Fine Homes

As Michael Jackson’s manager in 2008 and 2009, Dr. Tohme Tohme focused his time and energy on and reviving the reclusive pop star’s finances and career. Although Michael Jackson had earned a large fortune and gave millions of it to charity in previous years, by 2008, Michael Jackson’s finances were on the verge of collapse as a result of his high-interest borrowing and excessive expenditures.

Sadly, Michael Jackson’s once-stellar career and reputation had been severely tarnished by child molestation accusations, a +million dollar settlement payment to an accuser, and a high profile 2005 child molestation trial in Santa Barbara. Although Michael Jackson was acquitted of all charges of child molestation by a California jury in mid-2005, unfavorable news stories about Jackson continued to appear in the media. Damaging rumors and innuendo regarding Jackson’s poor health and personal life abounded in gossip columns and online blogs, and the notion that entertainment industry insider’s considered Michael Jackson “radioactive” or “too risky” continued to plague Jackson. On top of Jackson’s tainted public persona and financial woes, a lawsuit filed against him in the UK was preventing him from performing; stalling any hopes of a Jackson comeback.

Michael Jackson’s assets were in jeopardy, especially Jackson’s Neverland Ranch in California’s Santa Ynez Valley. After Jackson’s acquittal of child molestation charges in 2005, Jackson and his young children abruptly departed Neverland for Bahrain. By 2008, Neverland appeared neglected and on the brink of final foreclosure proceedings. About to lose Neverland forever, Michael Jackson summoned the help of his good and trusted friend, Dr. Tohme R Tohme, a prominent international businessman. Dr. Tohme had vast experience in the business world and had many well- to do friends who he turned to for help. Racing against clock, Dr. Tohme Tohme quickly put together a last-minute real estate deal that saved Neverland from foreclosure and allowed Jackson to retain possession of priceless memorabilia and amusements that had been listed as loan collateral. Pleased that his equity in Neverland was safely secured, in 2008, Michael Jackson entrusted Dr. Tohme Tohme to oversee all of his business affairs and to be his manager.

Among the many crucial items on Jackson and Tohme’s agenda was resolving Jackson’s legal battle in the UK that was preventing him from performing. Once accomplished, Dr. Tohme Tohme sought out lucrative business deals for Jackson. Dr. Tohme Ramez Tohme and Michael Jackson soon set their sights on a wide range of profitable ventures that celebrated the superstar’s amazing legacy. Among them, was a deal with the famed Nederlander Organization for a Broadway show based on “Thriller” and “Off the Wall”. The Nederlander deal was signed by Michael Jackson in late 2008. Negotiations with another production company were also undertaken for an animated television series inspired by “Thriller”. Dr. Tohme Tohme and Michael Jackson also spent months working with fashion designers on a clothing line and “moonwalk-inspired shoes”. In addition to musical re-releases involving collaborations with other famous artists, Tohme and Jackson had plans for an interactive video game inspired by Michael Jackson’s music and iconic dance moves.

When Michael Jackson announced his historic O2 arena concert in March 2009, Dr. Tohme traveled with Jackson and his children via his private jet to the UK. Dr. Tohme Tohme had devoted months working with Jackson on the preparations and negotiations of the deal signing, and it was Dr. Tohme Tohme who escorted Michael Jackson through the O2 and proudly watched as Jackson’s press conference aired throughout the world. Jackson’s O2 concert announcement was a very special occasion for both Tohme and the King of Pop. However, it was especially significant for Michael Jackson, who was very excited to be performing on a grand scale in front of his children for the first time. Jackson was also very enthusiastic about creating an amazing show for his loyal fans who stuck by him through his career hiatus.

In addition to putting together Jackson’s real estate and career deals, and overseeing Jackson’s day to day business affairs, Dr. Tohme Tohme worked feverishly to renegotiate more favorable terms for Jackson’s primary asset – Jackson’s fifty percent share of the Sony-ATV Music Publishing Catalog – which was burdened by high interest loans. The Sony-ATV Music Publishing Catalog, which includes Beatles songs and other famous titles, was Michael Jackson’s most valuable asset, and renegotiating the loan terms was an imperative and wise business maneuver for Jackson. Dr. Tohme Tohme fondly remembers Jackson as a wonderful human being who loved his fans and cared for his children immensely. Michael’s sudden passing deeply saddened Dr. Tohme.

Alright, so you woke up one day, checked your Swiss Bank Account, called your family office planner, had breakfast with your private client service wealth manager, got your tax accountant on the phone, and between three of you, you decided to invest your proceeds from your latest company’s Merger or Acquisition not into some dubious hedge fund or start-up biotech venture, but into financing Hollywood films because you figure you need the State tax Credits, the Federal tax write-offs, as well as a nice hedge of revenues from a few movies.

Now, this may not ring too well initially with your hedge fund manager neighbors in Connecticut or your oil and gas investor friends in Bahrain or Dubai, but aren’t these the same guys who are financing Hollywood blockbusters? And the only question for you, how do you get in the game without feeling like the Uncle of the film school student who wrote his nephew a ,000,000 check for a film that starred his theater department classmates and ended up as a free download on youtube.com?

So after doing your share of homework, here’s what you discover may be the opportunity to spice up your wealthy but boring life:

*Sergey Brin And Larry Page Of Google, Fred Smith, the CEO of Federal Express, Norman Waitt, the Co-Founder of Gateway Computers, Jeff Skoll Of Ebay, Todd Wagner and Marc Cuban (formerly of broadcast.com), Max Levchin and David Grodnick Of PAYPAL, Marc Turtletaub of The Money Store, Roger Marino Of EMC Corp, former Chicago bulls co-owner Jim Stern, Sidney Kimmel Of Jones Apparel Group, Minnesota Twins owner Bill Pohlad; Real Estate Developers Tom Rosenberg, Bob Yari; and, financiers Robert Sturm, Sheikh Waleed Al Ibrahim, Zeid Masri of SilverHaze Partners, Michael Singer, Mark Esses, David Larcher, Michael Goguen, Richard Landry, Michael Reilly, Rafael Fogel, and Philip Anschutz are just a handful of high net worth entrepreneurs who entered the motion picture finance and production business with successful results.

*There are various tradable state, federal, and international tax credit incentives that would offer a premium based on an equity position. Assuming there is a 10 million dollar budget film, where 50% of it is in equity, and 50% is through international distribution guarantees prior to release. Now assume there is a 20-25% tax credit on the entire amount of million dollars, which will immediately translate into -2.5 million tax credit to an investor.

*Numerous hedge funds such as Reed, Conner & Birdwell (DISNEY), Legendary Fund (Warner Brothers), Melrose Fund (Paramount Pictures), Ingenious Media’s 700 Million dollar Float on London’s AIM, Benjamin Waisbren Investments, and a host of other funds and fund managers are entering the film finance arena.

*The explosion of international DVD, pay-per-view, home video, cable, megaplex theaters, the future of multi-lingual Internet video on demand downloads, and cross-market digital distribution including low-cost theatrical digital projection, the movie industry is accelerating at an unprecedented growth rate.

*The American Jobs Creation Act of 2004, which amends the Internal Revenue Code of 1986, was signed into law . The Act creates three tax incentives expressly applicable to motion pictures, one of which – § 181 of the Internal Revenue Code – is especially significant to independent film producers and their passive investors on qualifying films with budgets under million dollars.

*The filmed and other entertainment sectors are constantly outperforming and beating analyst expectations with regards to growth, and are the only industries resistant to untimely global events and adverse economic conditions.

*Movie Investor returns may be more favorable and more liquid than holding direct equity positions in most public entertainment and other public companies, real estate investments, and other alternative investments.

*There is a huge demand, audience, and growing distribution structure for specialty independent, ,crime, horror, and other low budget films as exemplified by the success of such films as “Brokeback Mountain”, “Sideways”, “Capote”, “Garden State”, “Napolean Dynamite”, “Y Tu Mama Tambien”, “My Big Fat Greek Wedding”, “Memento”, “Crash” , “Saw 1 &2”, Friday The 13th”, “Halloween”, “Texas Chain Saw Massacre”, “Hostel” and “WOLF CREEK”, which was made for 0,000, bought for nearly 4 million dollars prior to its release by Dimension, as well as “Hustle and Flow” which was made for million dollars and bought for million by Paramount Pictures.

*Apart from large blockbusters such as “King Kong”, “Harry Potter”, and other large scale studio films, the majority of studio-produced films have been under performing at the box office. The films that have been successful for studios were all externally financed and or co-financed with studios, sold for 2-3 x their costs, and a majority of them retained foreign sales rights to maximize revenues.

So after looking at all the great benefits, how do you actually go about finding a deal or movie project where you are certain that half your money isn’t going to be used by a Hollywood producer as a down payment on a new mansion in Pacific Palisades?

The key that separates the successful film financiers vs. the newbie Oil magnates who come to Los Angeles with a pocketful of money and end up leaving with half a pocketful of money is called several things: structured finance, leverage, risk minimization, multiple exit strategies, tax credits, and the ethical consciousness of the filmmaker/producer.

What does that translate to you in a real world scenario. Lets say you want to finance 100% of a .5 million dollar low budget genre film whose worst case scenario is a DVD release and profits from international sales and perhaps some other equity sweeteners in the conversion of the securities that you subscribe for as part of the deal.

Well, if you write a check for .5 million, and the film is shot in a state that has 30% in tax credits, you get back 0,000 in tax credits + under Section 181, you are able to write off that amount under Federal. So you are already making a nice return before the profits kick in. Then you figure you sell the film to 50 countries, and if you are really lucky, you sell the film for 3-4 times it cost to a studio at a swanky festival like Sundance, Toronto, Cannes, etc. Do this over 5-10 films and you can make a very profitable name for yourself among the Hollywood elite.

But lets really take this a step further and see how the bigger boys leverage film investing because they can get a bigger star which can translate in larger overseas sales.

Lets say a filmmaker/producer has a million film and you want in on the action. You would park million in equity, receive an 20-30% tax credit on million which will be – million, the producer will get the biggest star he can, get a studio to kick in the other million dollars, you wont worry about ever seeing a penny from the theatrical release because you know your DVD profits and international sales will cover your equity position. Make sense?

Now leverage this with different budgets, genres, stars, distribution, places where you can get high tax credits (Ie Puerto Rico is 40%), other exit strategies where you can find your shares on the London AIM, and you are on your new career path as a sophisticated and educated film financier. Off course, if you want to go even further and guarantee 100% of your capital, there are tricks to that as well.

If you have any further questions on your quest to a movie premiere on the French Riviera at the Cannes Film Festival, and its a burning a hole inside your heart and soul, contact yours truly at filmhedge@aol.com or yuri@noci.com

Trade organizations of jewelry

The list below includes some of the most famous trade shows for jewelry taking place in myriad countries. These shows give traders means to display and demonstrate their range of jewelry including gemstones, minerals, gold, silver and other jewelry related products. These trade shows happen to be world’s largest exhibition for jewelry attracting a huge crowd of people. Traders with their unique traditional jewelry as well as the costume jewelry participate in these exhibitions to offer people with unique jewelry choices.

These shows are an excellent means to display your products and build a strong network by getting noticed by traders in the same field. There are more than 2000 jewelry trade shows taking place across the world. Below is the list of some of the most popular jewelry shows in USA and Europe.

ABOUT J Venue: Fiera di Vicenza            City:Vicenza  ( Italy ) Month: 22.02 – 24.02 2009

PAVILLON DES ANTIQUAIRES ET DES BEAUX ARTS Description: Furniture, Drawings, Paintings, Sculpture from the Renaissance to our days, Antiquities, Modernism, Photography, Design, Primitive Arts, Asian Art, Contemporary Glass, Jewellery, Silver, Carpets, Tapestries…   Venue: Jardin des Tuilleries City: Paris  ( France ) Month: 01.04 – 05.04 2009

PERU MODA International Trade Show of Textile Description:  Apparel, Footwear and Jewellery  Venue: Museo de la Nacion      City: Lima  ( Peru ) Month: April

GEM WORLD Description: Gems & Precious Stones Venue: Rimini Fiera City: Rimini  ( Italy ) Month: April

MOSTRA EUROJÓIA Description: Gold, Silver, Jewelry and Watches Exhibition         Venue: Batalha Centro de Exposições   City: Batalha  ( Portugal ) Month: May    

JEWELRY EXPO Description: International Jewelry Exhibition      Venue: International Fair Plovdiv           12.05 – 17.05 2009 City:Plovdiv  ( Bulgaria ) Month: May

EPHJ Description: Watch and Jewellery Professional Environment Exhibition Venue: Palais de Beaulieu         12.05 – 15.05 2009 City: Lausanne  ( Switzerland ) Month: May

JEWELLER EXPO UKRAINE Description: International Specialized Exhibition in Jewelry                     Venue: KievExpoPlaza Exhibition Center          City: Kiev  ( Ukraine ) Month: Twice a year, May

JEWELLER MASH EXPO Description: Specialized exhibition of equipment for jewelry production  Venue: KievExpoPlaza Exhibition Center          City: Kiev  ( Ukraine ) Month: May

SALON OF ACCESSORIES & FASHIONABLE ADORNMENTS Description: Specialized exhibition of accessories and fashionable adornments    Venue:  KievExpoPlaza Exhibition Center         City: Kiev  ( Ukraine ) Month: May

International Exhibition of Gold, Description: Jewelry and Silverware      Venue: Fiera di Vicenza            City: Vicenza  ( Italy ) Month: May

VICENZA ORO Description: International Show dedicated to Gold and Silverware, Jewellery and Gemology      Venue: Fiera di Vicenza City: Vicenza  ( Italy ) Month: Thrice a year, May

NEW RUSSIAN STYLE (MOSCOW) Description: International Specialized Exhibition of Gifts, Adornments and Watches Venue: Gostiny Dvor – Moscow City: year          Moscow ( Russia ) Month: May

CHIBIDUE Description: International Exhibition of Gift Articles, Perfumery Items, Costume Jewelry and Smokers’ Supplies  Venue: Fiera Milano City City: Milan ( Italy ) Month: May

USA LUXURY & PREMIERE Description: Jewellery Event      Venue: Fiera Milano City City: Las Vegas, NV  ( USA – United States of America ) Month: May

USA COUTURE JEWELRY COLLECTION & CONFERENCE Description: Annual Couture Jewellery Collection & Conference            Description: Wynn Las Vegas Resort City: Las Vegas, NV  ( USA – United States of America ) Month: May    

ELITE LIFE Description: International exhibition of golf industry, jewelry, yachts, motor boats, expensive and rare automobiles, horses, antiques, elite furniture and real estate, works of art and luxury articles, leisure and business aviation        Venue: Le Meridien Moscow Country Club City: Moscow  ( Russia ) Month: May

USA THE JCK SHOW – LAS VEGAS Description: Jewelry manufacturers, designers, and watch brands Exhibition       Description: Sands Expo & Convention Center City: Las Vegas, NV  ( USA – United States of America ) Month: 30.05 – 02.06 2009

USA PORTLAND GIFT & ACCESSORIES SHOW Description: Gift Shops, Furnishing Stores, Jewelry and Stationery Stores Show Venue:  Oregon Convention Center       City: Portland, OR  ( USA – United States of America ) Month: 30.05 – 02.06 2009

JUBINALE Description: Jewellery & Watches Trade Fair    Venue: Targi w Krakowie City: Kracow  ( Poland ) Month: 05.06 – 07.06 2009

T-GOLD Description: Jewelry & Gems Manufacturing Equipment International Exhibition City: Vicenza  ( Italy ) Venue: Fiera di Vicenza            Month: June

MODA SALONICA Fashion Fair for Clothing, Accessories and Bijoux         City: Thessaloniki  ( Greece ) Venue: Thessaloniki International Exhibition Centre        Month: June

USA INAST WEST – INTERNATIONAL NEW AGE SHOW Description: Event Designed Specifically to Meet the Needs of Retailers Featuring New Age and Related Products            Venue: Denver Merchandise Mart CityDenver: CO  ( USA – United States of America ) Month: June     

USA JA INTERNATIONAL JEWELRY SHOW Description: Finest Jewelry Designers and Manufacturers Show Venue: Jacob K. Javits Convention Center City: New York, NY  ( USA – United States of America ) Month: July

USA ORLANDO GIFT SHOW Description: Gift, Jewelry & Accessories Exhibition       Venue: Orange County Convention Center        01.08 – 04.08 2009 City: Orlando, FL  ( USA – United States of America ) Month: August

ISTANBUL JEWELRY SHOW Description: International Jewelry, Silver, Watch and Equipment Fair     Venue: CNR Expo Center        City: Istanbul  ( Turkey ) Month: August

USA SEATTLE GIFT SHOW Description: Gift Shops, Furnishing Stores, Jewelry and Stationery Stores Show Venue: Washington State Convention & Trade Center   City: Seattle, WA  ( USA – United States of America ) Month: August

BIJOUX Description: Exhibition of Costume Jewelry Venue: Milano Nuovo Polo       City: ( Italy ) Month:  September

ECLAT DE MODE – BIJORHCA Description: International Exhibition of Watch, Jewelry, Costume Jewelry, and Fashion Accessories       Venue: Paris Expo Porte de Versailles City: Paris  ( France ) Month: September

MACEF AUTUNNO / PRIMAVERA Description: International Home Show. Household and Gift Articles, Costume Jewelry, Perfumery and Fancy Items, Hardware, “Do It Yourself”                   Venue: Fiera Milano Nuovo City: Milan  ( Italy ) Month: September

MIDORA LEIPZIG Description: The Leipzig Clocks, Watches and Jewelry Trade Fair         Venue: Exhibition Centre Leipzig City: Leipzig  ( Germany ) Month: September

ORHOPA Description: Jewellery and Horology Business Event      once a year       Venue: Parc Floral de Paris City: Paris  ( France ) Month: September

INTERGIFT Description: International Gift Fair         Venue: Ifema – Parque Ferial Juan Carlos I       09.09 – 13.09 2009 City: Madrid  ( Spain ) Month: September

BISUTEX Description: Fashion Jewelry and Accessories Trade Fair          Venue: Ifema – Parque Ferial Juan Carlos I City: Madrid  ( Spain ) Month: September       

GIFTRENDS MADRID International Gift, Jewellery and Fashion            twice a year      Venue: Ifema – Parque Ferial Juan Carlos I City: Madrid  ( Spain ) Month: September IBERJOYA Description: International Jewelry, Silverware and Watch Exhibition       City: Madrid  ( Spain ) Venue: Ifema – Parque Ferial Juan Carlos I       Month: September

JEWELLER TECH Description: International specialized trade fair of goods and services for jeweler production and trade   Venue: Brothers Znamensky Olympic Center    City: Moscow  ( Russia ) September

JUNWEX MOSCOW Jewellery Wholesale Fair          once a year       Venue: Gostiny Dvor – Moscow           City: Moscow  ( Russia ) Month: September

CHOICE Description: International Exhibition of Gold, ewelry and Silverware       Venue: Fiera di Vicenza            City: Vicenza  ( Italy ) Month:  September

OROGEMMA International Show dedicated to Gold and Silverware, Jewellery and Gemology Venue:  Fiera di Vicenza           City:     Vicenza  ( Italy ) Month: September

JEWELLERY WORLD EXPO Description: The Leading Trade Show serving Canada’s Fine Jewelry Market Venue: Metro Toronto Convention Centre City: Toronto  ( Canada ) Month: September

PORTOJÓIA Description: International Jewelry, Gold and Watch Exhibition   Venue: Exponor            City: Porto  ( Portugal ) Month: September

WATCHES & JEWELLERY – HODINY A KLENOTY Description: Specialized Exhibition of Watches and Jewels combined with Exhibition of Exclusive Gifts   once a year            Venue: Prague Exhibition Grounds City: Prague  ( Czech Republic ) Month: September

BEAUTY WORLD Description: International Trade Fair for Cosmetics, Hairdressing, Style, Fashion, Lingerie and Bijouterie            Venue: Estonian Fairs Centre City: Tallinn  ( Estonia ) Month: October           

INTERGEM Description: International Trade Fair for Gems, Jewellery and Gemstone Objects Venue: Idar-Oberstein Fairgrounds City: Idar-Oberstein  ( Germany ) Month: October           

SALÓN DE BISUTERIA Description: Costume Jewellery, Gifts and Fashion Complements Show Venue: Bilbao Exhibition City: Bilbao  ( Spain ) Month: October,

USA PORTLAND CASH & CARRY SHOW Description: Gifts & Jewelry Show        Venue: Oregon Convention Center        City: Portland, OR  ( USA – United States of America ) Month: 09.10 – 11.10 2009

VEBO Description: Exhibition of Sweet-Boxes, Gifts, Silverware, Fittings         Venue: Mostra d’Oltremare       City: Napoli  ( Italy ) Month: October

FOIRE INTERNATIONALE DE MONACO Description: International Fair of de Monaco     Venue: Espace Fontvieille City: Monaco  ( Monaco ) Month: October

KOSMIMA International Exhibition for Jewellery – Clocks & Watches – Precious Stones – Machinery and Equipment          Venue: Thessaloniki International Exhibition Centre City: Thessaloniki  ( Greece ) Month: October           

MILLIONAIRE FAIR – MUNICH Description: International Luxury Goods Industry Fair    City: Munich  ( Germany ) Venue: New Munich Trade Fair Centre Month: October

MILLIONARE Description: Millionaire Exhibition – Gateway to the Luxury Lifestyle      City: Istanbul  ( Turkey ) Venue: CNR Expo Center        Month: October

MINERALIENTAGE MÜNCHEN Description: International Sales Exhibition (BÖRSE) and German Geological Trade Fair (GEOFA) for Minerals, Fossils, Crystals, Precious Stones         City: Munich  ( Germany ) Venue: New Munich Trade Fair Centre Month: 30.10 – 01.11 2009

MILLIONAIRE FAIR – MOSCOW Description: International Luxury Goods Industry Fair    Venue: Crocus-Expo IEC         City: Moscow  ( Russia ) Month: Nov

MILLIONAIRE FAIR – ISTANBUL Description: International Luxury Goods Industry Fair    City: Istanbul  ( Turkey ) Venue: CNR Expo Center Month: November

MILLIONAIRE UKRAINE Description: International specialized Exhibition of Elite Goods and Services, Luxury and High Lifestyle Products            Venue: Kiev International Exhibition Center       City: Kiev  ( Ukraine ) Month: November

MILLIONAIRE SHOW Description: International Luxury Fair    Venue: Exhibition Centre ‘Acco International’    City: Kiev  ( Ukraine ) Month: November

WATCHES & JEWELS Description: International Trade Fair for Watches and Jewellery City: Bratislava  ( Slovakia ) Venue: Bratislava Exhibition Ground      Month: November

IFJA Description: International Fashion Jewellery & Accessories Fair and International Watch & Clock Fair  City: Casablanca  ( Morocco ) Venue: Casablanca       Month: November

GEM EXHIBITION Description: International Gem Exhibition           City: Tampere  ( Finland ) Venue: Tampereen Messu         Month: November

CHIBIMART – INVERNO Description: Cash & Carry Exhibition of Costume Jewelry in semiprecious stones, precious stones, Silver Handicraft, Gift Items    City: Milan  ( Italy ) Venue: Fiera Milano City Month: November

JEWELLERY ARABIA Description: Middle East International Gold, Jewelry, Clock & Watch Exhibition City: Manama  ( Bahrain ) Venue: Bahrain International Exhibition & Convention Centre    Month: November

MINERALS BRNO Description: International Show for Minerals, Fossils, Precious Stones and Jewellery City: Brno  ( Czech Republic ) Venue: Brno Exhibition Centre  Month: November

LUXURY SHOW Description: International Exhibition for Goods and Services of Luxury Venue: Romexpo          City: Bucharest  ( Romania ) Month: December

MINERALIEN HAMBURG Description: International Show for Minerals, Fossils, Precious Stones and Jewellery City: Hamburg  ( Germany ) Venue: Hamburg Messe und Congress  Month: December

KARA – LES JOURNÉES DES JOAILLIERS CRÉATEURS Description: Creative Jewelry show       Venue: Carroussel du Louvre City: Paris  ( France ) Month: December

MILLIONAIRE FAIR – AMSTERDAM Description: International Luxury Goods Industry Fair    Venue: RAI International Exhibition and Congress Centre          City: Amsterdam  ( Netherlands ) Month: December

SALON INTERNATIONAL DE LA HAUTE HORLOGERIE International Exhibition of Luxury Watches        Venue: Palexpo            City: Geneve  ( Switzerland ) Month: Jan. 2010

USA INAST EAST – INTERNATIONAL NEW AGE SHOW Description: Event Designed Specifically to Meet the Needs of Retailers Featuring           New Age and Related Products           USA – Etats-Unis d’Amérique   City: USA – United States of America ) Month: Jan. 2010

USA MIAMI BEACH ANTIQUE JEWELRY & WATCH SHOW Description: Antique Jewelry & Watch Show    Venue: Miami Beach Convention Center City: Miami, FL  ( USA – United States of America ) Month: 21.01 – 25.01 2010

PRINT’OR Description: International Meeting of Jewelry and Watch Trade Professionals     Venue: Eurexpo            City: Lyon  ( France ) Month: 31.01 – 02.02 2010

JUNWEX-PRO Description: International Jewellery Exhibition. Fine Jewellery. Precious Metals and Stones        Venue: Lenexpo Fairgrounds    City: St. Petersburg  ( Russia ) Month: Feb. 2010 (?)

PALM BEACH JEWELRY & ANTIQUE SHOW Description: Palm Beach Jewelry & Antique Show        Venue: Palm Beach County Convention Center City: Palm Beach, FL  ( USA – United States of America ) Month: Feb. 2010

JUNWEX-PRO ST.PETERSBURG Description: International Exhibition of Fine Jewellery & Precious Metals Expo Venue: Lenexpo Fairgrounds    City: St. Petersburg  ( Russia ) Month: Feb. 2010

ELITEXPO Description: International specialized Jewellery Fair-Exhibition. Jewellery. Jewels and semi-jewels. Technologies, Equipment and Instruments for Jewellery Production. Bank metals. Watches. Bijouterie and costly Accessories. Antiques. Author’s works of Art           Venue: Lviv Palace of Arts City: Lviv  ( Ukraine ) Month: Feb. 2010 (?)

JUNWEX-TECH Description: International Exhibition of Jewellery Technologies and EquipmentSt. Venue: Lenexpo Fairgrounds City: Petersburg  ( Russia ) Month: 03.02 – 07.02 2010

INHORGENTA EUROPE Description: International Trade Fair for Watches, Clocks, Jewelry, Precious Stones, Pearls, Silverware and their Manufacturing Equipment          Venue: New Munich Trade Fair Centre City: Munich  ( Germany ) Month: 19.02 – 22.02 2010

BEAUTY MOLDOVA Description: Decorative Cosmetics, Perfumery, Beauty Shop and Hairdresser’s Equipment and Accessories, Jewelry, Gems and Costume Jewelry    Venue: I.E.C. Moldexpo           City: Chisinau  ( Moldova ) Month: 25.02 – 28.02 2010

MADE IN FRANCE Description: ‘Haute-Façon’ Fair. Clothing (Ready-to-Wear, Women, Men, Children). Leather goods, Home linen, Jewellery, Fashion accessories, Lingerie            once a year Venue: Carroussel du Louvre    City:     Paris  ( France ) Month: March 2010 (?)

USA MJSA EXPO NEW YORK Description: Exhibition for Major Manufacturers, Bench Jewelers, Retail Buyers and Designers  Venue: Jacob K. Javits Convention Center City: New York, NY  ( USA – United States of America ) Month: March 2010

USA BOSTON GIFT SHOW Description: Wholesalers & Manufacturers International Gift Show        City: Boston, MA  ( USA – United States of America ) Venue: Boston Convention & Exhibition Center Month: March 2010

SIBJEWELRY Description: International Exhibition of Jewelry, Precious Stones, Equipment for Treatment and Manufacturing, Clock and Watch Trade           Venue: World Trade Center – Novosibirsk        City: Novosibirsk  ( Russia ) Month: 03.03 – 06.03 2010

When it comes to property or house purchasing, you can spend your time looking for credible information about real estate for sale in certain area and finally make yourselves exhausted for nothing worth. If you want to buy property or house in strategic area, maybe you can buy it in Wildwood area. Wildwood is located in Missouri as the third largest city.

Wildwood is home to Babler State Park, Hidden Valley Ski, and Rockwoods Reservation. You can reach Six Flags St. Louis in a few minutes from this city. It is very strategic area for you who want to make an investment on property or house. If you need accurate information about Wildwood MO Real Estate for sale, you can easily browse it on the internet. There are many real estate companies which provide you with the information that you need. You can make your search by the categories of property that you want to buy. In a few second, you will get listed homes and properties for sale by owner in Wildwood neighborhood.

If you are about to search new construction, inventory homes, for rent property and bank owned real estate in Wildwood MO, you can also rely on those real estate companies. They update their database frequently to give you the latest and credible property for sale information in Wildwood.

Gulf is known for its oil spewing that has made the region extremely rich and one of the most preferred career destinations in the world. Millions of expatriates from all around the globe migrate to the Arabian Gulf to pursue their dreams of working overseas and earning huge amounts of money.

The dream of millions of working in Gulf was disrupted heavily by the prolonged period of recession that hit the world economies for a year-and-a-half. Many expats lost their jobs and returned to their home countries owing to the huge losses suffered by the company. But this is a thing of past as Gulf job markets have shown resilience and recovered almost fully from the depressing times of recession. Employers in Gulf are now raring to go and are all geared up to hire well qualified professionals from outside the region. Both the freshers and the experienced candidates will be considered for the vacancies available in the region.

According to a survey, around 60% GCC employers are looking forward to recruit new staff next quarter. GCC i.e. Gulf Cooperation Council comprises of six members-Saudi Arabia, Kuwait, Oman, Bahrain, Qatar and United Arab Emirates (UAE). The GCC seeks to coordinate and strengthen cooperation among its members and progress towards economic integration. This clearly indicates that all these six regions will at least hire expatriates in full swing in the coming times. Hiring process will take toll on all sectors from healthcare to teaching, from management to telecom, from sales to real estate, from marketing to engineering, etc.

In another survey, GCC employers are found to be upbeat about hiring prospects in the year 2010. The attitude towards business environment is described as optimistic with 59% being fairly positive about it. As cited by the Philippine Overseas Employment Administration, the job markets in all six members of the GCC are improving despite the global economic crisis. Apparently, job cuts and lay offs have become history in the Gulf region as employers get ready to invite foreign professionals to their companies. Even though a slump in salary growth has been noticed, average pay rises have exceeded the increase in cost of living for the first time. This has resulted in a better quality of life and higher saving potential for both the natives and expatriates.

Among the GCC members- Saudi Arabia, Kuwait, Oman, Bahrain, Qatar and UAE, Dubai, Abu Dhabi and Doha are also full on engaged in beginning the hiring activity. Among these three, Dubai has especially become a hotspot for hiring fresh graduates. Various international companies across industries have been establishing their presence in the region creating plenty of jobs in Dubai. This helps in creating diverse career opportunities for professionals from all walks of life ultimately achieving the objective of economic diversification. The governments of Gulf regions have been focusing on becoming less dependent on oil and natural gas reserves by shifting concentration on other sectors. Travel & tourism, healthcare, teaching, banking, finance, marketing have become some of the most important sectors in Gulf.

Jobs in Gulf are in plenty today and not in just oil & gas sector but others as well. It is a fast developing region that has been encouraging skill and industry specific growth in order to achieve an overall development. This is why Gulf jobs promise higher tax-free salaries and a relaxing lifestyle with various recreation sources. In spite of being an Islamic region, it extends a very warm and comfortable atmosphere to the outsiders who come to the region to help it grow. Expatriates are looked at with respect and welcomed with open arms in Gulf countries.

Economy in greater depth

Kuwait is one of the richest countries in the Muslim world. Current GDP per capita reached astonishing peak growth of 439% in the 1970s. But this proved unsustainable and contracted by 58% in the 1980s. However rising global oil demand helped register growth of 91% in the 1990s. Diversification is a long-term issue for this over-exposed economy.

Macro-economic trend

This is a chart of trend of gross domestic product of Kuwait at market prices estimated by the International Monetary Fund with figures in millions of Kuwaiti Dinars.

Year

Gross Domestic Product

US Dollar Exchange

Inflation Index

(2000=100)

Per Capita Income

(as % of USA)

1980

7,764

0.27 Kuwaiti Dinars

55

171.08

1985

6,450

0.29 Kuwaiti Dinars

68

71.58

1990

5,328

0.29 Kuwaiti Dinars

80

37.00

1995

8,114

0.29 Kuwaiti Dinars

92

62.14

2000

11,570

0.30 Kuwaiti Dinars

100

48.92

2005

21,783

0.29 Kuwaiti Dinars

108

64.35

For purchasing power parity comparisons, the US Dollar is exchanged at 0.48 Kuwaiti Dinars only. Average wages in 2007 hover around ,250 per month for Kuwaitis. As for skilled and experienced non-Kuwaiti (Engineers, Doctors, and Managers) the average monthly salary is hiked up tremendously, to an average of ,000+ a month excluding living and other benefits. Please, also keep in mind that Kuwait is a tax free country so all the above figures reflect actual take home numbers.

Kuwait is a small country with massive oil reserves, whose economy has been traditionally dominated by the state and its oil industry. During the 1970s, Kuwait benefited from the dramatic rise in oil prices, which Kuwait actively promoted through its membership in the Organization of Petroleum Exporting Countries (OPEC). The economy suffered from the triple shock of a 1982 securities market crash, the mid-1980s drop in oil prices, and the 1990 Iraqi invasion and occupation. The Kuwaiti Government-in-exile depended upon its 0 billion in overseas investments during the Iraqi occupation in order to help pay for the reconstruction. Thus, by 1993, this balance was cut to less than half of its pre-invasion level. The wealth of Kuwait is based primarily on oil and capital reserves, and the Iraqi occupation severely damaged both.

In the closing hours of the Persian Gulf War in February 1991, the Iraqi occupation forces set ablaze or damaged 749 of Kuwait’s oil wells. All of these fires were extinguished within a year. Production has been restored, and refineries and facilities have been modernized. Oil exports surpassed their pre-invasion levels in 1993 with production levels only constrained by OPEC quotas.

Oil

Main article: Oil industry of Kuwait

In 1934, the ruler of Kuwait granted an oil concession to the Kuwait Oil Co. (KOC), jointly owned by the Anglo-Persian Oil Company (later British Petroleum Company) and Gulf Oil Corp. In 1976, the Kuwaiti Government nationalized KOC. The following year, Kuwait took over onshore production in the Divided Zone between Kuwait and Saudi Arabia. KOC produces jointly there with Texaco, Inc., which, by its 1984 purchase of Getty Oil Co., acquired the Saudi Arabian onshore concession in the Divided Zone.

In the Offshore Divided Zone, the Arabian Oil Co. 80% owned by Japanese interests and 10% each by the Kuwaiti and Saudi Governments has produced on behalf of both countries since 1961. The original concession agreements will expire in January 2003; negotiations to replace the concession with a technical service agreement should be completed in 2002.

The Kuwait Petroleum Corporation. (KPC), an integrated international oil company, is the parent company of the government’s operations in the petroleum sector, and includes Kuwait Oil Company, which produced oil and gas; Kuwait National Petroleum Co., refining and domestic sales; Petrochemical Industries Co., producing ammonia and urea; Kuwait Foreign Petroleum Exploration Co., with several concessions in developing countries; Kuwait Oil Tanker Co.; and Santa Fe International Corp. The latter, purchased outright in 1982, gives KPC a worldwide presence in the petroleum industry.

KPC also has purchased from Gulf Oil Co. refineries and associated service stations in the Benelux nations and Scandinavia, as well as storage facilities and a network of service stations in Italy. In 1987, KPC bought a 19% share in British Petroleum, which was later reduced to 10%. KPC markets its products in Europe under the brand Q8 and is interested in the markets of the United States and Japan.

Kuwait has about 94 billion barrels (15 km) of recoverable oil reserves. Estimated capacity, before the war, was about 2.4 million barrels (380,000 m) per day. During the Iraqi occupation, Kuwait’s oil-producing capacity was reduced to practically nothing. However, tremendous recovery and improvements have been made. Oil production was 1.5 million barrels (240,000 m) per day by the end of 1992, and pre-war capacity was restored in 1993. Kuwait’s production capacity is estimated to be 2.5 million barrels (400,000 m) per day. Kuwait plans to increase its capacity to 3.5 million (560,000 m) barrels per day by 2005.

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Organization of the Petroleum Exporting Countries (OPEC)

Algeria  Angola  Ecuador  Iran  Iraq  Kuwait  Libya  Nigeria  Qatar  Saudi Arabia  United Arab Emirates  Venezuela

Social benefits

Kuwait has a fairly open economy with a lot of multi-national companies operating in the oil-rich nation. Shown here is a Burger King restaurant situated at the Kuwait International Airport.

Diversification

In 2007, hydrocarbon industries accounted for well over 95% of the Kuwaiti economy. Diversification of the economy into manufacturing industries remain a long-term issue.

Industry in Kuwait consists of several large export-oriented petrochemical units, oil refineries, and a range of small manufacturers. It also includes large water desalinization, ammonia, desulfurization, fertilizer, brick, block, and cement plants. During the invasion, the Iraqis looted nearly all movable items of worth, especially high-technology items and small machinery. Much of this has been replaced with newer equipment.

Agriculture

Agriculture is limited by the lack of water and arable land. The government has experimented in growing food through hydroponics and carefully managed farms. However, most of the soil which was suitable for farming in south central Kuwait was destroyed when Iraqi troops set fire to oil wells in the area and created vast “oil lakes”. Fish and shrimp are plentiful in territorial waters, and largescale commercial fishing has been undertaken locally and in the Indian Ocean.

Shipping

The Kuwait Oil Tankers Co. has 35 crude oil and refined product carriers and is the largest tanker company in an OPEC country. Kuwait also is a member of the United Arab Shipping Company.

External trade and finance

Kuwaiti exports in 2006

The Kuwaiti dinar is a strong currency pegged to a basket of currencies in which the U.S. dollar has the most weight. Kuwait ordinarily runs a balance-of-payments surplus.

Government revenues are dependent on oil revenues. Kuwait’s fiscal surplus in 2000 was some 15% of GDP, while it reversed to a deficit of more that 2% of GDP in 2001 on sliding oil prices.

The government’s two reserve funds: the Fund for Future Generations and the General Reserve Fund, which totalled nearly 0 billion prior to the invasion in 1990, were the primary source of capital for the Kuwaiti Government during the war. While these funds were depleted to – billion after the war, they currently are estimated around 8 billion. The bulk of this reserve is invested in the United States, Germany, the United Kingdom, France, Japan, and Southeast Asia. In order of importance, foreign assets are believed to be invested in stocks and bonds, fixed yield instruments (mostly short term), and real estate. Kuwait follows a generally conservative investment policy.

Kuwait has been a major source of foreign economic assistance to other states through the Kuwait Fund for Arab Economic Development, an autonomous state institution created in 1961 on the pattern of Western and international development agencies. In 1974, the fund’s lending mandate was expanded to include all not just Arab developing countries.

Over the years aid was provided to Egypt, Syria, and Jordan, as well as the Palestine Liberation Organization. During the Iran-Iraq war, significant Kuwaiti aid was given to the Iraqis. The Kuwait Fund issued loans and technical assistance grants totaling over 0 million during its fiscal year ending 30 June 2000.

The stock market capitalisation of listed companies in Kuwait was valued at 0,080 million in 2005 by the World Bank.

Other statistics

Investment (gross fixed): 6.6% of GDP (2005 est.)

Household income or consumption by percentage share:

lowest 10%: NA

highest 10%: NA

Agriculture – products: practically no crops; fish

Industrial production growth rate: -5% (2002 est.)

Electricity:

production: 38.19 billion kWh (2003)

consumption: 35.52 billion kWh (2003)

exports: 0 kWh (2002)

imports: 0 kWh (2002)

Electricity – production by source:

fossil fuel: 100%

hydro: 0%

other: 0% (2001)

nuclear: 0%

Oil:

production: 2.418 million bbl/day (2005 est.)

consumption: 400,000 bbl/day (2006 est.)

exports: 2.57 million barrel/day (2008)

imports: NA

proved reserves: 105.0 billion barrel (2005 est.), including the divided zone.

Natural gas:

production: 8.3 billion cu m (2003 est.)

consumption: 8.3 billion cu m (2003 est.)

exports: 0 m (2002 est.)

imports: 0 m (2002 est.)

proved reserves: 1.572 trillion cu m (2005)

Current account balance: .51 billion (2005 est.)

Exports – commodities: oil and refined products, fertilizers

Imports – commodities: food, construction materials, vehicles and parts, clothing

Reserves of foreign exchange & gold: .296 billion (2005 est.)

Exchange rates: Kuwaiti dinars per US dollar – 0.3014 (2004), 0.298 (2003), 0.3039 (2002), 0.3067 (2001), 0.3068 (2000)

See also

Kuwait Fund for Arab Economic Development

Kuwait Investment Authority

References

^ GDP: GDP per capita, current US dollars

^ Select Country or Country Groups

External links

Kuwait Investment Authority

Kuwait Investment Office

Kuwait Economic Development at the Open Directory Project

Tax Articles, Kuwait Economy Review

Tax Articles, “The Tax System and Accounting Principles in Kuwait At a Glance”

Deletionpedia, Companies of Kuwait

v  d  e

Kuwait

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Terminology

Coat of arms

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Timeline  History of Kuwait

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Demography

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Portal  Topics

v  d  e

Organization of the Petroleum Exporting Countries (OPEC)

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v  d  e

Members of the World Trade Organization (WTO)

Albania  Angola  Antigua and Barbuda  Argentina  Armenia  Australia  Bahrain  Bangladesh  Barbados  Belize  Benin  Bolivia  Botswana  Brazil  Brunei  Burkina Faso  Burma  Burundi  Cambodia  Cameroon  Canada  Cape Verde  Central African Republic  Chad  Chile  PR China  Colombia  Democratic Republic of the Congo  Republic of the Congo  Costa Rica  Cte d’Ivoire  Croatia  Cuba  Djibouti  Dominica  Dominican Republic  Ecuador  Egypt  El Salvador  European Union  Fiji  Gabon  The Gambia  Georgia  Ghana  Grenada  Guatemala  Guinea  Guinea-Bissau  Guyana  Haiti  Honduras  Hong Kong  Iceland  India  Indonesia  Israel  Jamaica  Japan  Jordan  Kenya  South Korea  Kuwait  Kyrgyzstan  Lesotho  Liechtenstein  Macau  Macedonia  Madagascar  Malawi  Malaysia  Maldives  Mali  Mauritania  Mauritius  Mexico  Moldova  Mongolia  Morocco  Mozambique  Namibia  Nepal  New Zealand  Nicaragua  Niger  Nigeria  Norway  Oman  Pakistan  Panama  Papua New Guinea  Paraguay  Peru  Philippines  Qatar  Rwanda  St. Kitts and Nevis  St. Lucia  St. Vincent and the Grenadines  Saudi Arabia  Senegal  Sierra Leone  Singapore  Solomon Islands  South Africa  Sri Lanka  Suriname  Swaziland  Switzerland  Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu  Tanzania  Thailand  Togo  Tonga  Trinidad and Tobago  Tunisia  Turkey  Uganda  Ukraine  United Arab Emirates  United States  Uruguay  Venezuela  Vietnam  Zambia  Zimbabwe

All twenty-seven member states of the European Union are also members of the WTO in their own right: Austria  Belgium  Bulgaria  Cyprus  Czech Republic  Denmark  Estonia  Finland  France  Germany  Greece  Hungary  Ireland  Italy  Latvia  Lithuania  Luxembourg  Malta  Netherlands and Netherlands Antilles  Poland  Portugal  Romania  Slovakia  Slovenia  Spain  Sweden  United Kingdom.

Special administrative region of the People’s Republic of China.

Designated name for the Republic of China (commonly known as Taiwan)

v  d  e

Economy of Asia

Sovereign

states

Afghanistan  Armenia1  Azerbaijan1  Bahrain  Bangladesh  Bhutan  Brunei  Burma2  Cambodia  People’s Republic of China  Cyprus1  East Timor3  Egypt4  Georgia4  India  Indonesia  Iran  Iraq  Israel  Japan  Jordan  Kazakhstan4  North Korea  South Korea  Kuwait  Kyrgyzstan  Laos  Lebanon  Malaysia  Maldives  Mongolia  Nepal  Oman  Pakistan  Philippines  Qatar  Russia4  Saudi Arabia  Singapore  Sri Lanka  Syria  Tajikistan  Republic of China5  Thailand  Turkey4  Turkmenistan  United Arab Emirates  Uzbekistan  Vietnam  Yemen

States with limited

recognition

Abkhazia1  Nagorno-Karabakh  Northern Cyprus  Palestine  South Ossetia1 

Dependencies,

autonomies,

other territories

Aceh  Adjara1  Akrotiri and Dhekelia  Altai  British Indian Ocean Territory  Buryatia  Christmas Island  Cocos (Keeling) Islands  Guangxi  Hong Kong  Inner Mongolia  Iraqi Kurdistan  Khakassia  Macau  Nakhchivan  Ningxia  Papua  Sakha Republic  Tibet  Tuva  West Papua  Xinjiang 

1 Sometimes included in Europe, depending on the border definitions.  2 Officially known as Myanmar.  3 Sometimes included in Oceania, and also known as Timor-Leste.  4 Transcontinental country.  5 Commonly known as Taiwan. 

Categories: Economy of Kuwait | World Trade Organization member economies | Economy of the Arab League | OPEC

Persian Gulf is a popular region in the world today owing to its huge reserves for natural resources- crude oil, petroleum and natural gas. It possesses such huge reservoirs of oil and related industries that its economy is primarily driven by their exports. Along with the industries, oil and gas jobs in Gulf also multiplied with the discovery of world’s largest single source of crude oil. As Government is all set to transform the oil rich economy into a wholesome one, job opportunities in Gulf have increased tremendously. In order to reduce dependence on oil and gas industry, Governments in Gulf countries have found ways of generating income through other sectors.

A Gulf Cooperation Council (GCC) is also formed by 6 states- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE in view of their similar political systems based on Islamic beliefs and common objectives. -Bahrain, the Kingdom of Two Seas, has the fastest growing economy in the Arab world and has been named the fastest growing financial center as well. -Kuwait literally meaning fortress built near water is the 11th richest country in the world per capita and is classified as a high income economy. -Oman has also been developing at a rapid pace to globalize its economy. Besides its natural and mineral resources industry, real estate, tourism and industry sectors are significant for long term development. -Qatar, an oil and gas rich nation has the 2nd highest GDP per capita in the world and is increasing private and foreign investment in non-energy sectors. -Saudi Arabia, the Land of the Two Holy Mosques is the largest country in the Middle East. It has the world’s largest oil reserves and is thus the largest exporter of oil in the world.

It is aiming towards self sufficiency by promoting growth in private sectors and of local workforce. As such swiftly developing countries come together with a common objective of economic diversification, the employment sector is booming at its best. Jobs in Gulf have gone up in immense numbers for skilled and experienced workforce from across the world. There are numerous job vacancies in Gulf throughout various sectors and since the region lacks trained manpower, professionals from outside are being invited to offer their services. So much so that expats outnumber the population of locals in some cities making it a multi cultural cosmopolitan region.

Those who get to grab well paying Gulf jobs enjoy the diverse culture as people from all walks of life, professions, religions, cultures, beliefs, etc. come together. This becomes helpful in personal and intellectual growth of individuals as they get to interact and mingle with each other socially. Jobs in UAE emirates like Dubai, Abu Dhabi, Sharjah and Fujairah pay extremely well. In fact, this is what jobs in Gulf are famous for- handsome pay packages along with other facilities and relaxing lifestyle. Dubai signifies cosmopolitanism in the entire Middle East making it the most sought after career hub in the region. And Abu Dhabi being the capital city is a political, commercial and industrial center of UAE and a preferred destination for job seekers. Sharjah and Fujairah are among the upcoming career destinations as expats migrate to the emirate in large numbers.

Similarly, jobs in Riyadh ,Damman and Mecca in the Kingdom of Saudi Arabia are also getting lots of spotlight from foreign professionals. Even though the country is conservative, attractive salaries coupled with housing, transportation, insurance and medical allowances make it an extremely lucrative employment center. Therefore, it can be said that jobs in Gulf countries are the most promising as these places travel on a progressive path.

One should look at Dubai’s fast growing skyline, to have a measure of its economic growth. The number of new construction plans being announced on a regular basis, by the city’s developers, is amazing. Several Dubai hotels and retail chains could be enlisted in these developments. Those dealing in Dubai apartments are also found playing active roles. Despite the supply of residential properties looking healthier than ever before, only 175,000 new apartments might be built by the year 2010, as against the demand for roughly 181,000 units. Roughly about 75% of all new developments in Dubai are expected to fall under the property segment, totaling around 0 billion over the next decade.

Dubai has started organizing an International Property Show in the recent times to help grow its own real estate smoothly. The latest edition of this show was held from April 3rd to 4th this year. Exhibitors from several European countries like Germany, France, UK and Spain made their presence felt. Several other players from India, China, Malaysia, Bahrain and Turkey also took part in the same event alongside. The three day long annual show is regarded by many as the most sought after in the Middle East. A 35% increase in the level of participation was recorded this year. The next year’s property event is slated to be held in February 2008.

This annual show features many advanced projects from across the globe involving leisure, commercial and residential properties. Deals outlining newer Dubai hotels and Dubai apartments are often sealed during the three-day annual event. Dubai’s hotel industry is already under pressure while trying to pace along its own tourism sector. Developers would surely like to explore possibilities for making newer world-class hotels in the years to follow.

The main purpose behind this show is to bring together city planners, property developers, financiers, real estate agents, consultants and designers under one roof. This year’s show was held during the International Property Week, thus allowing the visitors and participants to take part in a series of industry-specific workshops, conferences and seminars. New property laws were recently announced in the UAE allowing a major boost in the area of real estate. A basic platform for bringing together all property developers was urgently sought in this scenario. The International Property Show of Dubai has fulfilled the same emerging demand.

International companies succeeded in making a combined sale of 0 million in this year’s show. A leading American real estate firm, named The Corcoran Group, alone made deals worth about 0 million. Its ocean liner named ‘The Orphalese’, launched during the three day event, generated many business queries. Notwithstanding the significance Dubai hotels and Dubai apartments might carry in this part of the world, ideas like ‘The Orphalese’ do also have a great future ahead. The liner is the largest to be built ever in its own class, roughly twice in size compared to the nearest model. It offers 200 permanent and 265 temporary units for stay. It also carries state-of-the-art business, leisure, medical and other necessary amenities on board.

One should look at Dubai’s fast growing skyline, to have a measure of its economic growth. The number of new construction plans being announced on a regular basis, by the city’s developers, is amazing. Several Dubai hotels and retail chains could be enlisted in these developments. Those dealing in Dubai apartments are also found playing active roles. Despite the supply of residential properties looking healthier than ever before, only 175,000 new apartments might be built by the year 2010, as against the demand for roughly 181,000 units. Roughly about 75% of all new developments in Dubai are expected to fall under the property segment, totaling around 0 billion over the next decade.

Dubai has started organizing an International Property Show in the recent times to help grow its own real estate smoothly. The latest edition of this show was held from April 3rd to 4th this year. Exhibitors from several European countries like Germany, France, UK and Spain made their presence felt. Several other players from India, China, Malaysia, Bahrain and Turkey also took part in the same event alongside. The three day long annual show is regarded by many as the most sought after in the Middle East. A 35% increase in the level of participation was recorded this year. The next year’s property event is slated to be held in February 2008.

This annual show features many advanced projects from across the globe involving leisure, commercial and residential properties. Deals outlining newer Dubai hotels and Dubai apartments are often sealed during the three-day annual event. Dubai’s hotel industry is already under pressure while trying to pace along its own tourism sector. Developers would surely like to explore possibilities for making newer world-class hotels in the years to follow.

The main purpose behind this show is to bring together city planners, property developers, financiers, real estate agents, consultants and designers under one roof. This year’s show was held during the International Property Week, thus allowing the visitors and participants to take part in a series of industry-specific workshops, conferences and seminars. New property laws were recently announced in the UAE allowing a major boost in the area of real estate. A basic platform for bringing together all property developers was urgently sought in this scenario. The International Property Show of Dubai has fulfilled the same emerging demand.

International companies succeeded in making a combined sale of 0 million in this year’s show.  A leading American real estate firm, named The Corcoran Group, alone made deals worth about 0 million. Its ocean liner named ‘The Orphalese’, launched during the three day event, generated many business queries. Notwithstanding the significance Dubai hotels and Dubai apartments might carry in this part of the world, ideas like ‘The Orphalese’ do also have a great future ahead. The liner is the largest to be built ever in its own class, roughly twice in size compared to the nearest model. It offers 200 permanent and 265 temporary units for stay. It also carries state-of-the-art business, leisure, medical and other necessary amenities on board.

Since decades, skilled Indian professionals have been migrating to the Gulf in search of high-paying jobs. In fact, Gulf countries house nearly five million Indian workers. They are spread across the spectrum of career options. Oil & gas, construction, hospitality and nursing and medical care are the most popular job options for those migrating to the Gulf. Thus, thousand of Indian professionals migrate to the Gulf in search of high-paying jobs in these industries. While most of them settle in blue-collar jobs, even top of the line jobs are also absorbing a lot of Indians these days. Thus, Gulf countries are the preferred destination as they provide a good standard of living with a high-paying job.

In fact, in a recent survey by HSBC Expat Explorer revealed the fact that the UAE is the second best place in the world to migrate to. It comes only after Singapore. At the moment Gulf states are offering good jobs coupled with amazing lifestyle, high salaries and least tax. Thus, it becomes the top choice of Indian migrants looking to find a high-paying job in the field of their expertise. The opportunities here are vast and it absorbs skilled and talented professionals with open arms. Be it UAE, Bahrain, Kuwait, Oman Qatar or Saudi Arabia, the job opportunities are immense and each state holds its own lure to attract talent. They all have their own special attraction for different reasons but they all offer ample high-paying jobs to those looking to migrate.

The United Arab Emirates – UAE that comprises of Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain- has a huge expatriate population. It wouldn’t be wrong to say that the expatriate population here outnumbers the local one. In fact, 90% professionals in this area are from foreign countries. Thus, the avenues here are immense. Of all the emirates, Abu Dhabi and Dubai are the hottest job destinations for obvious reasons. Abu Dhabi, which is the capital of the UAE, is a fast developing area tahta lso accounts for around 60% of the UAE’s GDP. It offers great job opportunities in the real estate sector as well as oil and gas industry, construction, education, IT and healthcare. There are various high-paying jobs up for grabs in these industries in Abu Dhabi.

Dubai, on the other hand, is a vastly popular destination not just for tourism but also as a career destination. It offers a unique lifestyle and is one of the fastest growing populations in the world owing to the large number of professional expatriates who are settling down in Dubai to for lucrative jobs in Dubai. There is a plethora of job opportunities in the banking and finance, engineering, construction, management, tourism, media, education and telecommunications and IT sectors in Dubai. The way of living in Dubai is very high-end and it is also comparatively on open-mind state.

While Dubai enjoys a recent popularity, Saudi Arabia has been enjoying preference by professionals for years. It was the most favorite career destination of expats looking to find high-paying jobs in the Gulf. Saudi Arabia offers a lot of high-paying jobs in sectors such as education, the oil industry and the private sector. The only thing that acts as a dampener for Saudi Arabia is its restrictive and conservative lifestyle as opposed to Dubai. It is an alcohol free state where expatriates live in compounds. If one is ready to live in these restrictions, Saudi Arabia offers huge scope for high-paying jobs across sectors.

Kuwait is the hottest destination for skilled workers as it is witnessing a spurt in infrastructure. Since, the region is oil-rich; the major job opportunities are in the energy sector. However, of late it is looking to diversify and soon promises to offer a lot of high-paying jobs across sectors. Qatar also offers a very high quality of living. Also, it is among the least taxed nations. Thus, it is a very attractive destination for those who are looking to earn very high in some time. It offers lucrative jobs in hospitality, accountancy, education, engineering, finance, management, healthcare, sales and also the airline business. Thus, it is an alluring destination for making very good money.

Coming to Bahrain, it is the fastest growing financial centre. Just like Dubai, it also offers a free lifestyle. Professionals living here enjoy a modern lifestyle and plenty of meaty jobs. A variety of sectors offer attractive jobs in this region. The most attractive sectors to work for in Bahrain are banking and finance, IT and management.

Lastly, Oman has many advancing career opportunities. While IT and Communications are fast developing in this region, the industrial employment sector is a hot one. Thus, across the Gulf there is no dearth of high paying jobs. One has to select the region as per the personal preference and the job that offers the most in terms of money and lifestyle.