The opening of the 18th store of Marhayez Perfumes at the Emirates Palace

Marhayez Perfumes opened its most recent branch at the Emirates Palace in Abu Dhabi within the sight of a gathering of specialists and media experts in the UAE.images

Furthermore, demonstrate the gathering of people a determination of the organization’s top of the line aromas in its 18 lodgings in the United Arab Emirates and issued by Magnum Opus, which consolidates bergamot, citrus and rosemary, and also the popular “Amenins” scent that joins pachole, golden and oud .

In its new store at the Emirates Palace, Marhayez Perfumes offers the aroma of pink peppers, orange blooms and jasmine, the scent of “cherry blooms” and the product of pears, roses and vanilla. Fragrant “Opolins” and “Aconic” are very focused smells, consolidating papyrus, Brazilian rosewood, cardamom, Indonesian oud, cowhide and cedar wood, separately.

Merhees fragrance bottles are composed utilizing a dark and gold shading that mirrors the brand’s esteem and advancement.

“I am enchanted by the nearness of businesspeople and media experts at the opening function to encounter the one of a kind aroma of Marheiz and to find their most loved scent, regardless of whether it is oud, rose, natural product or musk,” said the brand proprietor.

He included that the organization has fortified its position in the UAE advertise by opening its new store, which has an excellent area in the eastern wing of the Emirates Palace.

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Middle Easterner meeting to talk about the foundation of an oceanic coalition and the effect of the Silk Road on the nations of the area

Dr. Dina El Zaher, Director of Transport and Tourism Department at the Arab University, said that the meeting talked about various issues identified with joint Arab activity in the field of sea transport in the light of the working papers introduced by the Arab Academy for Science, Technology and Maritime Transport. Bedouin nations to examine sea mishaps and build up a free Arab place for marine mischance examinations.

Al-Zaher included a press explanation that the advisory group was informed on the choices of the Fourth Arab-African Summit in the field of transport and coordinations, which was held in Malabo, Equatorial Guinea last November, and investigated the aftereffects of the workshop on the foundation of a component to build up two private part organizations for sea transport And coordinations benefits between the Arab and South American nations. The outcomes and proposals of the sixth International Conference on Maritime Transport and Logistics, held in Alexandria in March, were likewise checked on.

The board of trustees likewise talked about a working paper put together by the Arab Academy for Science, Technology and Maritime Transport on “The Silk Road Impact on the Arab Countries from an Integrated Perspective” and the foundation of a workshop for Arab-Chinese collaboration to recognize venture openings between Arab nations and China in the sea and rail transport divisions. Streets, and the foundation of calculated zones and dry ports to add to the accomplishment of the targets of the Silk Road and Arab-Chinese interests.

The board additionally examined an update by the Arab Federation of Maritime Chambers of Shipping containing a working paper on the proposition of “building up an Arab sea aggregate” went for setting up a general sea transport framework for the Arab nations, with the point of setting up a general Arab coalition for the oceanic transport industry in the Arab nations. Furthermore, the improvement of a system for the proposition of the Arab and national sea coalition.

GCC foodservice market set to reach $24.5 billion by 2018 – Al Masah Capital

Al Masah Capital Limited

Al Masah Capital Ltd; the locale’s driving venture firm as of late checked on that the sustenance administrations division keeps on extending quickly on the back of prospering economy, positive socioeconomics and unfaltering ascent in per capita salary.

The venture firm had esteemed the GCC foodservice advertise at USD 18.8 billion in 2014 and has anticipated a development rate at CAGR of 6.8% to achieve USD 24.5 billion in 2018. Saudi Arabia drove the area, with aggregate foodservice offers of USD 8.9 billion, representing almost 50% of the GCC advertise. The UAE was the second biggest benefactor, with aggregate offers of USD 5.3 billion creating 28% offer in the area, trailed by Kuwait (USD 1.9 billion), Qatar (USD 1.3 billion), Oman (USD 1.1 billion) and Bahrain (USD 0.4 billion). Inside the nourishment administrations area, fast food section or Quick Service Restaurants (QSR) has developed as the biggest, representing 58.2% (USD 10.9 billion) of the GCC sustenance administrations advertise in 2014, trailed by Full Service Restaurant (FSR) at 31.5% (USD 5.9 billion) and Café and Bakery portion at 10.3% (USD 1.9 billion).

The Full Service Restaurant showcase (which incorporates fine and easygoing feasting) is evaluated at around USD 5.9 billion in 2014, almost 50% of the QSR advertise. While the idea of fine feasting is as yet bound to well-to-do class and has not developed definitely over the most recent couple of years, the easygoing eating section watched development with the passage of new brands practically consistently. Though, anchored and master bistros are developing in prevalence. In 2014, the Café and Bakery portion enlisted a yearly charging of USD 1.9 billion, showing solid development amid 2012-14, developing at CAGR of 3.3%.

Talking about the statistical surveying, Shailesh Dash, CEO Al Masah Capital said; “Rising populace is one of the key drivers of sustenance utilization. The rising stream of voyagers to GCC has driven request. As most real foodservices outlets are packed in the Tier I and II urban areas of the GCC nations, the fast development in urbanized populace is relied upon to go about as a jolt to the development in the nourishment benefit part. Moreover we have yearly sustenance celebrations, displays and shopping celebrations held in the locale that give a lift to development. Notwithstanding, given the high reliance on imports, securing a consistent supply of sustenance remains a key test for the GCC governments. A few stages attempted by provincial governments to enhance the sustenance supply are still at an early stage and are probably going to enhance the circumstance in the long haul.”

Al Masah likewise audited components influencing quickened development inside the area and expressed an expansion in rivalry, frail production network framework, high rentals in prime business properties and lack of talented human capital as significant issues. Though key rising patterns watched were changing shopper palates, deluge of worldwide F&B brands and developing interest for takeaway by method for portable applications and web based requesting. Ventures and acquisitions were likewise demonstrative of a hearty development structure for this industry.

Highlighting Private Equity arrangements and acquisitions by PE organizations in the GCC, the report uncovered that PE exercises in the foodservices business picked up force in the current years. In January 2015, Saudi Arabia based Bateel International reported an association with L Capital Asia, an Asian private value subsidize supported by LVMH Moet Hennessy. Bateel is a homegrown brand in Saudi Arabia, known for its gourmet quality dates with market nearness in 16 nations crosswise over Africa, Europe, Asia and the Middle East. In June 2015, Diamond Lifestyle Ltd, the F&B PE store of Al Masah Capital declared the procurement of the UAE-based Al Faris Restaurant. Al Faris Restaurant works the establishment of California-brand Johnny Rockets in the UAE, and holds the advancement rights in Oman.

Again in June 2015, Audacia Capital, a recently settled speculation bank authorized and directed by the Dubai Financial Services Authority (DFSA), gained a 30% stake in Al Safadi, a chain of easygoing eating eateries having some expertise in conventional Lebanese nourishment, with arrangements for further extension in the UAE and the GCC. While in April 2015, the Abraaj Group, a main financial specialist working in worldwide development markets, and TPG, a main worldwide private venture firm, declared the finishing of a speculation into Kudu, a Saudi Arabian eatery gather by means of an arrangement of five brands to traverse more than 290 outlets. The arrangement is a first in the locale for TPG, which oversees about USD 65 billion of capital.

As of late in September 2015, The First Investor, the speculation managing an account arm of Barwa Bank Group, procured a 49% stake in Shater Abbas Restaurants International Group. Built up in Qatar in 1998 by Mr. Hussain Al Emadi, the Shater Abbas Restaurants idea highlights an assortment of Persian and Gulf contemporary cooking.

Advancing truths on acquisitions inside the foodservices part, the report uncovered that a sum of 15 PE bargains occurred in the GCC amid 2010-15, while GCC F&B gatherings were included in 10 bargains amid a similar period. Al Masah figures that attributable to the expanding development in the GCC foodservice area, a few financial specialists have turned their concentration towards the business to reinforce its center qualities by building onto set up center brands. Quite, UAE was the most appealing goal inside F&B Groups, representing six of the ten arrangements amid 2010-15.

Al Masah’s give an account of GCC’s foodservices segment finished up expressing that, as indicated by IMF, GCC’s economy is assessed to achieve USD 2.0 trillion by 2020, with Saudi Arabia contributing USD 902 billion, trailed by the UAE (USD 502 billion), Qatar (USD 269 billion), Kuwait (USD 196 billion), Oman (USD 81 billion), and Bahrain (USD 40 billion).

Rising oil with Saudi commitment to cut supplies … Supply and demand is still the main engine

 الماسة كابيتال : لا يزال العرض والطلب المحرك الرئيسي للنفط
Oil prices rose slightly on Tuesday after Saudi Arabia said it would implement a major export cut in July amid signs of a decline in US crude inventories, although US production continued to weigh negatively on the market. Saudi Arabia, the world’s largest exporter of crude, is leading efforts by the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers to cut production by 1.8 million bpd until March 2018 to support the prices.

In the first half of the year, there were doubts about OPEC’s commitment to its

commitments, and Saudi officials say they are making real cuts, including a 300,000 bpd cut to Asia in July, although several Asian refiners say they receive full “Crude oil is still having difficulty rising,” said Oliver Jacob of Petromatrix. “Saudi Arabia’s cuts need to continue after the summer to have a significant impact.

Traders on Monday pointed to data from market information firm Genscape that estimated the draw-down from the US crude futures delivery point in Cushing, Oklahoma last week, at more than 1.8 million barrels.

Supply and demand is still the main engine of oil The risk has increased in the region over the past week on the back of rapid geopolitical developments not seen in the region before, however, oil fell by 3.6% throughout the week and failed to maintain the price above the $ 50 a barrel, which confirms once again that The main engine of oil is the image of supply and demand contrary to what is usually considered another important catalyst.

According to the Almasa Capital report, regional indices showed mixed performance during the week. Qatar was the top loser and fell 7% over the week. Oman and Kuwait fell by 1.5% and 0.4% respectively, while Bahrain and Abu Dhabi declined 0.1% Egypt and Dubai rose 1.6% and 1.4%, respectively, while Saudi Arabia remained unchanged.

The development of Egypt’s macro-economic landscape and Emaar’s announcement that 30% of its UAE real estate development activity could be listed on the Dubai Financial Market were the main reasons for the positive performance of the two indices. The general trends will remain mostly conservative over the coming period. Are very selective in their investment decisions with many preferring to move to the margin, allowing different scenarios to occur before re-engagement.

Al Masah Capital Ltd-Trading in global and regional markets is expected to continue in a limited range and to achieve weak volumes

Al Masah Capital Limited

 

The world scene was relatively calm after the pro-growth candidate won the French election last weekend. While the Dow Jones and the S & P 500 fell 0.53% and 0.35% respectively, while European markets were slightly mixed with the FTSE 100 gaining 1.89% during the week, Stokes 50 and CAC 40 were 0.58% and 0.5% respectively. Oil prices returned above the $ 50 index, which was broken in May. The week closed up 3.5% at $ 50.84 per barrel of crude oil and $ 47.84 per WTI. According to the Almasa Capital report, Qatar was the best performer during the week, rising 1.7% and breaking the 10,000 mark. Followed by Egypt + 1.6% amid optimism after the conclusion of the International Monetary Fund’s visit to sign the second tranche of the $ 12 billion loan. The UAE markets were mainly stable throughout the week, with the outlook for Emaar gaining ground. Bahrain was the worst performer during the week with a drop of -1.8%, followed by Kuwait which fell -1.2%. Saudi Arabia and Oman declined by -0.6% and -0.8% respectively during the week. In the absence of major news and global and regional dynamics, Almasa Capital experts expect trading within markets to continue in a limited range with weak volumes. IndexesLastWTD (%) MTD (%) YTD (%) Dubai (DFMGI) 3,420.190.01% 0.15% -3.13% AbuDhabi (ADSMI) 4,608.28-0.19% 1.90% 1.36% Saudi (SASEIDX) 6,882.51 -0.60% -1.87% -4.55 (Bahrain) (BHSEIDX) 1.307.09 -1.81% -2.14% The following table shows the data of the Company’s shares (% of total assets) 7.10% Oman (MSM30) 5,432.14 -0.80% -1.48% -6.06% TR GCC (Reuters) 198.630.05% -0.06% -1.96% DJMENA511.54 -0.05% -1.17% 2.73%