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laurainthemiddleeast · 1 year

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Muscat - Wadi Shab

Our first day in Oman was a little atypical for the two of us. We’re usually on the go for pretty much the whole day, but we were both dead tired from our sleepless flight, and I had some sort of stomach bug. We were supposed to go on a snorkelling trip, but somewhat fortunately, the company cancelled it that morning. Joelle and I spent the day at the hotel instead lounging by the pool and on the beach with cocktails and snacks. We noticed there were a lot more European/North American sounding people here than in Jordan. They all seem to be expats living in the UAE.

People from Oman are easy to pick out, because they generally wear traditional clothes. The men wear a long collarless robe called a dishdasha and a cap called a Kummah. It looks formal and beautiful, but it is what they wear every day. The women wear traditional clothing as well, and most wear a hijab, though it isn’t mandatory. Some of the women (not many) also wear a burka or face covering. It looks like a mask with eye cutouts and is meant to mimic the features of a falcon. Later we went out to a restaurant called Ubhar for dinner and tried a few local Omani dishes. They have shuwa beef that they marinate in spices and cook buried in the ground that is delicious. For dessert we had rose flavoured ice cream that I would happily eat every day for the rest of my life.

This morning we got up pretty early and headed on a small group tour to Wadi Shab (the gorge between two cliffs). It’s about a 2h drive from Muscat but we’ll worth it. A you have to take a little shuttle boat, and hike for an hour ish to reach the start of the pools. The hike was beautiful but very very hot. The cliffs are all limestone and have been worn down by people over time. That makes them pretty slippery - though shockingly I didn’t fall. Joelle did though, and she has the bruise to prove it! Locals live in the gorge and farm bananas, dates, and mangos. They have stone culverts that are hundreds of years old that deliver the water from the pools to the farms. They gave us bananas and my new favourite snack, “chips Oman” which tastes like all dressed mixed with sour cream and onion.

The pools are freshwater and so clear and clean that you can drink the water. You have to swim them in most parts; they’re surprisingly deep. Joelle opted for a life jacket to be on the safe side. I think it looked adorable, she disagreed. We waded and swam upstream until we reached this cave. There were dragonflies everywhere! You have to go through this very narrow passageway to get in. Some people’s heads were so big they had to duck underwater! The narrow passage opens up in this cave with a waterfall and natural “skylights” which is stunning. The water in the entire stream was this pretty turquoise colour. Apparently it’s from the natural flora and algae. But the water in the cave was so bright turquoise that it almost glowed.

After our swim/hike back, we went for lunch in a nearby village. We had hummus with a bread similar to roti, lentils, saffron rice, and chicken. They also served this lemonade with mint that was very refreshing. On the way back to Muscat we stopped at the Bimmah Sinkhole. It was formed when saltwater eroded some limestone and collapsed, but locals believe it was a meteorite. It’s saltwater, and communicated with the ocean. There are tons of little minnows in it, that will nibble on your toes/give you a free pedicure.

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shapoorjiproperties · 1 year

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What Makes Dubai The Best Place To Buy Luxury Homes Worldwide?

Dubai is renowned for being a tourist and transportation hub. The emirate is considered one of the most beautiful cities in the world. Thanks to its location, economic stability and policies that embrace the expats, the world is keen to be a part of the growing city.

High net worth individuals (HNWIs) around the globe are flocking to buy into luxury apartments in Dubai. There has been a surge in the number of foreigners relocating to Dubai. Some view it as a second home, whereas others have become citizens. So today, we will look at three reasons that make Dubai the perfect option for HNWIs to acquire luxury homes.

Affordable Luxury Quotient

Compared to other major cities, Dubai has the best value for luxury property. It was not until 2002 that foreign ownership was legalised in the city. Considering how Dubai is a newcomer to the global luxury home destinations list. The town now caters to a luxurious lifestyle of all flavours for every individual.

The Knight Frank 2019 wealth report analysed how luxury homes in Dubai are less pricey than those in other major cities like Monaco, Hong Kong, London, and New York. With $1 million or AED 3.6M in Dubai, you can get as much as 1,539 sq. ft. of luxury property, stated the report, compared to 334 sq. ft. of prime property in London and New York.

One might presume that the low cost of prime property might mean lower construction standards, but that couldn't be further from the truth. Dubai has a portfolio full of superlative property developments. The best real estate developers in Dubai allow the comfort of choice as an ultimate advantage to interested buyers. At the same time, such is the luxury on offer that one can get petrol home delivered at negligible extra cost!

It's Easier To Buy Luxury Property In Dubai

Dubai is a global city with a cosmopolitan population. This means that many people from different cultures and backgrounds are looking for luxury homes in the town. As a booming economy, it is one of the most prosperous cities in the world. Making it an ideal place to invest.

Foreign real estate investors benefit from the capital and income-tax-free system, with additional levies missing from property purchases in Dubai acting as the cherry on the top. This means you will have simpler transactions, more profit and more property to your name compared to other cities.

Combining this with a rapidly growing ROI in the emirate's residential market, steady population growth, and a premium standard of living makes luxury residential property for sale in Dubai an exciting prospect.

The Location Of Dubai

Dubai is situated on the Persian Gulf in the United Arab Emirates. It is roughly at sea level (the Persian Gulf is shallow compared to the oceans). Dubai shares boundaries with Abu Dhabi in the south, Sharjah in the northeast, and Oman's exclave of Musandam in the northwest. The north of Dubai is covered with desert, while the south has sandy beaches. The coastline along Dubai is about 87 kilometres or 54 miles long. At the same time, there are several off-shore islands like Palm Jumeirah, Deira Island and others that have been created using land reclamation.

The emirate geographically gives businesses the best of both the east and west worlds. The time zone it falls under is also convenient for businesses that aim to expand globally, acting as a centre point to match the timings of both the western and eastern sides. Besides, air travel connectivity is also an added privilege. Within a day, you can land in key cities in Asia, Europe, or the Middle East using air or water travel. Pair this with a long-term real estate visa, and nothing can hold the investor or business person in you from buying a luxury home.

Conclusion

Dubai has long been a sought-after destination for luxury home buyers from all over the world. And it's no wonder why – with its stunning architecture, world-class amenities, and incredible location, Dubai has everything you could ever want in a luxury home. If you're considering buying a luxury home in Dubai, Imperial Avenue Downtown Dubai by Shapoorji Properties should be at the top of your list.

FAQ

1) Which property is best to buy in Dubai?

Ans: Imperial Avenue, Downtown Dubai, by Shapoorji Pallonji, is a luxury residential property in the heart of Downtown Dubai. The project offers the finest living amenities like two infinity swimming pools, an indoor and outdoor play area, a mini theatre, and much more. Located in the vicinity of the legendary Burj Khalifa, the views of the majestic Dubai skyline paired with an exceptional living standard are hard to beat when it comes to properties in Dubai.

2) What are the benefits of buying property in Dubai?

Ans:

Availability of property in luxury areas

Affordable luxury homes for sale.

Availability of affordable off-plan property.

Availability of freehold areas.

Consistent development.

Dubai property visa.

Technological advancements.

Secure Living

3) Why is it the right time to buy luxury property in Dubai?

Ans: With the real estate market surging and a predicted uptrend in the following years, right now is the best to invest in Dubai to experience the highest Return on Investment. Dubai's foreign investment market is relatively young; thus, the government is nurturing an investment climate with schemes like a zero-income tax for residents and expats.

#imperial avenue downtown dubai #Shapoorji Properties #apartments for sale in downtown dubai #2 bedroom apartment in dubai #Top Developers in Dubai #real estate property developers in dubai #best real estate developer in dubai

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careersworld · 1 year

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Is Oman a Good Country to Work in?

Due to Oman's attractive pay and tax-free income, people all around the globe is attracted to the country. Another factor is Oman's relatively cheap overall cost of living when compared to other gulf nations. Oman also ranks ninth in terms of safety and security, making it one of the safest nations in the world.

Oman has a large number of employment prospects because to its dependent economy. The health care industry, construction, retail markets, education, and tourism are additional industries with lots of prospects.

Due to the nation's awareness of the tourist sector, Oman has a very low crime rate, is a stunning vacation spot with stunning deserts and coasts, as well as a well-known shopping destination.

Many well-known hypermarkets and shopping centres may be found in Oman. Oman has a sizable portion of undeveloped terrain that is a heady combination of beaches, mountains, and desert. The good news is that Oman will introduce a new long-term investment visa in June 2021 that would grant residents of Oman a renewable residency status for five to ten years. As a result, expats have a variety of visa alternatives to select from, such as retirement visas, professional work visas, and investment permits.

Interested in getting a job in Oman? A hypermarket with operations in Oman is currently seeking competent applicants to fill available positions and is providing competitive compensation and perks. The candidates should be capable of working in a demanding setting and possess strong communication abilities.

Shortlisting is done through an online interview method while the selection process is still in progress. The hypermarket positions in the Gulf nations provide their staff with a relaxed, friendly work environment that also promotes a healthy work-life balance.

Oman Hypermarket Job Vacancy

#oman jobs #hypermarketjobs #careersworld #recruiters #career

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omilionaire · 1 year

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Life has taken a positive turn for three expats from three countries – thanks to Oman’s green initiative, the O! Millionaire draw

Aboubakr Abdulkader is originally from Thrissur, in the Indian state of Kerala. Joy knew no bounds when he received the news that he was a winner of OMR 10,000 at the special draw. The man, who has been eking out a living filling fuel for the last 20 years in Oman, says the win is super special.

“I consider myself very lucky by the grace of God. I purchased the green certificate for the first time and turned into a winner right away. I believe the money will change my life forever,” he explains.

The first person Aboubakr called after winning was his daughter – he plans to use the money for her education. In addition, he wants to support his family members who backed him during his early years of struggle.

Aboubakr, who got to know of the green initiative through YouTube, urges everyone to participate and support a worthy green dream that O! Millionaire aspires to achieve.

He thanks O! Millionaire for conceptualizing the cause that will change the world for the better.

O! Millionaire special draw winner, Tarun Sharma can’t begin to describe how life has changed for him since he won the weekly draw of OMR 10,000.

The Indian expat who now works in UAE says, “I was struggling for a big break for the last three years. I lost my job during COVID-19 but had to pay rent and send money to India too. Though I got a job, I took a personal loan from India to meet ends meet. It was difficult to repay as I was earning less. The win has helped me clear my loans and inspired me to book a new house too.”

Like Aboubakr, Tarun heard of O! Millionaire through social media. He registered and participated in the draw and immediately won.

He says, “When they called to say I won, I double checked to confirm, then called my family who thought I was joking. When I said it was real, my mom started crying. The entire family was overjoyed. O! Millionaire truly changes people’s lives.”

Tarun is proud to be part O! Millionaire’s green initiative which he believes will help the world become greener and more sustainable.

Mohammed Azam from Qatar is thankful to O! Millionaire family for giving him such an ‘awesome’ gift.

Hailing from Hyderabad, in the Indian state of Telangana Mohammed has a wife and three kids who stay with his father and mother back home.

“O! Millionaire has given me an opportunity to bring them to Qatar and spend some quality time with them which otherwise, I couldn’t. The money which when converted turns around Rs 20 lakhs is huge money. It will help me build my dream home and help with my children’s education. I plan to use it in a wise way,” he says.

Mohammed heard about O! Millionaire through his friend.

“Knowing of my financial constraints, he said why don’t you try this initiative? He was the first person I called when I won.” he says.

He appreciates this great initiative as part of which they plan to build an Oasis Park in Oman. He wants to by green certificates, contribute to a good cause and hopes to win the Grand Prize one day.

“It is a fantastic initiative, and now my friends are buying the green certificate on my recommendation,” Tarun says.

O! Millionaire’s goals inspire individuals to make a positive difference in their own lives and their communities.

A green certificate, which participants purchase to support O! Millionaire’s tree-planting programme that forms the basis of Oasis Park, entitles them to an entry for a draw valued at over OMR 6,000,000. The certificate provides participants two chances to win – one through a raffle that pays out one winner OMR 10,000 every week and another through a draw that can bring them prizes valued at more than OMR 6,000,000. The draw is held every Thursday at 8 pm and should no grand prize winner be selected in a draw; a sum of OMR 50,000 will be added to the prize sum every week.

O! Millionaire environmental initiative intends to create Middle East’s most significant green park – the Oasis Park in Oman which will be spread across an area of 1,200 square kilometers and will host 60 million trees. Once Oasis Park is fully developed, it is expected to contribute to CO2 reduction by 1,440,000 tons approximately and will also witness a reduction of the total annual CO2 emission of Oman and will eventually help build the world’s atmosphere.

In line with the key objectives of Oman Vision 2040, this initiative seeks to protect the environment and conserve Oman’s rich biodiversity. It also aims to contribute towards the country’s efforts to reduce its carbon footprint in alignment with the United Nation’s 2030 Sustainable Development Goals. Oasis Park is a bold endeavor to promote conservation, develop sustainability for the country, and support continued research and education. The goal is to take positive steps toward climate change mitigation, carbon sequestration, food security, water security, biodiversity conservation amongst others.

For more information on this initiative, please visit https://omillionaire.com/ and purchase a green certificate worth OMR 2.5. This green certificate confirms their contribution to the Oasis Park project of O! Millionaire.

Citizens and residents of Oman and the world are invited to become part of the O! Millionaire’s Oasis Park community – from environmentalists and environmental enthusiasts to activists, volunteers, and everyone in between – by reaching out to [email protected].

#Lotto Dubai #Lotto Oman #Emirates Lotto #Arab Billionaire #Arab Millionaire #Big Ticket #Emirates Draw #Mahzooz

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kenresearchcompany · 1 year

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Qatar Auto Finance Market Outlook to 2026F: Ken Research

Buy Now

The report “Qatar Auto Finance Market Outlook to 2026F– Driven by Increasing Vehicle Prices and Low Interest Rate in The Country” by Ken Research provides a comprehensive analysis of the potential of Auto Finance industry in Qatar. The report also covers an overview and genesis of the industry, market size in terms of credit disbursed; market segmentation by types vehicle financed, by tenure for new and used vehicles, types of lenders, by types of commercial and passenger vehicles; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Qatar Automotive Overview

Qatar does not manufacture and export motor vehicles itself, however they do re-export motor vehicles. Qatar majorly exports vehicles from Japan, Germany and USA.

In 2019, Qatar re-exported $ ~ Mn worth of Motor Vehicles. Electric vehicle (EV) adoption is still at an early stage, but Qatar is taking serious steps towards electrification. It aims to have ~% of Qatar’s public transit bus fleet from gasoline to electric by 2022. Qatar has automotive investments in several countries, including bus production in Oman and vehicle production in Turkey. The Qatar Investment Authority also owns a stake in German carmaker, Volkswagen

How Is Auto Finance Market Positioned In Qatar?

The Qatar auto finance market experienced a downfall due to factors like Covid outbreak and reduction in population of expats in the country. Covid impacted the production in the market, car manufacturers couldn’t predict the vehicles demand in the future and hence miscalculated the production requirements. The rise in the sale of motorcycles for online food delivery business is contributing in recovery of auto finance sector in the country post COVID-19. Competition is increasing among banks, NBFCs and captives which forced banks to rethink their lending strategy in order to maintain their high market share. Banks are providing 100% and 80% finance for electric and hybrid car/vehicles to Qatari customers and expats to reward them for making an environmentally-friendly choice. This is expected to attract the consumers to opt for auto financing in the country.

Qatar Auto Finance Market Segmentations

By Type of Vehicle: Used vehicle would have a greater demand in the market post COVID-19 since there is shortage in manufacturing and supply of new vehicles. The market is regaining at a steady rate due to increasing demand for personal vehicle post Covid.

By Tenure of Loan for Old Vehicles: Sales of new cars is expected to decline as public transport infrastructure has been improving drastically with the investment of around $ 70 billion in transportation projects in the country.

By Tenure of Loan for New Vehicles: Usually, period of 3 to 4 years is the most common loan tenure for vehicle in the country.

By Type of Commercial and Passenger Motor Vehicle: The commercial vehicle segment is dominating the Qatar Auto Finance Market.

By Type of Passenger Motor Vehicle: In passenger vehicle, the share of 4W is largest because the price of car is comparatively higher than 2W and others.

By Type of Lending Bank: Qatar National Bank is the largest government bank in Qatar and it has subsidiaries and associate companies in more than 30 countries across three continents.

By Type of Commercial Motor Vehicle:

LCV is the majorly used commercial vehicle in Qatar because it is used in transportation of goods. Also, the country is growing its e-commerce which help LCV segment to grow in the country.

By Type of Lenders: Bank is dominant in the auto finance market in Qatar because banks are legally recognized and more reliable source of financing.

Industry Analysis of Qatar Auto Finance Market

National Vision 2030 and FIFA World Cup 2022: Increased Government spending on infrastructure and employment leading to an increase in per capita income and wages would lead to higher sales of automotive and boost auto finance market.

Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDY2

Post-Covid Recovery: Covid-19 and Work from Home culture affected sales of Automotive industry. However, 2022 onwards it is expected that sales will recover as offices will re-open and commercial activities will increase.

Bottlenecks and Challenges in Qatar Auto Finance Market

Trade Embargo: Automotive continued to experience a slowdown due to the Trade Embargo imposed on Qatar by UAE, Bahrain and Egypt.

Time consuming process: Often high amount of paperwork is required for a salesperson and customer to complete an average car loan application.

Key Segments Covered

Qatar Auto Finance:

By Type of Vehicle financed

New

Used

By Tenure (for New and Old Vehicles):

1 year

2 years

3 years and more

By Type of Lender:

Banks

OEMs/Captives

NBFC

By Type of Lending Bank:

Government

Private

By Type of Commercial and Passenger Motor Vehicle:

Commercial

Passenger

By type of commercial motor Vehicle:

LMV

MCV

HCV

By Type of passenger motor vehicle

2W and others

Key Target Audience

Qatar Auto Industries

Government Bodies & Regulating Authorities

Finance Industry

Car company

Automobile dealers and users

Time Period Captured in the Report:

Historical Year: 2016-2021

Base Year: 2021

Forecast Period: 2021– 2026F

Companies Covered:

Qatar National Bank

Doha Bank

Commercial Bank

Al khaliji commercial bank

Ahli bank

Qatar Islamic International Bank

Qatar Islamic Bank

Dukhan bank

Masraf Al Rayan

HSBC

Standard Chartered Check

International Bank of Qatar

First Finance Company

Al Jazeera Finance

Key Topics Covered in the Report

Qatar Automotive Market Overview

Ecosystem of Qatar Auto Finance Market

Qatar Auto Finance Value Chain Analysis

Business Cycle and Timeline of Major Banks in Qatar Auto Finance Market

Market Sizing Analysis of Qatar Auto Finance Market, 2016-2021

Qatar Auto Finance Market Segmentation

SWOT Analysis of Qatar Auto Finance Industry

Trends and Developments in Qatar Auto Finance Industry

Decision Making Parameter for Selecting Car Loan Vendor

Issues and Challenges in Qatar Auto Finance Industry

Growth Drivers of the Qatar Auto Finance Market

Government Policies and Initiatives for Qatar Auto Finance Industry

COVID-19 Impact on Qatar Auto Finance Market

Competition Framework for Qatar Auto Finance

Future Outlook and Projections of the Qatar Auto Finance Market

Market Opportunities and Analyst Recommendations

For more information on the research report, refer to below link: -

Qatar Auto Finance Market Outlook to 2026F: Ken Research

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Singapore Auto Finance Market Outlook to 2025 - Driven by Green Car Loans, Growing Digital Advancements and Increasing Number of Finance Aggregators

Philippines Auto Finance Market Outlook to 2024- Growing Prominence of Captive Finance and Surge in Used Car Sales Supporting Disbursement for Auto Loans

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