#abu dhabi currency

[eretzyisrael]

by Judith Miller

Last fall, Egypt was on the brink of economic collapse. A decade of debt-fueled spending on a pharaonic-scale had emptied its Central Bank coffers. By February, Cairo’s public debt was 89% of its gross domestic product. External debt had soared to 46% of GDP. The pound, its currency, was one of the world’s worst performing. Unable to import supplies and repatriate profits, foreign companies were leaving, or threatening to leave Egypt in droves. Annual inflation was over 35%, and double that for some food staples. Egypt seemed on the verge of a sovereign default—its first ever.

Then came Oct. 7.

Officials, businessmen, and financial analysts say that however horrific the war has been for Israelis and for Palestinians in Gaza, Oct. 7 has helped save Egypt from economic ruin and growing political unrest. To be sure, Egypt is paying heavily for the ongoing Israel-Hamas war on its border. Its three main sources of revenue—hard currency from the Suez Canal, tourism, and remittances from Egyptian workers abroad—have plummeted by between 30% and 40%. But without Hamas’ horrific massacre, which killed 1,200 people and took another 240 hostage, and Israel’s much criticized retaliation in Gaza, Egypt would probably not have gotten the international financial lifeline that has rescued it yet again from economic ruin, just in time.

“Just after the attack, the government began strategizing, successfully it’s turned out, about how to use the crisis to secure a bailout,” said Ahmed Aboudouh, an Egyptian expert at Chatham House, a London-based think tank. “Oct. 7 helped save Egypt’s economy, at least temporarily.”

Last February, the Abu Dhabi Developmental Holding Company (ADQ), Abu Dhabi’s sovereign wealth fund, unveiled plans to develop a city by the sea on part of the 65-square-mile peninsula of Ras el-Hekma, one of the few undeveloped areas on the Mediterranean coast, part of a sale worth $35 billion in investment and debt relief, the largest foreign direct investment deal in Egyptian history. Egypt will retain a 35% stake in the project. Since Sheikh Tahnoun bin Zayed al-Nahyan, the chairman of ADQ, is Emirati President Mohammed bin Zayed al-Nahyan’s brother and the UAE’s national security adviser, the Ras el-Hekma purchase was far more than a financial transaction. It was part of an Egyptian bailout.

Egyptians bristle at the loss of their nation’s diplomatic clout. By reviving its regional profile, Oct. 7 has bestowed another gift on Egypt.

Then in March, Cairo secured a critical $8 billion loan from the International Monetary Fund, with strong American support. The IMF infusion, in turn, opened other foreign faucets. The European Union promptly agreed to provide another $8 billion in grants and loans, ostensibly to help Egypt’s economy, but in reality, to assure Egypt’s help in preventing Arab and African migrants from reaching European shores. In total, the IMF, Europe, and the Gulf have now poured well over $50 billion of foreign currency into Egypt’s cash-strapped coffers. “The U.S., Europe, and the Gulf clearly agreed that the Sissi government could not be permitted to fail,” said Steven Cook, an expert on Egypt at the New York-based Council on Foreign Relations. “Geopolitics has taken over.”

Only months before, the IMF had not completed the review of Egypt’s loan agreement approved in December 2022, thereby withholding a tranche of the $3 billion rescue package, as the government had failed to deliver on agreed benchmarks. While the fund attributed its about-face in March to the increasing damage being done to Egypt’s economy by the Israel-Hamas war—or what it euphemistically called a “more challenging external environment”—absent American pressure on the fund and on Egypt to agree belatedly to financial reforms it had previously rejected, the IMF loan and even the Ras el-Hekma deal would not have gone through. Since Washington is the fund’s largest shareholder with a 16.5% stake, it holds sway over its key lending decisions.

The Biden administration, too, was obviously unwilling to risk the economic collapse and political destabilization of the Arab Middle East’s largest country and the first Arab state to make peace with neighboring Israel in the midst of one of the region’s deadliest wars in modern history and with other conflicts around it still raging—especially since Egyptian mediation with Hamas was crucial to White House policy. “Egypt has proven, yet again,” said Aboudouh, “that it is, as its elite believes, too big to fail.”

[jonnylovers-in-neverland]

The band have announced Music Of The Spheres World Tour shows for Abu Dhabi, Mumbai, Seoul and Hong Kong in 2025.

Fans in Abu Dhabi, Hong Kong, and Seoul can get exclusive first access to tickets by registering for the presale now. Fans in Mumbai can also register for ticket updates at that link.

JANUARY

11: Abu Dhabi – Zayed Sports City Stadium (support act - Elyanna)

18: Mumbai – DY Patil Sports Stadium

19: Mumbai – DY Patil Sports Stadium

APRIL

09: Hong Kong – Kai Tak Stadium

11: Hong Kong – Kai Tak Stadium

12: Hong Kong – Kai Tak Stadium

16: Seoul – Goyang Stadium

18: Seoul – Goyang Stadium

19: Seoul – Goyang Stadium

22: Seoul – Goyang Stadium

Ticket info for all four cities is below:

Abu Dhabi: The Coldplay.com presale will begin on Wednesday, September 25 at 12PM local time. The general onsale will take place Friday, September 27 at 12PM local time.

Mumbai: The general onsale will take place Sunday, September 22 at 12PM local time.

Hong Kong: The Coldplay.com presale will begin on Monday, October 7 at 10AM local time. The Klook experience package presale will begin Tuesday, October 8 at 10AM local time. The general onsale will take place Thursday, October 10 at 10AM local time.

Seoul: The Coldplay.com presale will begin on Tuesday, September 24 at 12PM local time. The general onsale will take place Friday, September 27 at 12PM local time.

The band will also make a limited number of Infinity Tickets available for the shows at 12PM local time on Friday, November 22. They will cost the local currency equivalent of €20 per ticket and must be bought in pairs.

[ffloorageorge]

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[mariacallous]

Fighting in Sudan, now in its third month, shows no signs of abating. The country’s two rival generals have flouted multiple cease-fires as they vie for control. Abdel Fattah al-Burhan, who first gained power after the 2019 ousting of longtime Sudanese dictator Omar al-Bashir and later cemented his position in a 2021 coup, is fighting Mohamed Hamdan Dagalo, known as Hemeti, who heads the paramilitary Rapid Support Forces (RSF).

Under Bashir, Hemeti led the RSF (formerly known as the janjaweed) alongside Burhan’s army in Darfur. After a so-called Sovereign Council was formed following the 2021 coup, Hemeti stepped in as Burhan’s deputy. However, their relationship became turbulent as both generals squabbled over power and how to merge the RSF into the Sudanese military. The clashes—which began on April 15—have so far resulted in hefty humanitarian costs, with more than 3,000 people dead and some 2.1 million internally displaced.

But the conflict between Burhan and Hemeti is not just a domestic squabble. Sudan is a bridge that links the Middle East and Africa, and its abundant natural resources mean the battle for Khartoum has taken on a regional dimension. Gulf heavyweights Saudi Arabia and the United Arab Emirates view the war as a chance to cement their hegemonic status in the Middle East. While Saudi Arabia supports Burhan, the UAE has backed Hemeti.

Given Burhan’s international legitimacy, the chances of an RSF victory over the Sudanese military are slim. More likely is that Burhan and Hemeti establish rival spheres of control in Sudan that mimic the situation in Libya, where an ongoing rivalry between various political and military factions has created a fragmented state with multiple centers of power. In such a scenario, the RSF would be a thorn in the side of Burhan and his external benefactors—giving the UAE added leverage in the country’s future and helping to cement Abu Dhabi as the emerging preeminent power in the Gulf.

Riyadh and Abu Dhabi—both members of the Gulf Cooperation Council (GCC)—have been ostensible allies for decades. But their relationship has always featured a hint of competition for regional primacy that is now escalating.

For a long time, tensions within the Middle East required Saudi Arabia and the UAE to prioritize partnership over competition. Now, as Riyadh normalizes ties with its archrival Tehran—and appears be to mediating in Lebanon, Syria, as well as among feuding Palestinian political parties—Saudi Crown Prince Mohammed bin Salman has taken his rivalry with the UAE up a notch.

Geopolitical changes have been buttressed by economic ones. In recent years, Saudi Arabia and the UAE focused on diversifying their economies away from oil, forging more prominent regional and international roles in aviation, sports, infrastructure, and other areas. Riyadh under Mohammed bin Salman has shifted from an identity dominated by Islam to hypernationalism, while Abu Dhabi under President Mohammed bin Zayed has adopted a cultural policy that promotes more religious diversity and acceptance.

Abu Dhabi and Riyadh began butting heads in 2009, when they disagreed over where to locate the GCC’s proposed central bank, which would have promoted a more unified Gulf economy and a common currency. The council agreed that the UAE would house the bank, only for Riyadh to pull out of the plan at the last minute without explanation. Neither the bank nor the currency has since come to fruition. Instead, tensions between Saudi Arabia and the UAE have bubbled to the surface—sometimes violently by proxy.

The UAE is considered a partner in Saudi Arabia’s ongoing war against Houthi rebels in Yemen. But since the conflict began in 2015, Riyadh’s and Abu Dhabi’s objectives gradually diverged, as Riyadh supported the internationally recognized government of Yemeni President Abed Rabbo Mansour Hadi, while Abu Dhabi opted to back the Southern Transitional Council. This gave the UAE control over many of Yemen’s ports and islands—and therefore access to the Bab el-Mandeb Strait and the Horn of Africa.

In 2019, fierce clashes broke out between the Southern Transitional Council and Hadi’s forces in a bid to control the port city of Aden. But the Saudi-Emirati rivalry in Yemen was not limited to ports. Reports leaked to Al Jazeera in 2018 showed that Riyadh had planned to construct a pipeline transporting Saudi oil to the Yemeni seaport of Nishtun on the border with Oman, which would have reduced the risk of any Iranian threats by bypassing the Strait of Hormuz. The project would have undermined the UAE’s key position in oil and gas transportation and given the kingdom more control within OPEC.

Outside the Middle East, Washington has also become a key venue for Saudi-Emirati competition. The rise of Mohammed bin Salman—who U.S. intelligence concluded ordered the 2018 murder of journalist Jamal Khashoggi—has caused the relationship between Riyadh and U.S. policymakers to become frosty in recent years. This gave the UAE a golden opportunity to replace Riyadh as Washington’s favorite Gulf military ally.

Abu Dhabi’s standing was only bolstered when it signed the U.S.-sponsored Abraham Accords to normalize ties with Israel in 2020. (The United States is currently promoting Saudi-Israeli normalization, to little bite from Riyadh so far.) While the United States suspended arms sales to Saudi Arabia over the war in Yemen, the Trump administration chose to supply its most advanced fighter jet, the F-35, to the UAE—although the Biden administration paused the sale for review. If the deal goes through, it would make the UAE the first Arab country to receive the plane.

In recent years, Saudi Arabia and the UAE have expanded their competition to Africa—and resource-rich, strategically located Sudan in particular.

Gulf countries have played a significant role in Sudan since Bashir’s ouster. Abu Dhabi and Riyadh immediately funded the Transitional Military Council, the junta that took over, with $3 billion worth of aid. At the time, Saudi and Emirati interests in Sudan were generally aligned, and both helped play a role in the country’s short-lived democratic transition. Both states also extracted concessions from Khartoum: Sudan provided military support for Saudi Arabia in Yemen, and the UAE mediated Khartoum’s accession to the Abraham Accords.

Saudi Arabia and the UAE have also long invested in Sudan’s economy. As of 2018, Abu Dhabi had cumulatively invested $7.6 billion in the country. Since Bashir fell, the UAE has added another $6 billion worth of investments that include agricultural projects and a Red Sea port. In October 2022, Riyadh announced that it would invest up to $24 billion in sectors of Sudan’s economy including infrastructure, mining, and agriculture.

As emerging Middle East hegemons, Riyadh and Abu Dhabi are now at odds—each seeking to control Sudan’s resources, energy, and logistics gateways by aligning with Burhan and Hemeti, respectively. While their interests in the country initially aligned—particularly when Bashir remained neutral during the Saudi-Emirati blockade on their foe Qatar—Burhan has since sought to thaw relations with Doha. The UAE gained trust in Hemeti because RSF fighters had been active in southern Yemen since 2015 and in 2019 expanded to Libya to back Gen. Khalifa Haftar, one of the country’s rival leaders who is backed by Abu Dhabi.

While Saudi Arabia has cooperated with Egypt in supporting Burhan, the UAE has collaborated with Russia in supporting the RSF through the paramilitary Wagner Group. The Wagner Group has been active in Sudan since 2017, when it signed contracts with the country’s resource ministry for projects in Darfur, where the RSF was active. Wagner in 2019 became active in Libya, fighting on behalf of Haftar. (After Wagner’s failed mutiny in Russia last month, its future is uncertain, though reports suggest the group is still operating “as usual” in the many countries where it is active.)

Abu Dhabi has kept silent about its alliance with the RSF. But reports suggest Hemeti has acted as a custodian of Emirati interests in Sudan, guarding gold mines controlled by Wagner; gold from these mines is then shipped to the UAE en route to Russia. The three-way relationship between the UAE, the RSF, and Russia via the Wagner Group was cemented by Russia’s February 2022 invasion of Ukraine, when Moscow became more dependent on gold and other finances to mitigate the impact of Western sanctions. The U.S. Treasury Department recently sanctioned two firms associated with Hemeti that operate in the gold industry, Al Junaid and Tradive. They are based in Sudan and the UAE. (Treasury also sanctioned two defense companies associated with Burhan.)

While the UAE has been fighting for gold, Saudi Arabia has worked tirelessly to brand itself as a peacemaker and humanitarian in Sudan. Riyadh has sponsored cease-fire talks with the United States in the Saudi city of Jeddah, provided aid to the Sudanese people both inside and outside the country, and helped evacuate many civilians out of Khartoum. Egyptian President Abdel Fattah al-Sisi—a Saudi ally—has also provided aid to the Sudanese military, particularly air support, in its bid to regain full control of the state.

Analysts have suggested that Egypt may be considering a full-scale invasion of Sudan in a bid to help Burhan fight the RSF. This would ensure that Saudi investments in Sudan are protected and also expand Riyadh’s influence into Africa. But, as Mahmoud Salem recently wrote in Foreign Policy, Egypt finds itself in a Catch-22: Cairo “does not have the resources or the desire to fight a war, yet it cannot afford to ignore the situation any longer.”

The fall of Sudan under the control of either Burhan or Hemeti—and thereby either the Saudi or Emirati sphere of influence—would shift the balance of power in the Gulf and escalate tensions between Riyadh and Abu Dhabi. But it is unlikely that the outcome of the war will be this clear-cut: Similar to Libya, Sudan is likely to fracture even further, perhaps along ethnic and tribal lines.

The conflict in Sudan is an opportunity for both Saudi Arabia and the UAE to expand their regional presence—and control. For Riyadh, a total victory for the Sudanese military would reinforce its stature as a leader in Arab and Islamic worlds. For the UAE, any RSF gains create leverage to weaken Riyadh’s grip over the Middle East—which would be a win for Abu Dhabi.

[ashrafmurad63]

United Arab Emirates: Dubai and Abu Dhabi boast mild weather in December, perfect for exploring iconic landmarks like the Burj Khalifa or indulging in desert safaris and luxury shopping experiences.

https://2u.pw/9aFHIWdD

Dubai is a world-famous tourist destination known for its modern architecture, luxury shopping, vibrant nightlife, and rich cultural heritage. Here’s a guide to some of the most popular attractions in Dubai:

Iconic Attractions

Burj Khalifa: The tallest building in the world, offering panoramic views of Dubai from its observation decks on the 124th, 125th, and 148th floors. Visit at sunset for stunning vistas.

Palm Jumeirah: A man-made island shaped like a palm tree, featuring luxury resorts, including Atlantis The Palm, which hosts Aquaventure Waterpark and The Lost Chambers Aquarium.

Dubai Frame: A giant frame offering breathtaking views of both old and new Dubai, symbolizing the city’s transformation.

Dubai Fountain: Located at the base of the Burj Khalifa, this fountain features captivating water and light shows choreographed to music.

Cultural and Historical Sites

Al Fahidi Historical Neighborhood: Explore traditional Emirati architecture, art galleries, and museums in this historic district.

Dubai Museum: Housed in the Al Fahidi Fort, this museum showcases Dubai’s transformation from a fishing village to a global metropolis.

Jumeirah Mosque: An iconic mosque that welcomes non-Muslim visitors for guided tours to learn about Islamic culture.

Shopping Experiences

The Dubai Mall: One of the largest malls in the world, featuring luxury brands, an indoor ice rink, and the Dubai Aquarium & Underwater Zoo.

Mall of the Emirates: Famous for Ski Dubai, an indoor ski resort.

Souks: Visit the Gold Souk, Spice Souk, and Textile Souk in Deira for traditional shopping experiences.

Family-Friendly Attractions

Dubai Parks and Resorts: A complex featuring theme parks like Motiongate Dubai, Bollywood Parks, and Legoland.

IMG Worlds of Adventure: One of the largest indoor theme parks in the world, featuring Marvel and Cartoon Network zones.

Dubai Miracle Garden: A stunning flower garden with elaborate floral designs and sculptures.

Adventure and Outdoor Activities

Desert Safari: Experience dune bashing, camel rides, sandboarding, and traditional Bedouin-style dining in the desert.

Skydive Dubai: Tandem skydives over the Palm Jumeirah or the desert for a thrilling experience.

Dubai Marina: Take a yacht cruise or enjoy water sports like jet-skiing and paddleboarding.

Beaches

JBR Beach: A lively beach with restaurants, water sports, and an open-air cinema.

Kite Beach: Popular for kitesurfing and family activities.

La Mer: A trendy beachfront destination with dining, shopping, and entertainment.

Tips for Visiting Dubai

Best Time to Visit: November to March, when the weather is cooler.

Transportation: Use the Dubai Metro, taxis, or ride-hailing apps for convenience.

Cultural Sensitivity: Dress modestly and respect local customs, especially in public areas.

Currency: The currency is the UAE Dirham (AED).

call to action

https://2u.pw/9aFHIWdD

[coineagle]

Unraveling Trump’s Bold Crypto Intentions: Genuine insight or Mere Posturing?

Key Points

Donald Trump aims to position the U.S. as a global hub for Bitcoin and cryptocurrency innovation.

A recent Polymarket poll showed skepticism towards Trump’s Bitcoin reserve promise, with only 28% believing it will happen.

The focus on cryptocurrency has heightened in U.S. policy discussions following the transition from former President Joe Biden to Donald Trump. Trump, known for his ambitious promises, has consistently expressed his intent to establish the U.S. as a global hub for Bitcoin and cryptocurrency innovation.

Trump’s Crypto Vision

In a recent conversation with CNBC’s Jim Cramer at the New York Stock Exchange, Trump emphasized his vision of making the U.S. a leader in the crypto space. He hinted at the establishment of a strategic Bitcoin reserve, stating, “We’re gonna do something great with crypto because we don’t want China, or anybody else … but others are embracing it, and we want to be ahead.”

This statement came around the same time as Anthony Scaramucci’s prediction that China might re-enter Bitcoin mining and incorporate Bitcoin into its reserve assets. On the other hand, Changpeng “CZ” Zhao, former CEO of Binance, speculated at the Bitcoin MENA 2024 conference in Abu Dhabi that smaller nations might take the lead in adopting Bitcoin reserves.

Is the Promise Genuine?

Trump’s pro-crypto stance marks a significant shift from the current administration’s policies and offers a fresh perspective for digital currency enthusiasts. His campaign promises include creating a national strategic Bitcoin reserve, sparking widespread interest.

In Russia, lawmaker Anton Tkachev has proposed establishing a Bitcoin reserve to counter geopolitical risks and sanctions. However, a recent Polymarket poll reveals skepticism towards Trump’s Bitcoin reserve plans, with only 28% of voters believing it will materialize within his first hundred days in office.

This skepticism raises questions about the feasibility of Trump’s vision of making the U.S. a crypto capital. The upcoming months will reveal whether these bold proclamations will translate into tangible action or simply fade into political rhetoric.

[blockinsider]

Bridgewater’s Founder Endorses Gold and Bitcoin as ‘Hard Money’ Over Debt

Key Points

Billionaire investor Ray Dalio advocates for “hard money” assets like gold and Bitcoin over debt assets.

Dalio warns of a potential debt crisis due to rising indebtedness in major economies.

Ray Dalio, the billionaire founder of Bridgewater Associates, recently shared an insightful investment strategy during a series of finance and cryptocurrency conferences in Abu Dhabi. His advice was to prioritize “hard money” assets such as gold and Bitcoin over debt assets.

Dalio expressed serious worries about the escalating debt in major economies, including the United States and China. During his speech at the Abu Dhabi conference, he stated his belief in an impending debt money problem, and his preference for hard money like gold and Bitcoin over debt assets, such as bonds.

Gold and Bitcoin: The Preferred Investments

Dalio, who owns a small amount of Bitcoin, has previously referred to it as “almost a younger generation’s alternative to gold.” Despite his cautious support for Bitcoin, he emphasized gold’s status as the “well-established blue-chip alternative to fiat money.”

Both gold and Bitcoin are currently receiving considerable attention, with both trading near record highs. Investors increasingly view these assets as reliable safeguards against economic volatility, geopolitical conflicts, and changing monetary policies. Recently, Bitcoin surpassed $100,000 for the first time, driven by optimistic remarks from influential figures.

Assets linked to physical commodities or controlled supply systems, often referred to as hard money, seem more attractive amid skyrocketing global debt levels. Dalio emphasized that the escalating debt in the United States, China, and other major economies, except Germany, has reached unsustainable levels. He cautioned about an inevitable debt crisis that could destabilize various currencies.

The Future of Currency

Dalio identified five major forces shaping the future: debt, monetary systems, economic stability, rising wealth inequality, and international conflicts. In a 2023 interview with CNBC’s Squawk Box, he warned of an imminent threat to traditional currency systems. According to Dalio, excessive money printing, a global phenomenon not limited to the United States, undermines financial stability.

Following the 2008 financial crisis and during Bitcoin’s early phase, Dalio began studying the rise and fall of the three latest global reserve currencies: the Dutch guilder, British pound, and US dollar. According to Dalio, three concurrent cycles shape currency dominance: the generation of debt and financial assets, internal conflicts fueled by wealth, and the emergence of a new power challenging the reigning currency.

A currency’s ability to survive these cycles depends on the economic strength backing the reserve status. Currently, the US dollar is in the initial cycle, where debt and credit boost purchasing power. Dalio’s recognition of Bitcoin as an “alternative to gold” indicates its increasing importance in investment circles.

[mariammohamed21]

Egypt intends to develop the Red Sea peninsula.

Egypt has begun advertising another large Red Sea peninsula, the Ras Banas headland, to resort developers. you can visit the red see by booking 7 Days Cairo, Alexandria, and White desert Luxury package to see the large red peninsula. Egypt's minister of housing and urban communities, Sherif El Sherbiny, announced on Saturday that the region is being offered in a deal comparable to the Ras El Hekma program on the Mediterranean coast, which was agreed upon in February. book your tour to Egypt tours to see the magnificent sightsees in Egypt.

The state kept 35% of the $35 billion Ras El Hekma, while ADQ, an Abu Dhabi sovereign wealth fund, came in to fill the gap. you can visit the Red Sea by booking through Egypt luxury tours to see the beauty of the Red Sea.

Ras Banas, 160 kilometers south of Marsa Alam, is located on the mostly undisturbed southern stretch of Egypt's Red Sea coast. It stretches 50 kilometers out into the sea, adjacent to the St. John's coral reef system, which has numerous scuba diving opportunities. you should visit Marsa Alam by booking 10 Days Luxury Package to Egypt to explore the amazing sightsees. Houthi terrorists stationed in Yemen have launched attacks on shipping in the southern Red Sea, causing a significant drop in Egypt's Suez Canal profits, although tourism appears to be unaffected. spend your holiday with your family by booking a 15-Day Luxury Trip In Egypt to enjoy the Egyptian vibes,

Egypt plans to attract 30 million tourists per year by 2028, more than double the previous high of 15 million in 2023. It plans to build between 250,000 and 300,000 more hotel rooms as part of that initiative. explore the magical sightsses by booking 4 Days Egypt luxury tour to Cairo, Alexandria, and a white desert to enjoy your holiday by the sea.

In addition to Ras Banas, the government is courting developers for Ras Gamila, a small peninsula in south Sinai that has previously been linked to proposals to build ten hotels totaling 3,000 rooms. book your tour now to 10-day Egypt luxury tour packages from Cairo airport to make unforgettable memories with your family. Asharq Bloomberg reported in April that Saudi Arabia's Ajlan & Bros Holding Group planned to develop the project for $1.5 billion, but officials have since denied the reports, stating that "no offer for the development of Ras Gamila would be considered until an international advisory firm" presents an investment plan. spend your vacation through 9 days luxury tour to Cairo, Luxor, and Hurghada by booking 4 Days Itinerary Giza pyramids and Fayoum Luxury Tour to see the great history of Egypt. The minister also spoke about a new platform that will allow international investors to launch and manage property transactions from outside using hard currency. spend your holiday in Egypt by booking 16 Days Tour in Egypt to see the progress.

@cairo-top-tours

[tradingviewuae]

Forex Trading Courses: A Comprehensive Guide for Beginners and Advanced Traders

Forex trading is a dynamic and potentially profitable activity, but it requires a solid understanding of the market and effective trading strategies. Whether you are new to forex trading or looking to sharpen your skills, enrolling in a professional forex trading course can provide the knowledge and tools you need to succeed in the global currency markets. At FxCartel, we offer comprehensive Forex Trading Courses in Abu Dhabi, designed to help traders of all levels achieve their financial goals.

1. What is Forex Trading?

Forex, or foreign exchange, refers to the process of buying and selling currencies. It is one of the largest financial markets in the world, with a daily trading volume exceeding $6 trillion. Forex trading involves predicting the value of one currency relative to another, such as EUR/USD or GBP/JPY. Traders can profit by buying low and selling high, or by selling high and buying low, depending on market conditions.

2. Why Take a Forex Trading Course?

Investing in a forex trading course is essential for anyone serious about entering the market. Here are some reasons why a structured course can make a significant difference:

Learn from Experts: Forex courses are typically taught by experienced traders who understand the complexities of the market. Their guidance will help you avoid common mistakes and increase your chances of success.

Comprehensive Learning: A well-rounded course covers the fundamentals of forex trading, including market analysis, risk management, and trading strategies.

Practical Skills: Many forex courses include hands-on practice through demo accounts, allowing you to apply what you've learned in real-time without the risk of losing money.

Updated Strategies: Forex trading strategies evolve with market trends. A course ensures you stay up-to-date with the latest techniques and tools.

At FxCartel, our Forex Trading Courses in Abu Dhabi are designed to cater to both beginners and advanced traders, ensuring a personalized learning experience that suits your individual needs.

3. Key Topics Covered in Our Forex Trading Courses

Our forex trading courses cover a wide range of essential topics to help you navigate the forex market confidently:

Understanding Forex Markets: Learn the basics of currency pairs, market participants, and trading platforms.

Technical Analysis: Gain insights into chart patterns, indicators, and tools used to analyze price movements and predict market trends.

Fundamental Analysis: Understand how economic news, geopolitical events, and interest rates impact currency values.

Trading Strategies: Discover various trading strategies such as scalping, day trading, and swing trading, and learn how to choose the best one for your trading style.

Risk Management: Learn how to manage your risk by setting stop-loss orders, using leverage wisely, and diversifying your trades.

4. Benefits of Live Forex Trading Classes

While self-study can be beneficial, live trading classes offer the added advantage of real-time interaction and personalized guidance. Our live forex trading classes provide you with an opportunity to:

Engage in Real-Time Market Analysis: Our experienced instructors analyze the market live and share their insights, helping you understand the rationale behind every trade.

Ask Questions: Live sessions allow you to ask questions, clarify doubts, and gain immediate feedback.

Network with Other Traders: Join a community of like-minded traders, exchange ideas, and collaborate for mutual learning.

At FxCartel, we believe that the best way to master forex trading is through live classes where you can learn and practice simultaneously. Explore more about our Live Trading Classes to kickstart your trading career.

5. Choosing the Right Forex Course for You

When selecting a forex trading course, it's important to consider factors such as the course content, the experience of the instructors, and the resources available for students. Here are a few tips to help you make an informed decision:

Course Content: Ensure that the course covers both the theoretical aspects and practical applications of forex trading. A balanced curriculum will provide you with a strong foundation and the skills to trade effectively.

Experienced Instructors: Look for courses taught by traders with a proven track record in the forex market. Experienced instructors can provide valuable insights and strategies that you might not find in textbooks.

Support and Resources: A good course should offer ongoing support, including access to trading tools, resources, and a community of traders.

FxCartel’s Forex Trading Courses in Abu Dhabi are designed to give you a well-rounded education, preparing you to trade with confidence and make informed decisions.

6. Start Your Forex Trading Journey Today

If you’re ready to take the leap into forex trading, there’s no better time than now. At FxCartel, we offer tailored Forex Trading Courses that cater to your unique needs and skill level. Whether you’re just starting or looking to improve your existing knowledge, our expert-led courses will guide you every step of the way.

Start your forex trading journey with FxCartel today, and gain the skills you need to succeed in one of the world’s most exciting financial markets!

[englishwiseae]

Understanding the PTE Exam Fee Structure

Universities, governments, and professional bodies worldwide recognise the Pearson Test of English (PTE), a well-liked assessment of English language ability. The test helps non-native English speakers meet academic or immigration requirements by evaluating their language skills. To aid in financial planning, it is crucial to comprehend the PTE’s pricing schedule prior to taking the test. This tutorial will explain the PTE exam fee in Abu Dhabi schedule, look at the variables that influence the price, and offer advice on how to manage spending properly.

1. PTE Exam Fee Overview

PTE exam prices vary by region and are susceptible to fluctuate depending on a number of variables, including administrative fees, national regulatory fees, and exchange rates. According to recent reports, the general costs for the PTE Academic exam range from $180 to $220 USD, depending on the location. For example:

Australia: $385 AUD

15,900 Indian rupees

USD $220 in the US

British pounds: £190

The normal reservation for the PTE Academic exam, which consists of reading, writing, speaking, and listening components in a single three-hour session, is covered by these rates.

2. PTE Exam Fee Breakdown

Although the cost of the typical PTE exam might appear simple, a number of extra expenses may affect the total:

Regular versus Late Reservation Fees

To avoid additional costs, it is best to schedule the PTE exam well in advance. There is frequently a $25–$50 late booking fee when making reservations closer to the exam day. Candidates who make last-minute reservations will be charged more, although late booking fees help the Pearson centres efficiently manage schedules.

Fees for Rearranging

If your exam date needs to be changed, a rescheduling fee is typically involved. When you decide to reschedule, you will determine the cost:

When the exam is more than 14 days away, there are usually no extra fees or very little.

A rescheduling fee is levied within 7–14 days prior to the exam; this fee is typically 50% of the original exam fee.

Less than seven days before the test: The cost of rescheduling can be equal to the entire PTE exam fee in Abu Dhabi, effectively covering the price of a new time slot.

Fees for Cancellations

Pearson usually gives partial reimbursements for PTE exam cancellations, depending on how far in advance you cancel:

Over 14 days prior to the exam: A refund of roughly half of the test fee is possible.

7–14 days before the test: Refunds are uncommon and might only be used to pay for administrative expenses.

Refunds are not available less than seven days before the test.

Extra Charges for Score Reports

The ability to send test results to several universities for free is one of the PTE’s special advantages. However, there can be extra fees if you want a formal physical score report or require special expedited services. The regional service options affect these prices.

3. Special Situations and Modifications to Fees

Periodically, PTE may modify its fees in response to operational considerations in specific locations or currency movements. For the most recent cost revisions, it’s a good idea to contact a local test centre or visit the official Pearson PTE website on a regular basis.

Discounts and Promotional Offers: 

Some nations or organisations may provide discounts to entice students or particular groups to take the PTE exam. For instance, some universities or test-taking facilities may collaborate with Pearson to offer fee reductions to students applying for particular academic programs. 

Fee Adjustments for Economic Changes: 

In areas where economic shifts affect the general cost of living, the PTE exam fees may be modified accordingly; however, these adjustments are usually small and may only have a minor impact on the total PTE exam fee in Abu Dhabi.

4. How to Reduce the Cost of the PTE Exam

The following advice may help you control and possibly reduce the cost of your PTE exam:

Make reservations in advance

One of the best strategies to save late fees is to schedule the PTE exam well in advance. The majority of testing facilities accept reservations up to several months in advance, so you have plenty of time to reserve a spot without incurring extra fees.

Steer Clear of Needless Rescheduling

Choose your exam date wisely, keeping in mind your degree of preparation and personal obligations. You can avoid the hassle of adjusting your study schedule and the associated rescheduling fees by avoiding last-minute rescheduling.

Look for Scholarships or Special Offers

For qualified applicants, certain educational institutions and funding programs may pay all or a portion of the PTE exam fee in Abu Dhabi. You might save a lot of money by looking into or asking about such offerings.

Use Free Score Reports

Candidates can send their PTE results for free to several different colleges. Make the most of this tool by including all of your preferred universities when scheduling your test. This will lessen the need for future requests for score reports.

[incrediblesphere]

UAE Currency Museum: A Glimpse into the Rich Monetary History of the Emirates

[forexsignals32]

Best Forex Signals for United Arab Emirates in 2024: A Comprehensive Guide

The Forex market is fast-paced and can be challenging to navigate, especially for new traders. For traders in the United Arab Emirates (UAE), accessing reliable Forex signals is crucial to making successful trades and maximizing profits. Forex signals provide timely information and recommendations on market entry and exit points, helping traders to make informed decisions.

In this guide, we’ll dive deep into the top Forex signal providers available in the UAE, highlighting their strengths, features, and benefits. Leading this list is Forexbanksignal.pro, a signal service that offers unparalleled reliability and accuracy for traders in the region. By understanding which signal providers perform best, UAE traders can significantly improve their trading outcomes.

What Are Forex Signals?

Forex signals are trade recommendations based on market analysis that help traders decide when to buy or sell currency pairs. These signals can be generated by experienced analysts or automated algorithms. They usually include:

Currency pair to trade (e.g., EUR/USD, USD/AED)

Entry price level (the price at which to enter the market)

Take-profit and stop-loss targets (to secure profits or minimize losses)

Timeframe for how long the trade should be held

Signals help traders save time and reduce emotional trading mistakes by offering clear guidelines. For traders in the UAE, where Forex trading is popular but competitive, using reliable signals is vital for long-term success.

Why Forex Signals Are Crucial for UAE Traders

The Forex market in the UAE, particularly in financial hubs like Dubai and Abu Dhabi, is growing rapidly. With numerous brokers and investors trading around the clock, it’s important for traders to stay ahead of the curve. Forex signals provide:

Time efficiency: Traders receive clear buy and sell recommendations, reducing the need for extensive market analysis.

Reduced risk: With professional insights and stop-loss levels included, traders can minimize risk.

Improved profitability: Access to real-time, accurate signals increases the chances of making profitable trades.

Now, let's explore the top Forex signal providers that cater to UAE traders.

1. Forexbanksignal.pro – The Best Forex Signal Provider for UAE Traders

When it comes to choosing the best Forex signal provider, Forexbanksignal.pro consistently ranks as the top choice for UAE traders. This platform provides accurate, high-quality signals specifically tailored to meet the needs of the region’s traders.

Why Forexbanksignal.pro Is Ranked #1:

Unmatched Accuracy: Forexbanksignal.pro boasts an accuracy rate of over 85%, ensuring that the majority of its signals are profitable. Traders can follow their recommendations with confidence, knowing they are based on in-depth analysis.

User-Friendly Interface: The platform is simple to use and offers real-time signal delivery via email, SMS, or mobile app notifications. This ensures that traders never miss an opportunity.

Focus on UAE Market: Forexbanksignal.pro focuses on key currency pairs relevant to the UAE market, including USD/AED and EUR/AED. This regional focus helps UAE traders make the most of local market conditions.

Affordable Plans: Whether you are a beginner or an experienced trader, Forexbanksignal.pro offers subscription packages to suit every budget. Their competitive pricing ensures high-quality signals at an affordable rate.

24/7 Customer Support: Traders benefit from round-the-clock customer service, a feature that’s essential for those dealing with time-sensitive trades across different time zones.

Key Features:

Over 85% accuracy rate

Focus on currency pairs popular in the UAE

Real-time alerts via SMS, email, and mobile apps

Flexible subscription plans

24/7 customer support

Forexbanksignal.pro is perfect for UAE traders who want reliable, high-quality signals to enhance their trading strategy and increase profits.

2. Learn 2 Trade

Learn 2 Trade is another strong contender for UAE traders looking for accurate and reliable Forex signals. While based in the UK, this platform offers excellent signals and educational resources that appeal to traders worldwide, including those in the UAE.

Why Learn 2 Trade Is Popular Among UAE Traders:

High-Quality Signals: Learn 2 Trade’s team of analysts generates signals based on deep technical analysis, offering accurate entry and exit points for various currency pairs.

Educational Resources: This platform goes beyond just providing signals. It offers extensive educational content to help new traders improve their understanding of the Forex market.

Free Signals: Learn 2 Trade offers a free signal service, which is an excellent option for beginners who want to test the service before committing to a paid plan.

Key Features:

Free and premium signal options

Educational materials for beginner traders

Real-time alerts via Telegram

Signals for major currency pairs and crypto markets

For traders in the UAE who value education alongside signals, Learn 2 Trade provides a well-rounded experience, making it a popular choice.

3. 1000pip Builder

1000pip Builder is a well-established Forex signal provider known for its long-term success and high accuracy. This service is ideal for UAE traders who seek consistent profits through quality signals.

Why Choose 1000pip Builder:

Proven Track Record: 1000pip Builder has an excellent reputation, with a solid history of delivering consistently profitable signals. They offer signals for major, minor, and exotic currency pairs.

Detailed Trade Analysis: Each signal comes with in-depth market analysis, explaining the reasoning behind the trade. This is beneficial for traders who want to learn as they trade.

High Accuracy: With an accuracy rate of 70% or higher, 1000pip Builder has helped many traders achieve consistent profits.

Key Features:

Signals for major, minor, and exotic currency pairs

Detailed market analysis with each signal

High accuracy rates and reliable performance

Real-time alerts via email

1000pip Builder is an excellent choice for UAE traders who want a consistent and reliable signal service that focuses on quality rather than quantity.

4. ForexSignals.com

ForexSignals.com offers a unique blend of Forex signals and a comprehensive learning platform. This service caters to both beginner and experienced traders, making it a versatile option for traders in the UAE.

Why ForexSignals.com Is Worth Considering:

Experienced Traders: ForexSignals.com connects users with professional traders who offer their insights and trade recommendations. This helps UAE traders gain valuable market knowledge.

Educational Hub: ForexSignals.com provides extensive educational resources, including live trading rooms, webinars, and tutorials. These resources can help traders in the UAE improve their trading strategies.

Community-Driven: The platform boasts a large community of traders, allowing users to share ideas, strategies, and market insights.

Key Features:

Professional signal providers and analysts

Live trading rooms for real-time insights

Educational resources including webinars and tutorials

Active community of traders

ForexSignals.com is ideal for UAE traders who want to combine high-quality signals with an educational experience.

5. Pips Alert

Pips Alert is another top Forex signal provider that offers a range of services to help UAE traders navigate the Forex market. This platform focuses on providing clear, concise signals that are easy to follow.

Why UAE Traders Choose Pips Alert:

Simple, Effective Signals: Pips Alert specializes in sending clear and straightforward signals, making them easy to follow even for novice traders.

Diverse Currency Pairs: Traders can receive signals for a wide range of currency pairs, including both major and exotic pairs.

Focus on Consistency: Pips Alert aims to deliver steady returns by focusing on consistency rather than high-risk, high-reward trades.

Key Features:

Easy-to-follow signals suitable for beginners

Signals for a variety of currency pairs

Real-time alerts via mobile app and email

Focus on steady and consistent profits

Pips Alert is perfect for traders in the UAE who prefer straightforward, low-risk signals that offer steady returns over time.

How to Choose the Best Forex Signal Provider in the UAE

Selecting the right Forex signal provider can be a game-changer for your trading success. Here’s what to look for when choosing a signal service in the UAE:

1. Accuracy of Signals

The most important factor is the accuracy of the signals provided. A signal provider with an accuracy rate above 70% will give you a better chance of making profitable trades.

2. Delivery Method

Ensure that the provider offers signal delivery methods that suit your lifestyle. Whether it's via SMS, email, or a mobile app, choose a service that allows you to receive timely updates.

3. Subscription Cost

Some signal providers offer free signals, while others charge for premium services. Determine your budget and choose a provider that offers the best value for money.

4. Customer Support

Good customer support is essential, especially for beginners who may need assistance. Make sure the provider has responsive and helpful customer service.

5. Reputation and Reviews

Check reviews and testimonials from other traders to gauge the reputation of the provider. A well-regarded service with positive feedback is more likely to provide reliable signals.

Start Trading Smarter with Forexbanksignal.pro

Forex signals can be a powerful tool for UAE traders looking to enhance their trading strategies and improve profitability. Forexbanksignal.pro is the top choice for traders in the UAE due to its high accuracy, ease of use, and affordable pricing. By following their reliable signals, traders can make more informed decisions and increase their chances of success in the Forex market.

For traders in the UAE, choosing the right Forex signal provider can make a significant difference in your trading outcomes. Whether you are just starting or are an experienced trader, using accurate, timely signals is key to achieving consistent profits.

[playermagic23]

Coldplay to return to India with the Music of the Spheres Tour in 2025; announce two January dates at DY Patil Stadium.

Coldplay's amazing Music of the Spheres World Tour is heading to India! Following the sellout success of Coldplay's summer 2024 European stadium events and the announcement of eight extra UK shows, the band takes their Music Of The Spheres World Tour to new heights by announcing two enormous shows in Mumbai, India.

The Grammy-winning band, known for thrilling performances and timeless tunes, will play two shows in Mumbai on January 18th and 19th, 2025, at the legendary D.Y. Patil Sports Stadium. This announcement is momentous for Indian fans, who have been anticipating Coldplay's return to the nation since their spectacular performance in Mumbai in 2016.

Coldplay's Music Of The Spheres World Tour in India is produced and promoted by BookMyShow Live, BookMyShow's live entertainment experiential business, in collaboration with the tour's global producers, Live Nation. Tickets for Coldplay's Music Of The Spheres World Tour in India will go on sale on BookMyShow on September 22nd, 2024, at 12 Noon (PM) IST, providing all fans the opportunity to reserve their position at one of the decade's most anticipated performances.

Coldplay has also stated that a limited amount of Infinity Tickets will be available for the events on BookMyShow at 12 p.m. IST on Friday, November 22nd, 2024. Infinity Tickets are available for every Coldplay event, making the Music Of The Spheres World Tour affordable to fans. They will cost the local currency equivalent of €20 (Rs. 2000) per ticket and must be purchased in pairs. They are limited to two tickets per customer and must be purchased in pairs (which will be located next to each other). Locations will be disclosed when supporters pick up their tickets in person at the box office on the day of the event, and they may be anywhere in the auditorium, from the floor to the higher levels, side view seats, and anything in between.

Since its launch in March 2022, the Music Of The Spheres World Tour has sold over 10 million tickets throughout Europe, North America, Latin America, Asia, Australia, and New Zealand, making it the most attended tour by a group of all time. In addition to Mumbai, the trip will visit Abu Dhabi, Seoul, and Hong Kong from January to April 2025. The announced dates will continue the band's attempts to reach every part of the world. The tour has also earned high praise from fans and critics alike, with awards including Favourite Touring Artist at the 2022 AMAs and Tour of the Year at the 2023 iHeartRadio Awards.

Coldplay's future album, Moon Music, will be released on October 4th, 2024, and will set new sustainability norms, with each LP manufactured entirely of recycled plastic bottles (nine per record). It is currently available for pre-order on EcoCD, EcoRecord LP, and digital. WE PRAY, featuring Little Simz, Burna Boy, Elyanna, and TINI, is the iTunes chart-topping follow-up to June's double MTV VMA-nominated track feelslikeimfallinginlove, which peaked at number one on both the UK airplay chart and the Official Big Top 40. Chris Martin posted a video in which he discusses the album and its accompanying Notebook Edition, saying, "I think what this album is about is struggling with all the conflict within oneself, within myself, and also all the conflict outside, and figuring out what the best response is." And I believe Moon Music is saying that love may be the finest reaction.

The band recently provided an update on their sustainability measures, stating that, on a show-by-show basis, the current tour has created 59% less CO2e emissions than their previous stadium tour in 2016/17, exceeding their initial objective of a 50% decrease. Over 9 million trees have already been planted around the world (an additional million will be planted by the end of the year).

[onlinecompanynews]

Cape Town ranks as one of the best destinations for remote workers - Notice Today Internet https://www.merchant-business.com/cape-town-ranks-as-one-of-the-best-destinations-for-remote-workers/?feed_id=199274&_unique_id=66e573cbd2bfb Cape Town which is ... BLOGGER - #GLOBAL Cape Town which is also known as the Mother City has been ranked 17th on the Savills Executive Nomad Index.Kelcie Sellers, associate director, Savills World Research said: “The more common digital nomad is symbolised by the young backpacker; however, executive nomads tend to be older and more likely travel with family in tow.”“For these individuals both physical networking and digital connectivity are important and must be accounted for.”They are also more likely to rent, with an emphasis on extra space and proximity to local amenities.Each destination featured on the list has been analysed on their appeal and ease of access for long-term remote workers. Then the various cities were ranked for their:– internet speed– air connectivity– stability in climate– prime residential rental market prices– overall quality of lifeCape Town features on the list after introducing the Digital Nomad Visa programme earlier this year.According to the index, Cape Town stands to benefit from the Digital Nomad Visa programme, making it a key destination for travellers and business people in the global south. Plus the recent elections brings the prospect of political and economic stability.Basil Moraitis, regional head, Pam Golding Properties Western Cape (Savills associate in South Africa) said: ”Having a well-run city adds to the appeal of Cape Town, as does its natural scenic beauty and amenities.““Whether they are looking to unwind on the pristine shores or embark on adventures through breathtaking trails, Cape Town offers a delightful mix for nomads.”According to Moraitis, another advantage for executive nomads is the favourable exchange rate to the US Dollar, the Pound, and the Euro, which allows for comfortable living at a fraction of the cost compared to other major cities.Digital nomads tend to rent instead of purchasing property with a focus on short-term property rentals up to three months at a time.Moraitis said: “Particularly appealing to digital nomads are the rental options in the vibey Cape Town City Bowl area, known for its cosmopolitan atmosphere.”These apartment rentals are currently in high demand for short stays of three to six months:– Studios and one-bedroom loft apartments that range from R10,000 to R18,000 per month– Two-bedroom apartments that cost between R20,000 to R30,000 per monthAccording to Moraitis, Cape Town’s ranking on the index instils confidence in the desirability of the city as a sought-after destination.“Most of the digital nomads earn significant hard currency which is then spent in the local economy and also adds to the diversity and popularity of Cape Town as a world-class general destination of choice,” Moraitis said.Global destinations for remote workersDubai in the United Arab Emirates (UAE) has kept its lead position on the index for the second consecutive year. Abu Dhabi which is also in the UAE ranked in second place, moving up from the fourth spot.“Dubai and Abu Dhabi are incredibly appealing to executive nomads, because they offer everything you need to thrive both personally and professionally, from modern infrastructure to high quality of life,” Andrew Cummings, head of Residential Agency Middle East, Savills said.Dubai and Abu Dhabi are well known for their tourist attractions and luxury hotels but there is much more to these cities.Cummings said: “We’ve seen a real focus on creating a lively business environment where there are plenty of opportunities to grow, build networks and make lifelong connections.”“Cape Town which is also known as the Mother City has been ranked 17th on the Savills Executive Nomad Index. Kelcie Sellers, associate director, Savills World Research said: “The more…”Source Link: https://fakazanews.com/2024/09/13/cape-town-ranks-as-one-of-the-best-destinations-for-remote-workers/?utm_source=rss&

utm_medium=rss&utm_campaign=cape-town-ranks-as-one-of-the-best-destinations-for-remote-workers http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/pexels-photo-27081222.jpeg #GLOBAL - BLOGGER Cape Town which is also known as the Mother City has been ranked 17th on the Savills Executive Nomad Index. Kelcie Sellers, associate director, Savills World Research said: “The more common digital nomad is symbolised by the young backpacker; however, executive nomads tend to be older and more likely travel with family in tow.” “For … Read More

[internetcompanynews]

Cape Town ranks as one of the best destinations for remote workers - Notice Today Internet - BLOGGER https://www.merchant-business.com/cape-town-ranks-as-one-of-the-best-destinations-for-remote-workers/?feed_id=199273&_unique_id=66e573caf265e Cape Town which is also known as the Mother City has been ranked 17th on the Savills Executive Nomad Index.Kelcie Sellers, associate director, Savills World Research said: “The more common digital nomad is symbolised by the young backpacker; however, executive nomads tend to be older and more likely travel with family in tow.”“For these individuals both physical networking and digital connectivity are important and must be accounted for.”They are also more likely to rent, with an emphasis on extra space and proximity to local amenities.Each destination featured on the list has been analysed on their appeal and ease of access for long-term remote workers. Then the various cities were ranked for their:– internet speed– air connectivity– stability in climate– prime residential rental market prices– overall quality of lifeCape Town features on the list after introducing the Digital Nomad Visa programme earlier this year.According to the index, Cape Town stands to benefit from the Digital Nomad Visa programme, making it a key destination for travellers and business people in the global south. Plus the recent elections brings the prospect of political and economic stability.Basil Moraitis, regional head, Pam Golding Properties Western Cape (Savills associate in South Africa) said: ”Having a well-run city adds to the appeal of Cape Town, as does its natural scenic beauty and amenities.““Whether they are looking to unwind on the pristine shores or embark on adventures through breathtaking trails, Cape Town offers a delightful mix for nomads.”According to Moraitis, another advantage for executive nomads is the favourable exchange rate to the US Dollar, the Pound, and the Euro, which allows for comfortable living at a fraction of the cost compared to other major cities.Digital nomads tend to rent instead of purchasing property with a focus on short-term property rentals up to three months at a time.Moraitis said: “Particularly appealing to digital nomads are the rental options in the vibey Cape Town City Bowl area, known for its cosmopolitan atmosphere.”These apartment rentals are currently in high demand for short stays of three to six months:– Studios and one-bedroom loft apartments that range from R10,000 to R18,000 per month– Two-bedroom apartments that cost between R20,000 to R30,000 per monthAccording to Moraitis, Cape Town’s ranking on the index instils confidence in the desirability of the city as a sought-after destination.“Most of the digital nomads earn significant hard currency which is then spent in the local economy and also adds to the diversity and popularity of Cape Town as a world-class general destination of choice,” Moraitis said.Global destinations for remote workersDubai in the United Arab Emirates (UAE) has kept its lead position on the index for the second consecutive year. Abu Dhabi which is also in the UAE ranked in second place, moving up from the fourth spot.“Dubai and Abu Dhabi are incredibly appealing to executive nomads, because they offer everything you need to thrive both personally and professionally, from modern infrastructure to high quality of life,” Andrew Cummings, head of Residential Agency Middle East, Savills said.Dubai and Abu Dhabi are well known for their tourist attractions and luxury hotels but there is much more to these cities.Cummings said: “We’ve seen a real focus on creating a lively business environment where there are plenty of opportunities to grow, build networks and make lifelong connections.”“Cape Town which is also known as the Mother City has been ranked 17th on the Savills Executive Nomad Index. Kelcie Sellers, associate director, Savills World Research said: “The more…”Source Link: https://fakazanews.com/2024/09/13/cape-town-ranks-as-one-of-the-best-destinations-for-remote-workers/?utm_source=rss&utm_medium=rss&utm_campaign=cape-

town-ranks-as-one-of-the-best-destinations-for-remote-workers http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/pexels-photo-27081222.jpeg Cape Town ranks as one of the best destinations for remote workers - Notice Today Internet - #GLOBAL BLOGGER - #GLOBAL

[formidablecompanynews]

Cape Town ranks as one of the best destinations for remote workers - Notice Today Internet https://www.merchant-business.com/cape-town-ranks-as-one-of-the-best-destinations-for-remote-workers/?feed_id=199272&_unique_id=66e573ca24310 #GLOBAL - BLOGGER BLOGGER Cape Town which is also known as the Mother City has been ranked 17th on the Savills Executive Nomad Index.Kelcie Sellers, associate director, Savills World Research said: “The more common digital nomad is symbolised by the young backpacker; however, executive nomads tend to be older and more likely travel with family in tow.”“For these individuals both physical networking and digital connectivity are important and must be accounted for.”They are also more likely to rent, with an emphasis on extra space and proximity to local amenities.Each destination featured on the list has been analysed on their appeal and ease of access for long-term remote workers. Then the various cities were ranked for their:– internet speed– air connectivity– stability in climate– prime residential rental market prices– overall quality of lifeCape Town features on the list after introducing the Digital Nomad Visa programme earlier this year.According to the index, Cape Town stands to benefit from the Digital Nomad Visa programme, making it a key destination for travellers and business people in the global south. Plus the recent elections brings the prospect of political and economic stability.Basil Moraitis, regional head, Pam Golding Properties Western Cape (Savills associate in South Africa) said: ”Having a well-run city adds to the appeal of Cape Town, as does its natural scenic beauty and amenities.““Whether they are looking to unwind on the pristine shores or embark on adventures through breathtaking trails, Cape Town offers a delightful mix for nomads.”According to Moraitis, another advantage for executive nomads is the favourable exchange rate to the US Dollar, the Pound, and the Euro, which allows for comfortable living at a fraction of the cost compared to other major cities.Digital nomads tend to rent instead of purchasing property with a focus on short-term property rentals up to three months at a time.Moraitis said: “Particularly appealing to digital nomads are the rental options in the vibey Cape Town City Bowl area, known for its cosmopolitan atmosphere.”These apartment rentals are currently in high demand for short stays of three to six months:– Studios and one-bedroom loft apartments that range from R10,000 to R18,000 per month– Two-bedroom apartments that cost between R20,000 to R30,000 per monthAccording to Moraitis, Cape Town’s ranking on the index instils confidence in the desirability of the city as a sought-after destination.“Most of the digital nomads earn significant hard currency which is then spent in the local economy and also adds to the diversity and popularity of Cape Town as a world-class general destination of choice,” Moraitis said.Global destinations for remote workersDubai in the United Arab Emirates (UAE) has kept its lead position on the index for the second consecutive year. Abu Dhabi which is also in the UAE ranked in second place, moving up from the fourth spot.“Dubai and Abu Dhabi are incredibly appealing to executive nomads, because they offer everything you need to thrive both personally and professionally, from modern infrastructure to high quality of life,” Andrew Cummings, head of Residential Agency Middle East, Savills said.Dubai and Abu Dhabi are well known for their tourist attractions and luxury hotels but there is much more to these cities.Cummings said: “We’ve seen a real focus on creating a lively business environment where there are plenty of opportunities to grow, build networks and make lifelong connections.”“Cape Town which is also known as the Mother City has been ranked 17th on the Savills Executive Nomad Index. Kelcie Sellers, associate director, Savills World Research said: “The more…”Source Link: https://fakazanews.com/2024/09/13/cape-town-ranks-as-one-of-the-best-destinations-for-remote-workers/?utm_source=rss&utm_medium=rss&

utm_campaign=cape-town-ranks-as-one-of-the-best-destinations-for-remote-workers http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/pexels-photo-27081222.jpeg Cape Town which is also known as the Mother City has been ranked 17th on the Savills Executive Nomad Index. Kelcie Sellers, associate director, Savills World Research said: “The more common digital nomad is symbolised by the young backpacker; however, executive nomads tend to be older and more likely travel with family in tow.” “For … Read More