Author: dailyguardian.ae

Gone are the days when expatriates could seamlessly alternate between different currencies, tax regimes, and regulatory environments. The increased global mobility in recent decades and tense geopolitics have cumulatively shaped a world where expats face unique challenges in their wealth management. Navigating the intricate financial terrain today requires a deep understanding of various investment instruments and country-specific monetary policies. Financial intricacies and their dynamic nature require expats, particularly globe-trotting high-net-worth individuals (HNWIs), to review their portfolios periodically. In the GCC, where an astounding 71 per cent of expats have reported feeling better off financially in 2023 compared to the previous…

Doctors at a hospital in the Indian capital took out 39 coins and 37 magnets from a man’s intestine by surgery. The patient, who was suffering from a psychiatric illness, reportedly swallowed the coins and magnets under the assumption that zinc helps in body-building. The 26-year-old patient reached the emergency ward of New Delhi’s Sir Ganga Ram Hospital with complaints of repeated vomiting and abdominal pain for more than 20 days. The patient was also not able to eat anything. The patient’s relatives said that he had a history of eating coins and magnets for the past few weeks. He…

Google plans to relaunch its AI tool that creates images of people, which it paused last week after inaccuracies in some historical depictions, in the next few weeks, Google DeepMind CEO Demis Hassabis said on Monday. Alphabet’s Google began offering image generation through its Gemini AI models earlier this month. Some users, however, flagged on social media that it generated historical images which were sometimes inaccurate. “We have taken the feature offline while we fix that. We are hoping to have that back online very shortly in the next couple of weeks, few weeks”, Hassabis said in a panel in…

Everton have had their points deduction for breaching Premier League financial rules reduced to six points from 10 after an appeal, the club said on Monday, though they could yet face another punishment for a separate overspend. Everton were docked points with immediate effect in November after being found to have breached the league’s rules relating to spending and losses, partly blamed on the rising cost of financing their new ground that is under construction. “An independent Appeal Board has concluded that the sanction for Everton’s breach of the Premier League’s Profitability and Sustainability Rules (PSRs), for the period ending…

Pernod Ricard Unveils ‘Longitude 77’ in Dubai The name Longitude 77 is inspired by the line of longitude that passes through the length of India at 77° east Dubai – February 26, 2024: Following a remarkable India launch in December 2023, Longitude 77, the luxury spirit from the House of Pernod Ricard India launched in Dubai yesterday. + Taking the best of Indian craftsmanship to the world, the brand officially announced the expansion of its footprint in a splendid evening showcasing the brand philosophy of an India Reimagined through the lens of a fashion showcase featuring globally renowned Indian designers.…

If you want a powerful processor, you can get a lot for your money at around the $400 mark. Both AMD and Intel have stellar options that offer high performance in gaming and productivity, and that even compete with the very best of the best that cost hundreds of dollars more. The Ryzen 7 7800X3D and Core i7-14700K have lots of cores, super-high clock speeds, and boatloads of cache. Here’s how they stack up in a classic head-to-head comparison of the best CPUs under $400. Pricing and availability AMD launched the Ryzen 7 7800X3D in April 2023, just over six…

The League of Arab States on Monday called Israel’s occupation of Palestinian territories an “affront to international justice”, saying failure to end it amounted to “genocide”. The International Court of Justice entered its last day of week-long hearings after a request from the United Nations, with an unprecedented 52 countries giving their views on Israel’s occupation. “This prolonged occupation is an affront to international justice,” the 22 Arab-country bloc’s representative told judges in The Hague. Stay up to date with the latest news. Follow KT on WhatsApp Channels. “The failure to bring it to an end has led to the…

In the complex landscape of corporate taxation, businesses are constantly seeking ways to optimise their tax strategies and enhance their bottom line. One such strategy involves the formation of group structures known as tax groups and qualifying groups, which can offer significant tax benefits and streamline administrative processes. Understanding the differences between these group structures is crucial for businesses looking to maximise their tax efficiency and minimise their tax liabilities. A tax group in the corporate tax law is defined as two or more taxable persons treated as a single taxable entity according to the conditions of Article 40 of…

Former champion Andy Murray dug deep to edge out Canada’s Denis Shapovalov 4-6, 7-6, 6-3 in front of a jubilant Centre Court Crowd at the Dubai Duty Free Tennis Championships on Monday night. The come-from-behind victory saw Murray – who claimed a solitary Dubai title in 2017 – register a landmark 500th career win on hard courts. He becomes only the fifth player to achieve the feat, joining luminaries of the game Roger Federer, Rafael Nadal, Novak Djokovic, and Andre Agassi. “It’s not bad, is it?” Murray said after reaching the milestone. “Hard courts have been a great surface for…

Celebrate International Women’s Day with AZORA Jewellery: Where Elegance Meets Empowerment 26 February 2024; Dubai, UAE- As the world prepares to honor the extraordinary women in our lives on International Women’s Day this March 8th, AZORA Jewellery is proud to announce its exquisite collection, designed to embody sophistication, empowerment, and elegance. At AZORA Jewellery, every piece tells a story of timeless beauty and grace. Crafted with precision and passion, its collection features Italian Gold and Diamond Jewellery, meticulously curated to reflect the essence of femininity. From delicately designed bracelets to statement necklaces adorned with lustrous pearls, each piece exudes unparalleled quality and…