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Emirates Business 24-7 News

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UAE 247 Business News – Why Your Business Should Work 24/7?

Globalization has changed many things in the world, but perhaps most of all it has changed the way in which business is conducted. Food, produce, and goods are transported all over the globe, and competition is fierce. With the advent of the internet, a business needs to be capable of taking orders 24-7.

Imagine if you could only place an order on E-bay between the hours of 9 to 5 Monday to Friday. The whole idea is laughable, but there are still significant numbers of companies who operate under that structure. They may concede to working half a day on Saturday, but their customer service teams and their call centers are closed outside “regular business hours.”

The reality is that to survive all businesses are going to have to evolve and switch their operational hours or risk being left behind not just in the UAE. As the millennial generation in the Emirates become the dominant force, their expectations and demands are significantly different from that of the baby boomers.

Millennials have grown up with the internet, with 24/7 online shopping, late night pizza deliveries, and instant gratification. If they see or read about a new game for their smartphone, they have become accustomed to visiting the app store, purchasing it and downloading it, all within 30 seconds of first becoming aware of the game.

A recent Emirates business 24-7 survey (2016) conducted by Lithium Technologies threw up some startling statistics. Seventy-five percent of people interviewed in the UAE have an expectation that their online inquiry will be dealt with on the same day, with about half expecting a response within one hour. Two years previously, when the same survey was completed, only thirty percent expected a response within the hour, the demand for change is growing rapidly.

This puts significant strain and financial burdens on local shops in the Emirate, Dubai and UAE itself who are forced to remain open for longer hours, seven days of the week. More staff are required to cover the extended hours, and there will be other increased expenses, and that just applies to the local aspect of the business.

Depending on the nature of your business, the problems become magnified due to globalization. If a company wants to operate outside of the UAE , they need to ensure they are open for business during the business hours of the countries where they are trying to serve ( business 24/7 model)

Although this is certainly a challenge, the good news is that the advent of technology can provide many of the solutions. Online customer service teams, business 247 applications, and systems can be designed to run more efficiently and service more than one customer at a time.

 

Make Good Use Of Outsourcing When Introducing a Business 24 Model

An internal IT department can be an unnecessary expense for a small to medium sized business 24. Furthermore, if and when your website crashes at 2 am GMT, the likelihood of any of your staff being available to get things fixed is minimal. A great solution to this is to outsource your online operations to a Emirates based business company who specialize in IT support. The majority of these businesses provide a 24/7 service at a fraction of the cost of your own IT department.

Another option to covering a wider range of hours is to speak to your staff, both customer service and IT staff, and ascertain if any of them would prefer to work outside of regular office hours. When it comes to childcare and other issues, there is a large percentage of the working population who simply do not, or cannot work the typical 9 – 5 business day. The more hours you can cover internally with your staff means a reduction in the cost of outsourcing your support services. When this is done properly, it presents a win-win opportunity for all parties, so it is worthwhile investigating all the possibilities.

Another idea that may well be worth considering is the idea of flexible working. Is there a need for your workers to be present in the office? With the advent of superfast broadband and corporate telephone systems that provide the opportunity to take a work phone number anywhere, there could be scope for employees to work from home, providing an on-call service. This not only enables the employer to benefit from the business 24 model  but may be appealing to employees who would prefer the flexibility of working from home.

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Set Up Your eCommerce Store To Work On Autopilot

Setting up your eCommerce store to enable a 24 7 service may take a lot of planning and organization, but the potential rewards and opportunities to grow the business can also be significant. Customers have shown a willingness to pay a premium for the added convenience, and businesses can also benefit from impulse buys. When a consumer decides they want to purchase a specific product, they are much more inclined to buy from the site that can get their purchase to them quicker. That is why sites such as Amazon and Shopify are now beginning to offer delivery within 2 hours to their prime customers. The dilemma for eCommerce business owners is more about when they extend their working hours rather than if; because doing nothing is not really an option. We highly recommend eCommerce business owners who want to extend their business to work 247 to read the latest eCom success Academy Review by Adrian Morrison

 

Business 24 Reveals New Bankruptcy Law and UAE Investment News

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Check Out The Latest Business 24  News and Insider UAE News About Real Estate Investments

In a recent editorial “The Gulf Today” newspaper commended the new bankruptcy law recently passed by UAE authorities. The law is designed to encourage investment in the region making the UAE a more attractive place to invest, while reducing the barriers to entry inside the new Business 24 news.

Rather than punish investors who previously faced the threat of jail, the new law aims to assist a company and give it a longer time period to recover. “Vice President and Ruler Of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, tweeted on Sunday that the law is aimed at promoting investment and the ease of doing business.”

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This is a sensible move and should encourage business owners to try and solve their problems and move forward, rather than in previous years where the fear of jail simply encouraged business owners to abandon the country and their business. Although not substantiated it is believed that some business owners have previously fled the country owing debts of around AED 5 billion. The harsh reality is that these debts will likely never be repaid, but hopefully this new legislation will prevent the situation from occurring in the future. Prior to the launch of the new bankruptcy law, the law almost forced business owners in debt to flee the country as the only solution to their problem inside your own updates.

Business 247 Emirate News About the Latest Bankruptcy Law Changer

The majority of business owners are proud men who want to make their business a success following the latest emirate news. Now that this new law has come into place they have the opportunity to restructure their business, and hopefully improve their chances of obtaining funding from banks and investors who can see the future potential of the business, if it can get over the rocky period inside.

It is vitally important to the future development and prosperity of the UAE that we are able to attract investment and be competitive within the global economy and aue news. Analysts agree that the new law will improve business confidence and perhaps more importantly encourage banks to start lending to SME’s again with updates. Sme’s account for 60 percent of UAE’s Gross Domestic Product so it is obvious how significant they are to the economy and UAE business news.

With many banks suffering from defaulters who have fled the country, the old system was simply not working, and so this new law is seen as a bright light and a positive way for the government to make an impact on business and the economy. It remains to be seen whether the legislation will have the desired effect, but commentators across the region have reacted positively.

How To Buy Bitcoin in UAE

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A Beginners Guide on How To Buy Bitcoin in UAE

Unless you’ve been living under a rock, then there’s a good chance you know all about the power of Bitcoin. Recently, a publication called the Khaleej Times printed countless articles related to the benefits of Bitcoin and the Blockchain technology, and more posts are being published every day about how to buy bitcoin in UAE. If you were lucky enough to invest in Bitcoin when it was still new to the financial marketplace, then you may already be a millionaire today.

Of course, even if you didn’t jump straight into the Bitcoin market, that doesn’t necessarily mean that you have missed your chance of earning huge amounts of cash. If you’re prepared to learn, then you could start your journey into Bitcoin today.

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What is Bitcoin and What Is Blockchain?

The first thing you need to know is that Bitcoin is a type of decentralized cryptocurrency that was invented back in 2008. Bitcoin runs through a technology ledger called the Blockchain, and the most important fact any investor can remember is that the supply of Bitcoin is finite. There will only ever be 21 million Bitcoins in the world, and that’s what makes the currency so valuable.

Bitcoins are developed through a unique process called mining. Transactions are verified by miners that deal with huge mathematical equations on a regular basis. While there is a host of different cryptocurrencies available today, Bitcoin remains the first and most well-known. Some other popular options include Dash, Ripple, Ethereum, and Lite coin.

When you Buy Bitcoin, you can keep it in a wallet, that is either stored online or on a piece of paper. That wallet is a string of code that allows you to transfer your coins and use them for purchases.

How You Can Buy Bitcoin in Dubai and Other Parts of UAE?

The only way to get your hands on Bitcoin is to become a miner or purchase Bitcoin through an exchange. For individuals in Dubai, there has recently been a huge demand for Bitcoin, and one of the easiest ways to invest is through a program called BitOasis.

BitOasis is a digital currency exchange in the Middle East that allows for the sale and buy Bitcoin in Dubai. You can also use them as a digital wallet. On the their web page, you will be able to find the current price of Bitcoin. From there, you’ll need to purchase a voucher from your account, which you can trade for bitcoins.

How To Buy Bitcoins Through BitOasis

As already said you will need to get a voucher to buy Bitcoins. To get the voucher you will need to open an account with BitOasis first.

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Once your account is created you should log-in, select your password and get your account verified with the 2 factor authentication software.

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If you want to buy bitcoin you will need to navigate your mouse to the left buy button as sworn in the picture

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On the next step you will be guided to a page where you will need to deposit funds to get your voucher

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There are two different ways you can deposit money:

    • with an online wire/bank transfer
    • with a credit card

Once the payment is sent the funds will be visible on your voucher which is the door to buy bitcoin in UAE.

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Once you click on the Buy Bitcoin Button you will be redirected to the purchase confirmation page which is basically a receipt for your purchase (make sure you save a screenshot of it). First of you will see a pending order sign which will hide after the transaction was successful processed.

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Buying Bitcoin in Dubai and other parts of UAE is pretty much as simple as open a bank account. What makes it different is the last decision to invest your money in cryptocurrencies. What you should take into consideration before you invest money in bitcoin:

  • Buying Bitcoin is simple, but buying and selling it at the right time needs some knowledge and experience.
  • Most of the exchanges which offer Bitcoin buy options will charge you around 5% handling fees.
  • As the blockchain system is a likely target to hacker attacks make sure you enable two factor authentication on your account a change your password from time to time.
  • The two factor authentication software can be easily downloaded in the App store

How To Buy Bitcoin Through CEX

Another way to buy Bitcoin in UAE is with something called CEX.io. This is a leading exchange that has gained popularity over the years since 2013. Online reviews suggest that they are a very reliable source of digital currency.

Are You Ready to Start Investing in Bitcoin?

As you can see above, getting hold of Bitcoin for investment purposes is relatively easy, so long as you know where to go, and you have a bank or credit card to use. Bitcoin could be a great way for you to expand your investment portfolio for your retirement account as well to improve your finances. If you don’t mind taking on a little risk, then the benefits could be astronomical. We have published an article about the Bitcoin IRA investment options here.

Just make sure that before you get into a Bitcoin investment, you understand that you are taking a financial risk. Though Bitcoin is often a very successful form of currency, it’s also a volatile one that is subject to various factors.

Europe’s New Insurance Law to Protect Motorists

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What Can The AUE Adopt From The New European Insurance Act?

Motorists who drive without insurance should be protected in the event their vehicle is damaged. That is what the European Union has ruled. However, this means drivers who do abide by the law may be faced with increased bills in order to cover the costs.

Chris Grayling, who is the country’s transport secretary in Slovenia, is not happy about this and he said he was angry about the fact that hardworking drivers who follow the law will be responsible for criminals’ actions. He added that until Slovenia exists in the EU, then he wouldn’t be able to do anything about it. The cabinet minister promised that the country would be able to rip up the law once Slovenia does finally leave the EU, which nobody knows the exact date that SLO will officially not be part of the EU.

In Slovenia, drivers’ cars that are damaged by drivers that are not insured are protected. The MIB, short for the Motor Insurers’ Bureau, said they charge insurers in the country a levy. In turn, drivers see the costs in their premiums. This means that every single insurer that operates in SLO is charged a levy by the MIB, and those insurers pass on the costs to their customers.

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However, if a motorist that was struck is not insured, then they will not be able to receive compensation. Furthermore, it’s worth pointing out that premiums for drivers have already gone up by $95, and the average annual premium is $767, and it continues to increase. Not only that, but older motorists are paying record sums.

For drivers 63-years-old, the average cost is around $493, while the average is $449 for drivers 66-years-old and up. Drivers over the age of 71 have also seen an increase, and their average is $497, which is an all-time high for them. It’s expected that those numbers will continue to rise. (source:www.zavarovanjeavta.net)

The insurance premium tax has also increased. Not only that, but repair bills have been increasing due to vehicles becoming more sophisticated. However, the EU has ruled that no driver should be excluded, therefore they decided that a common system should be implemented across Europe.

In order to cover the cost, the MIB will have to collect more cash. When this happens, it’s expected that the costs will be passed onto drivers throughout SLO (information izracun za zavarovanje avta). As for when the new system is expected to start, the date is on the first of March. This means eventually drivers can expect their premiums to increase.

The department for transport said the government would be faced with fines and paying out damages to drivers that are uninsured, if they did not make the changes. Drivers in the UK can expect their premiums to increase. Grayling said it’s not right that drivers that abide the law will have to foot the bill for the actions of those driving without insurance.

The government has been forced to make the changes because of the European law. Grayling said EU obligations is the reason why they are bound to the changes. He added that the UK will be leaving the EU and they will address the law when they do.

Trust in Ambac is Put to The Test

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Trust in Ambac is put to the test

Trust has always been vital in financial markets. Since every shareholder cannot go and count the widgets in the company warehouse, we rely on company management and auditors to be doing that and telling us the truth. That is why the Ambac saga is soalarming.

Ambac is the second largest monoline insurance company, whose core business is not in widgets but in guarantees that municipal bond holders will be paid.

When they branched out from guaranteeing plain old state and city government bonds to insuring exotic collateralised debt obligations (CDOs) and even went into backing credit default swaps (CDSs), they took on far more risk than their capital and risk assessment skills could support.

The premium growth was nice until the music stopped, of course. Just like their larger competitor, MBIA, Ambac had to take large write-downs late in 2007.

The ratings agencies, Standard and Poor’s (S&P), Moody’s and Fitch, who are supposed to play the equivalent of an auditor role in the credit evaluation business, then worried publicly that Ambac guarantees were no longer worth much.

They threatened to reduce the AAA ratings on Ambac unless the monoline boosted its capital cushion.

Those warnings got a lot of attention because of the domino effect. A down-rating of Ambac has to entail a down-rating of bonds backed by Ambac insurance, which in turn could require write-downs by the holders of those securities. Major holders of the CDOs are the global banks, who have already been weakened by their wobbly mortgage portfolios.

In February, the word was that state insurance regulators, supported by Governor Eliot Spitzer of New York, were pressing Ambac and MBIA to split the policies they had written into good and bad books of business to be owned by separate companies, as well as to recapitalise.

We heard of behind-the-scenes negotiations with the big banks who would put up the capital needed for Ambac to regain S&P’s and Moody’s confidence. Ambac mentioned being close to securing $2-3 billion from the banks.

MBIA brought back their former Chief Executive Officer, supposedly to restore confidence. Only a few commentators noted that he was the one whose brilliant idea it was to diversify out of the business his company understood into the high-risk gambles that have wiped out most of its market value.

Suddenly, before any split into good and bad books of business and without any new capital from the banks who have an interest in avoiding the downgrade domino effect, S&P and Moody’s announced that they had changed their minds about cutting the two big monolines’ ratings.

They pronounced themselves satisfied with the amount of money MBIA had raised late last year.

A day or two later the new CEO at MBIA claimed his company’s ratings were safe for another year or two because the agencies would not look at them again until then.

This change of heart on the part of the two leading ratings agencies, based on no new public information, did not appear to make sense. Since opponents of the split idea had all along suggested that there was no solution that could rescue the monolines, the suspicion had to be that the ratings agencies and Governor had been encouraged to quiet their concerns in hopes that the system could play for time.

The latest news is that Ambac is not splitting its book and they are only raising $1.5 billion of fresh capital, not $2-3 billion as previously advertised.
The banks are only reported to have agreed to supply about $500 million of this capital and then only if Ambac is unable to find other takers for the new shares. Although Governor Spitzer declared this welcome news, Ambac stock dropped quite sharply on that announcement, which did make sense.

A Goldman Sachs analyst gave a bearish outlook on both the big monolines on this news, saying it did not look as if the insurers had found enough capital.

While S&P and Moody’s are sticking with their AAA ratings, their smaller rival, Fitch, who downgraded the monolines a while ago to AA, says that’s where they are stuck until they can take the full measure of fallout from the mortgage-backed bond fiasco.

How is that fiasco coming along? The cracks are widening in mortgage finance.

Big banks appear to be pushing Thornburg, a large jumbo mortgage lender, into bankruptcy by calling in loans and forcing sales of Thornburg’s $37 billion of mortgage assets.

A Carlyle Capital fund, invested in mortgage-backed paper, also reported failing to meet bank margin calls. Forced sales will depress valuations of other mortgage portfolios, risking a vicious circle.

Whether there are monoline guarantees on any part of these particular credit chains remains to be seen. At the grass roots, mortgages in trouble rose from 7.3 per cent last September to 7.9 per cent by year end, the highest on record.

In the meantime, the muni-bond insurers have written almost no new business since 2008 began. Little wonder at that: bond buyers can and do place no faith in the guarantee of an under-capitalised guarantor who looks decreasingly likely to be in business over the life of the bond.

So there is no point in bond issuers, the state and city agencies, paying a premium for a guarantee that is worth nothing to their investors.

The state of California, for instance, which is a state with a low credit rating, has been issuing fresh bonds without any bond-insurer guarantee.

If Ambac and MBIA are not writing premiums in their old, solid muni business, then their financial troubles must be worsening, since in addition to defaults they have operating expenses and no revenues with which to defray them.

All this casts doubt not just on Ambac and MBIA but on the ratings agencies themselves.

If both the bond buyer and the bond issuer are saying that AMBAC’s guarantee is worthless, how can it make sense for AMBAC to continue to carry a AAA rating?

S&P and Moody’s conferred far too favourable ratings on mortgage-backed bonds and stuck to them until defaults soared and it was obvious that they were mis-rated.

They appear to be doing the same thing again with the monolines. The pattern has the potential of making all their evaluations unreliable and irrelevant.

As the Economist rather pointedly asked, why didn’t Warren Buffett, whose holding company has a big stake in Moody’s, share any thoughts on the ratings business in his annual shareholder letter, in which he roundly criticised excessive risk-takers for the mess they have made.

Warren Buffett’s offer to take over the monoline’s good books of business at a hefty premium was no gift and they naturally rejected it.

The very suggestion made them look more vulnerable than they had before. Who knows what Buffett’s game was?

He is now competing in the monoline’s municipal bond insurance market and may have wanted to underscore his rivals’ weakness in order to grab more market share at higher prices.

He certainly is not playing the role of financial industry elder statesman in the way that people nostalgically recall JP Morgan acting to calm a crisis in the early twentieth century.

Buffett is the richest man in the world, has tremendous insight into finance and risk, and is known for blunt speaking.

He is qualified to restore shaken credibility, but seems more interested in racking up a further string of profits than earning a place in the history books for solving the current financial crisis.

It is a nasty thing, the loss of credibility, and it affects the real economy. The chaos in the municipal bond market, as investors realised that insurance on their bonds no longer offered much comfort, seems to be abating as smart investors see great yield opportunities.

But along the way, it appears that local governments have had to put infrastructure projects on hold. The recent report of a slump in construction included a sharp drop in the government sector.

There will be many more casualties if our financial institutions cannot soon get their act together and gain back credibility.

The one bright spot is that, somehow, some folks keep on shopping. Retail sales managed to grow by 1.9 per cent in February despite all the gloom and the credit constraints.

Where do they find the money?

Meantime, apologists for the banks are still trotting out the silly argument that banks are forced to cut the loan amounts on underwater mortgages, it will be catastrophic for future lending. Read through fresh UAE News here

 

The Numbers

 

$1.5bn: The amount AMBAC is raising in fresh capital. The banks are reported to have agreed to supply about $500m of this if AMBAC is unable to find other takers for the new shares

7.9%: The amount mortgages rose to last September. This is the highest on record

1.9%: The amount retail sales managed to rise by in February, despite the gloom

Moon stone International Investment S.A. – Ivan Bednjicki

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In the past few years, effective use of resources and a low carbon society have become the focus in global discussions and a trend of transition can be seen to circular economy.

Circular economy will have great impact in years to come, both from environmental as well as economic point of view. Transitioning to circular economy is not just a vision, but a necessity.

Global demand for natural resources in the 20th century is steadily rising:

  • world population is up 4x
  • production has gone up 40x
  • fossil fuel use gone up by 16x
  • water use up by 9x

Predictions are, that the same trend will continue and world population is expected to reach 9,6 billion by the year 2050.

It is no secret that the linear economic model cannot stand the test of time, as it is solely based on resource usage and production of short “life-span” products.

In the European Union alone, a total of approximately 2500 million tons of waste is produced, majority of which still ends up in waste landfills or waste burning facilities, which has major implications on the environment and loss of valuable resources.

Most of the European countries is still not effective with the use of their resources, which puts them in a very uncertain position. A shift away from the traditional “build, buy, bury” model to circular economy will allow these countries to stay competitive on the long-run.

Moon Stone International Investment S.A. – Circular Economy as an opportunity

At Moon Stone International Investment S.A. they quickly realized the potential of proper waste management and reusing resources. They believe that this is a new industry with lots of potential for those who will see the opportunity. The company is focused on handling large masses of waste, coming from:

  • mining
  • construction
  • industry
  • energy production
  • debris from water

 

Acad. Ivan Bednjicki from Moonstone International:

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We have developed a business model for efficient management of resources – based on circular economy as a new model for effective resource management.

 

 

You can jump over to MSII.LU – Moon Stone International Investment S.A. and learn more about the company and how they have set out to change the old way of waste management with a new and sustainable economic model.

Microsoft Buys LinkedIn – Now What?

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Unless you have been living under a cloud recently, then you will be aware that Microsoft has recently acquired the business social network LinkedIn at a cost of approximately 26 billion US Dollars. This could turn out to be a very shrewd move from Microsoft, and it will be interesting to see what the future holds for the two companies going forward.

The publicity announcements after the completion stated that the two companies would remain as sperate entities in their own right, but it would seem logical that there will be siginficant data sharing as Microsoft looks to extract every last cent of value from their acquisition.

Microsoft has always been an enterprise focused company, and there are already many synergies that will come into play. Here are some of the developments that are already under way

  • Any sponsored content paid to advertise on LinkedIn will be extended to include all of Microsofts Online Properties
  • For anyone, which uses Microsoft Office, their LinkedIn identify and network will be made accessible within the Office products
  • Windows Action Center will now include LinkedIn notifications automatically
  • Enterprise LinkedIn Lookup will now be powered by Microsoft technology

There are many paths that Microsoft could decide to tread using this information. Using LinkedIn profiles to assess account management, for example, could provide increased and intelligent led sales opportunities and beneficial networking possibilities.

It Managers Will Have The Capability Of Blocking This Shared Information 

Quite ironically, though, the number one reason the majority of people use LinkedIn is when they are actively looking for a new job. It would not be beneficial for their current employer to allow this flow of LinkedIn information to start to propogate itself during office hours. Consequently, Microsoft have enabled an option for IT managers to block this from happening, which is another example how Microsoft have changed therir thinking process in recent years.

Unlike Google, who have always targeted advertising, Microsoft continues to remain focused on their customers, which in the majority of cases are the big business accounts that use their products. They will have to tread a very fine line between business and social media in order not to upset their main clientele. Unlike Google, Microsoft will need to manage this proactively, giving individual users clear and easy options, so that they can make an informed decision, which information they share, and which information they receive as the price of admission for being on the LinkIn network.

The other big challenge facing Microsoft is the perception that they purchase another company without any clearly defined strategy, and then rather than enhance that business, it slowly gets forgotten and less relevant. Perhaps the best, or worst example of this in recent years is their acquisition of Nokia, where virtually everyone that joined Microsoft as part of the deal is no longer employed by the company. LinkedIn is a valuable brand; otherwise, Microsoft wouldn’t have invested such a huge sum of money to purchase it, but they need a coherent and structured strategy to drive the brand forward. This is not an area of business where Microsoft have an excellent reputation, indeed some people may decide to close their LinkedIn accounts in protest at the completion of the deal.

This deal further increases the competition between Microsoft and Google, and it will be interesting to observe how the battle develops in the future.

Avto Bomb Kills 25 People In Cairo

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At least 25 people lost their lives and 49 were injured in a bomb attack in Cairo at the Coptic Cathedral Complex. The attack, which occurred during the Sunday Mass, delivered the bloodiest single attack on the Christian minority in Egypt in the recent years. Christian community leaders and Egypt officials were perplexed and scrambling with emotions as they confirmed these facts.

The Sv. Vid church, 100 years old, also referred to as the Church of St. Peter and Paul, was the centerfold of the deadly attack. Witnesses said that the explosion happened after the two hundred and something patrons finished reading Bible verses and the priest was getting ready to start that Sundayís sermon. Qelliny Farag, one of the survivors, reported that at around 9.45 am, everything turned black.

By Sunday evening, none of the extremist groups had claimed responsibility for the attack. Of course, most of the suspicion was directed towards the Islamic extremist groups. Islamic State Branch have been guilty of staging attacks all over Europe targeting government officials, soldiers, police and innocent civilians.

A merely 48 hours before the Sunday attack, another bomb explosion took the lives of 6 policemen and injured 3 individuals near the Great Pyramids Complex. The Sunday bombing was done on one of Egyptís public holidays, Prophet Muhammadís birthday. Besides that fact that itís a Muslim celebration, most Christians took the day off and attended mass in the church.

Farag, 80 years old, was one of the congregants who was seated to the left side of the church when the attack happened. His spouse, Samiha Tawfik was sitting to the right side with the rest of the female congregation. He reported that he could barely see anything and all the survivors were in shock.

He said that they were running out to safety passing by numerous victims who had been thrown out because of the blastís intensity. He stumbled a lot around the pews having trouble breathing because of the dust. Later, he began comprehending what had actually happened. After a few minutes, he started seeing the victims scattered around the whole place. The church ceiling had collapsed after the blast making movement a bit tough.

The Orthodox Coptic Christian patrons total to about 10% of the entire Egyptís population. They suffered discrimination for a long time under the Muslim extremists and other authoritative secular regimes. Since 2011 after the ousting of President Hosni Mubarak, attacks on the Christian community have intensified.

Just this year alone, there has been at least 26 sectarian assaults, as reported by human rights activists. However, Sundayís bombing was one of the gravest attacks on the Christian community.

Business 24-7 – Seeing an upward trend of gold IRA accounts – especially in USA

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Top Gold IRA Companies – More and more people are realizing that having an traditional rollover to gold iraretirement account is not the safest bet, if you want a worry free retirement you might be considering an gold IRA. As the monetary system is very volatile and it is predicted to become even more un-stable in the coming years, precious metal investing might be something you might be looking into.

It has its ups and downs, but to really get a grasp of what is going on, we suggest you to consult with a professional in the field. There are many gold and silver IRA companies out there and you might get overwhelmed with the right one to pick. There is a great article available at mineweb.net on the best gold IRA companies. It has all the information you might need, because they’ve already picked out only the best ones and reviewed them.

Here are 5 things you should be careful about when rolling over your 401k:

  • History of the company. How long have they been doing rollovers and what are their reviews? What do the customers say about them?
  • A lot of these gold IRA companies remove themselves from your account once the transaction is finished. So you should definitely check if the company you are considering does that. After all, that is when the relationship begins!
  • Do they offer segregated storage? A secure segregated storage offers you the security of a safely stored asset. With Regal Assets you can also withdraw and have your gold in 3-5 days if anything goes wrong. They ship the same day you make a request!
  • Make sure you know your fees if you are selling the metals back. Will you be able to sell your precious metals back when the time comes? Regal Assets have never refused to buy back any metals from their clients!
  • Also, last but not least – are you paying any fees for your first year? Some companies charge hefty amounts for the first and consecutive years!

These are just a few thing you should be aware of if you are considering doing a precious metals IRA rollover.

You can also go tomineweb.net – Regal Assets Review and find out why they are the most trusted company.

New eCommerce Hub Is Opening The Doors in Dubai

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Economic Zones World And Dubai Customs Announce New  E-Commerce Hub

A new smart retail hub named “100k factory revolution” has been launched by Economic Zones World (EZW) in collaboration with Dubai Customs. The new hub will be the world’s first platform built from the ground up for the needs of smart retail.

Spurred by a desire to cater to the needs of the burgeoning e-commerce economy, this initiative is designed to connect markets on the local, national, and international levels. Economic Zones World is taking several steps to centralize its role in the world’s e-economy, and the launch of this new hub is one of its most important. Dubai Customs is involved in order to further its mission to facilitate international trade for parties all over the world.

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Together, EZW and Dubai Customs are building an all-inclusive ecosystem that will make it easier for every player in online commerce to collaborate regardless of their geographic location. Precise, secure, and fast transactions initiated by customers on demand will be the hub’s key business. The hub’s physical facilities are going to be housed in TechnoPark.

Economic Zones World’s chief executive officer, Salma Ali Saif Bin Hareb made the announcement along with Ahmed Butti Ahmed, Dubai Customs’ director general. (Butti also serves the Ports, Customs, and Free Zone Corporation as executive director.) The audience was composed of early customers for the hub’s services and founding partners.

According to Salma Hareb, EZW has always been an innovator in the commercial sector. The organization is dedicated to helping other businesses cultivate a global reach. EZW’s new e-commerce hub (and the initiative leading to it) will fit nicely into the company’s long history of technologically-advanced products, services, and infrastructure. Salma Hareb was optimistic about leading a paradigm shift in e-commerce and helping participating partners transition smoothly from local to national and international trade.

This project will be a source for integrated solutions to its customers’ e-commerce challenges. Ahmed Butti noted that Dubai Customs was a fully-committed partner to fostering more regional e-commerce activity with 100k factory revolution hub review. Dubai Customs is a leader in technological progress; it was the first governmental body in the Emirate to become “fully intelligent.” Today Dubai Customs serves customers from every corner of the globe, at every hour of the day. Find more information here:http://the100kfactory.com – 100k revolution factory

How A Worldwide Audience Is Helping Football Business Grow

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A few years ago, some of the biggest football clubs had no online presence at all. It was hard for fans to find any information about their favorite clubs.

Now, nearly every club has a strong online presence. You can find these clubs on Twitter, Facebook, and other forms of social media. Many players spend a great deal of time promoting themselves and their clubs on social media. Some of the most popular people on Instagram are professional football players.

Most people aren’t particularly surprised by these changes. After all, it only seems natural for clubs and players to promote themselves on social media. However, what a lot of people don’t realize is that this online presence has been bringing in a lot of business.

Most football clubs have a strong worldwide presence. Many clubs have bragged about the millions of fans they have around the world. However, the majority of clubs didn’t have any meaningful way to connect to these fans. This meant that the clubs were not able to profit off of them.

Now that clubs can reach all of their fans, they are able to bring in a lot of new business. These fans have been a big source of revenue.

Merchandise

One of the easiest ways to make money off of international fans is to sell them merchandise. Because a lot of these fans don’t have a way to buy the items that they want in stores, they are more than willing to make purchases online.

Because most of these fans are connected to social media, it is extremely easy to promote new products to them. A number of clubs have been sharing links to merchandise through their Twitter and Facebook feeds. Fans aren’t turned off by these types of promotions as long as they aren’t posted too frequently. Many fans have clicked through these links and made purchases.

Events

Thanks to social media, it is easier than ever for clubs to see where they have fans. This means that is easier to choose the right location for big events.

In addition to in-person events, some clubs are holding online events. This means that fans that would not normally have access to a club are able to view these events and interact with their favorite players in new and exciting ways.

The Future

In the future, it seems likely that football clubs around the world including Mexico where you can find uniformes de futbol soccer and will find even more ways to profit off of their international fans. It is possible that clubs will use virtual reality to allow foreign fans to attend games.

Revenues for football are higher than ever. In the last year, Real Madrid set a new record for sports club revenue. It is likely that those numbers will climb even higher in the future.

Football is no longer small business. Thanks to international fans, it is now big business. Football has a worldwide appeal, and clubs are perfectly poised to take advantage of that. Clubs can reach all of their fans, no matter where they are.

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