S. for years.With stops in eight countries in eight days, Pompeo sought to hammer home how different President Donald Trump’s approach is from that of his predecessor Bar...
Tags: Travel, Barack Obama, Qatar, Iran, Syria, Middle East, Donald Trump, Gulf, Trump, Pompeo, Rupert Neil Bumfrey, Michael Pompeo, Jamal Khashoggi, Mideast Bloomberg

Profit Decline Continues In Middle East & North Africa Hotels

Profit levels at hotels in the Middle East & North Africa remained under pressure in November, as revenues were hit by declines in both price and volume in the normally reliable commercial segment, according to the latest data tracking full-service hotels from HotStats.
Tags: Travel, Middle East, Middle East North Africa, North Africa Hotels

Citigroup's Azevedo Is Optimistic for IPOS in #SaudiArabia in 2019 – Bloomberg

Citigroup's Azevedo Is Optimistic for IPOS in Saudi Arabia in 2019 – Bloomberg:Miguel Azevedo, head of investment banking for Middle East and Africa at Citigroup, discusses Saudi Arabia's IPO landscape, what's delaying listings for many companies, how equity and oil markets impact listings and where he's finding opportunities. He speaks on "Bloomberg Daybreak: Middle East." (Source: Bloomberg) [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Saudi Arabia, Africa, Bloomberg, Middle East, Citigroup, Azevedo, Rupert Neil Bumfrey, Bloomberg Daybreak, Saudiarabia, Miguel Azevedo

Travel Photographer Of The Year TPOTY 2018 Winners Are Revealed

One of the winners of Faces, People and Cultures category, Robin Yong from Malaysia. The winners of the 2018 international Travel Photographer of the Year awards (TPOTY) have been revealed, and they’re a glorious celebration of the beauty of this planet and its human and animal inhabitants. I’ve been following TPOTY awards since year 2010 and have had visited one of its winning photos gallery exhibitions in London. Even though I didn’t take part in this year awards, I wish to congratula...
Tags: Travel, Usa, UK, London, China, Malaysia, Italy, Middle East, Dubai, Mali, Bangladesh, Tanzania, Photography Tips, Guatemala, Mauritius, London Bridge

Luxury travel news this week

Here’s a round-up of luxury travel stories that have caught the eye this week. To make sure you receive these new weekly alerts in your web browser, please click on the red bell icon in the bottom right hand corner of the page and click ‘subscribe’ (works on desktop only – for other ways to […] The post Luxury travel news this week appeared first on A Luxury Travel Blog.
Tags: Travel, Asia, Japan, Featured, Air Travel, Middle East, United Arab Emirates, Regions, Speciality Travel, Travel Miscellany, Cruises & Boat Travel, Health & Safety

Slowdown Means Top Mideast Banker Pay Slashed by Up to a Quarter - Bloomberg

Slowdown Means Top Mideast Banker Pay Slashed by Up to a Quarter - Bloomberg:Salaries for top banking and finance professionals in the Middle East have been slashed by as much as a quarter over the past year as an economic slowdown hit corporate pay in most industries, according to recruiter Michael Page.Pay for senior bankers fell between 20 percent and 25 percent, while salaries for middle-management positions dropped 5 percent to 10 percent, according to the recruitment consultant’s annual sa...
Tags: Travel, Bloomberg, Middle East, Rupert Neil Bumfrey, Michael Page Pay, Leith Ramsay, Page Group

Erdogan’s $2 Billion Reason to Thank the Saudis - Bloomberg

Erdogan’s $2 Billion Reason to Thank the Saudis - Bloomberg:There are opportunistic financing deals, and then there’s Turkey. A $2 billion 10-year bond sale appeared out of nowhere for the country on Wednesday, with no roadshow and no prior announcement. But there was one big helping hand.Saudi Arabia had just launched $7.5 billion of new 10- and 30-year notes and had elected for tighter pricing rather than raising a larger sum. This left a window for Turkey to present themselves to bond funds w...
Tags: Travel, Saudi Arabia, Turkey, Middle East, Erdogan, U S Treasury, Rupert Neil Bumfrey

Coffee Flavors Rule The World

The countries that grow all the coffee used around the world come from Guatemala, Mexico, Honduras, Uganda, Ethiopia, India, Columbia, Thailand, Indonesia, Vietnam, and Brazil. Coffee needs a certain amount of high latitude rainfall, seasonal tropical environments, and certain alkaline soil. In the U.S., only California and Hawaii are able to be competitive coffee bean growers. These countries provide all the requirements for coffee beans to grow very healthy. As a high-quality production produ...
Tags: Travel, Coffee, Food, California, World, Drink, Hawaii, Middle East, Brazil, Guatemala, Coffee Countries, Starbucks Brand, Monin

Asian Investors Seek Harbor in Gulf Arab Bonds Amid Trade Storm - Bloomberg

Asian Investors Seek Harbor in Gulf Arab Bonds Amid Trade Storm - Bloomberg:Highly rated dollar bonds from the Middle East are emerging as a refuge for Asian bond investors as they brace for the impact of U.S. sanctions in other regions and the trade row with China.UOB Asset Management Ltd. and Bank of Singapore Ltd. have turned overweight on Gulf debt over the past year, arguing that the region is less exposed to international trade risks. Investors had sold off Gulf bonds because of falling oi...
Tags: Travel, Saudi Arabia, Qatar, Middle East, Gulf, Gulf Cooperation Council, Rupert Neil Bumfrey, Bloomberg Barclays, China UOB Asset Management Ltd, Bank of Singapore Ltd

Struggling #Abraaj Gets 70% of Nigerian Firm by Converting Loan - Bloomberg

Struggling Abraaj Gets 70% of Nigerian Firm by Converting Loan - Bloomberg:Abraaj Group, the private-equity firm that collapsed after defaulting on debt, will get a 70 percent stake in C&I Leasing Plc by converting a $10 million loan into equity in the Nigerian company.“Abraaj knows that pulling out $10 million will be detrimental to the growth of the business, so rather than cash out, they decided to convert,” C&I Chief Executive Officer Andrew Otike-Odibi said by phone from Lagos. Once done, C...
Tags: Travel, Middle East, Lagos, Abraaj Group, Abraaj, Rupert Neil Bumfrey, Converting Loan Bloomberg, Leasing Plc, Andrew Otike Odibi

OYO unlocks homes in Dubai to restore balance in hospitality

25-year-old OYO founder Ritesh Agarwal must've had a really happy NYE as the company he founded only a few years ago is seeing great results in global markets. From Asia to the UK — and now the Middle East — it seems there's no stopping his hospitality empire.
Tags: Travel, Asia, UK, Middle East, Dubai, Nye, Ritesh Agarwal, Oyo

Journey to the Holy Land: Reflections on Palestine | Part 3 of 4

By Zainab Chaudry To travel to the Palestinian city of Hebron is to glimpse the grit, resilience and tenacity of the human spirit under extreme duress.  Located about twenty miles south of Jerusalem, it is the largest city in the occupied West Bank and the second largest Palestinian city after Gaza. It is home to Masjid Ibrahimi – a centuries-old mosque constructed above the tombs of four of the most beloved Prophets in Islam: Ibrahim (Abraham), Ishaq (Isaac), Yaqub (Jacob), and Yusuf...
Tags: Travel, Life, Religion, Jerusalem, United States, Gaza, Palestine, West Bank, Martin Luther King Jr, Muslims, Middle-east, Hebron, Ibrahim, CAIR, Muhammad, Rabi

#Qatar National Bank raising 2 billion euro loan - LPC | Reuters

Qatar National Bank raising 2 billion euro loan - LPC | Reuters:Qatar National Bank (QNB) , the largest bank by assets in the Middle East and Africa, is raising a 2 billion euro ($2.29 billion) syndicated loan, according to LPC, a fixed income news service that is part of Refinitiv.The loan would replace a 2.25 billion euro-denominated loan obtained in May 2016 which matures in May, sources familiar with the matter told Reuters in September.Banca IMI, Credit Agricole, Societe Generale and UniCre...
Tags: Travel, Africa, Middle East, Reuters, UniCredit, Commercial Bank of China, LPC, Qatar National Bank, ING, Rupert Neil Bumfrey, Qatar National Bank QNB, Banca IMI Credit Agricole Societe Generale

Kayak travel hacks best times to fly

Getting tips on travel is kinda like getting dating advice from relatives at a wedding. Every time you look up, someone is offering some sage wisdom about how to time it right, avoid the pitfalls, and get the most for your money, so to speak. And listening to all of it gets you so overwhelmed that you just wanna say “forget it” and stay home with a bottle of Chianti and Netflix. Of course, unlike with dating, the travel world has actual, quantifiable authorities who base their advice on more ...
Tags: Travel, Netflix, Mexico City, Middle East, Shirley, Houston, Travel Hacks, Caribbean, Kayak, All, Disneyworld, Europe Asia, Chianti, North America South America, Kayak Travel Hacks, Travel Hacker Guide

Top 10 most family friendly beach holiday destinations in Europe

The numbers are in. As millions of families begin planning and booking their holidays for the year ahead, a study by On the Beach, the UK’s leading beach holiday specialist, has calculated and ranked Europe’s top 50 family beach holidays destinations – according to the criteria that matter most to parents. The Family Beach Index, […] The post Top 10 most family friendly beach holiday destinations in Europe appeared first on A Luxury Travel Blog.
Tags: Travel, Europe, UK, Greece, Spain, Cyprus, Turkey, Middle East, Regions, Western Europe

Commercial Bank of #Dubai to take control of #Abraaj assets secured against loan | Reuters

Commercial Bank of Dubai to take control of Abraaj assets secured against loan | Reuters:Commercial Bank of Dubai (CBD) CBD.DU, which lent around $170 million to Abraaj, will take stakes in the troubled private equity firm’s funds which were offered as security against the debt, three sources familiar with the matter said. Dubai-based Abraaj, worth $13.6 billion, was the largest buyout fund in the Middle East and North Africa until it collapsed last year following turmoil triggered by a row with...
Tags: Travel, Middle East, Dubai, Gates Foundation, North Africa, Reuters, Abraaj, Commercial Bank of Dubai, Rupert Neil Bumfrey, Turkey Latin America North Africa Africa

Happy New Perth I mean Happy New Year

Earth has made another complete rotation of the sun its 2019th since a bearded dude was born in the Middle East according to Christian tradition or its 4543 billionth give or take a few million rotations since it was formed according to allknowing
Tags: Travel, Middle East, New Perth

Middle East to lift EM sovereign debt sales in 2019 -Morgan Stanley | Reuters

Middle East to lift EM sovereign debt sales in 2019 -Morgan Stanley | Reuters:Sales of hard currency debt issued by developing nations should bounce back this year after a torrid 2018 for emerging markets, driven by fresh supply from the Middle East, especially Saudi Arabia, Morgan Stanley predicted.Sovereign hard currency gross issuance is expected to rise to $158 billion in 2019 - a 15 percent increase on 2018 - but will remain below the record $674 billion sold in 2017, Morgan Stanley strateg...
Tags: Travel, Turkey, Middle East, Argentina, Morgan Stanley, Rupert Neil Bumfrey, Saudi Arabia Morgan Stanley, Simon Waever

#AbuDhabi's Masdar to double renewables capacity in five years - CEO | Reuters

Abu Dhabi's Masdar to double renewables capacity in five years - CEO | Reuters:Abu Dhabi Future Energy Company (Masdar) plans to double its renewables energy capacity in five years with new projects in Asia and the Americas, its chief executive said on Monday.Masdar, wholly-owned by Abu Dhabi’s Mubadala Investment Company, has till now invested $8.5 billion to build capacity of 4 gigawatts (GW) in renewables projects in the United Arab Emirates, Britain, Seychelles, Spain and the Middle East.“We...
Tags: Travel, Asia, Middle East, Abu Dhabi, Masdar, Reuters, Rupert Neil Bumfrey, Mubadala Investment Company, Abu Dhabi Future Energy Company Masdar, United Arab Emirates Britain Seychelles Spain, Mohamed Jameel al Ramahi

Mideast Stocks: #Saudi gains on financials, most of Gulf mixed | ZAWYA MENA Edition

Mideast Stocks: Saudi gains on financials, most of Gulf mixed | ZAWYA MENA Edition:Most major Middle East markets were mixed in early trading on Monday, despite rebounding oil prices, while the Saudi market was lifted by its financial and petrochemical stocks.Saudi Arabia's index rose 0.3 percent with Saudi Kayan Petrochemical adding 2.2 percent and Savola Group increasing 2 percent.Saudi exchange data released late on Sunday showed that foreigners were net buyers of 134.3 million riyals ($35.81...
Tags: Travel, Saudi Arabia, Middle East, Gulf, Rupert Neil Bumfrey, Savola Group, Saudi Kayan Petrochemical

Dubai residential prices could fall by up to 10 percent in 2019: Savills | Reuters

Dubai residential prices could fall by up to 10 percent in 2019: Savills | Reuters:Residential real estate prices in Dubai could fall by 5 to 10 percent in 2019, weakened by new supply, a strong dollar and lower oil prices, the Middle East chief executive of Savills (SVS.L) said on Monday.Dubai’s over-supplied property market has steadily fallen since a mid-2014 peak, hurting earnings of the emirate’s top developers and forcing construction and engineering firms to cut jobs and halt expansion pl...
Tags: Travel, Middle East, Dubai, Savills, Reuters, Steve Morgan, Rupert Neil Bumfrey, Savills SVS L

Save Up to 30 Percent on Weekends All Year in Europe, the Middle East and Africa With Radisson Hotel Group January Sale 2019

You can save up to 30 percent on room rates at greater than 350 participating hotel and resort properties within the brand portfolio of Radisson Hotel Group in Europe, the Middle East and Africa for weekend stays now through Sunday, December 29, 2019… ...but you must... The post Save Up to 30 Percent on Weekends All Year in Europe, the Middle East and Africa With Radisson Hotel Group January Sale 2019 appeared first on The Gate.
Tags: Travel, Deals, Europe, Africa, Middle East, Promotions, Hotels And Lodging, Discounts And Coupons, Loyalty Programs, Radisson Hotel Group, Radisson Rewards, Africa With Radisson Hotel Group

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