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AirAsia X to suspend Iran service citing currency volatility

Kuala Lumpur: The long-haul arm of budget carrier AirAsia said on Monday it would suspend operations to Iran, citing currency “volatility” as the carrier mounts new profitable destinations across the Asia-Pacific.

Malaysia-based AirAsia X said the current four times weekly flights between Kuala Lumpur and Tehran will be suspended with

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Invest in a second passport

If you love to see new places and don’t have a European, UK or US passport, you probably get frustrated when traveling.

Crossing borders has always been a difficult ritual for third-country passport holders. They go through immense bureaucratic paper work and get stuck at immigration counters just to visit a foreign country.

 

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Investors renounce passports to evade taxes

Obtaining a second passport for tax purposes is a popular option among wealthy individuals in countries where taxes are deemed to be very high.

Bloomberg reported early this year that about 1,780 expatriate Americans renounced their US citizenship in 2011 compared to 235 in 2008. The US tax system has a long reach and Americans who

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Don’t take these investor programmes lightly

Investing in a second citizenship for financial reasons is a critical decision to make and candidates are strongly advised to think things through before parting with their cash.

Paul Hymers of Atlas Corporate Services says citizenship-by-investment programmes don’t just take time, they can be very costly and have some negative r

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Rental dilemma: Single cheque or multiple cheques?

Dubai: Property experts, rental firms and landlords claim tenants paying in multiple cheques won’t safeguard them from scams.

Hundreds of tenants and landlords across Dubai have been hit by multiple property rackets in recent months, losing thousands of dirhams when rogue agents have fled with their cheques.

Industry experts

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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