Doha Trade Fair Opens
I love these fairs – there are vendors from all over. One year, I bought bought fabrics from the Sudan and from Senegal – fabulous things I would never find anywhere else. It’s like a shopping trip around the world. đ
Huge turnout at Doha Fair
From today’s Gulf Times
Ahmed al-Nuami inaugurates the Doha Trade Fair 2010 at Doha Exhibition Centre yesterday
The eight-day Doha Trade Fair 2010 got off to a great start yesterday at the Doha Exhibition Centre in the presence of a large number of people.
The fair, organised by the Qatar Tourism and Exhibition Authority in association with Qatar Expo, has attracted more than 600 exhibitors from about 20 countries.
More than 15,000 square metres at the exhibition venue has been occupied by the exhibitors.
Bumper prizes and opportunities for bargains on an array of goods beckon visitors.
Products being sold at the venue include carpets, clothes, cosmetics, textiles, lighting accessories and brassware and handicrafts from many Asian, African, European and Middle East countries.
According to Qatar Expo, QR5mn worth of goods is expected to be sold at the fair in the next seven days.
âWith 685 exhibitors this time, the fair is growing at an enormous pace every year. The event is expected to turn Doha into a top business destination of the whole of the Middle East,â an official of the organising company said. He also expressed confidence that there would be more participants at the fair next year.
Qatar Tourism and Exhibition Authority chairman Ahmed al-Nuaimi inaugurated the fair. Diplomats of a number of missions and senior Qatari community members attended the opening ceremony.
The fair timings are between 10am to 1pm and 4pm and 11pm. The event will conclude on January 24.
Doha Food Festival – WOOO HOOOO!
Doha Food Festival from Feb 3
From today’s Gulf Times
As part of a cultural calendar celebrating Doha as the Capital of Arab Culture for 2010, Qatar Tourism Authority will host the first Doha Food Festival from February 3 to 6 at Doha Exhibition Centerâs outdoor tent.
Organised under the slogan of âTaste and Funâ, the event will offer family entertainment. Hotels and restaurants operating in Qatar will showcase a wide variety of dishes.
As many as 50 exhibitors will prepare food on-site.
Live music and raffle drawings are scheduled. A grand prize for a restaurant, determined by public interest, will also be announced.
Start your Day with a Smile
My good friend in Kuwait sent me this wonderful film in a market in Spain. Watch all the way to the end, and see the sign. I love creative advertising!
German Lingerie Ad: Liaison Dangereuse
A German company finds a fresh new take on selling lingerie; found this on AOL Finance News đ Very clever.
Sexiness for everyone from Glow Berlin on Vimeo.
Mixed Forecast
Interesting article from today’s Peninsula Business Section on rising mortgage trends in the United States. The views are so mixed; is the economy recovering? Are there going to be buyers for all those houses on the market? Will they find a way to forestall the next round of foreclosures as ARMs come due and new rates kick in?
US mortgages on upward trend
Web posted at: 12/27/2009 11:52:57
Source ::: LAT-WP
WASHINGTON: After hitting an all-time low in early December, the average rate on a 30-year, fixed-rate mortgage rose to 5.05 percent this week and could climb to 6 percent by the end of 2010, if not sooner, according to giant mortgage financier Freddie Mac.
The results are noteworthy because rates have not topped 5 percent since the last week of October, when they reached 5.03 percent, based on the results of this closely watched survey, which polls lenders during the first three days of every week.
Many firms regularly track interest rates and come up with slightly different numbers because they survey different lenders at different times of the day or week. But several have reported the upward trend in recent weeks. They attribute it in part to the effects of the holiday season, when demand for buying and refinancing homes dies down and financial markets coast through the end of the year.
âHowever, this is also a glimpse of what weâre going to see in 2010,â said Greg McBride, a senior financial analyst at Bankrate.com, a personal finance Web site.
The key catalyst for interest rates going forward will be the end of a Federal Reserve program that buys a sizable chunk of mortgage-backed securities issued by firms such as Fannie Mae and Freddie Mac. That program succeeded in immediately pushing mortgage rates well below the 6 percent mark when it was announced last year.
But the Fed has committed to winding down the program by March. The central bank is betting that by gradually tapering its purchases, private buyers of mortgage-backed securities, who have largely been absent from the market, will return and rates wonât rise much.
But Amy Crews Cutts, deputy chief economist at Freddie Mac, said interest rates are bound to rise to six percent by the end of 2010 because private buyers will demand a higher rate of return on the securities than the Fed did. Lenders may have to raise the rates they charge to consumers in order to make that happen.
âExtraordinary resources have been put into keeping the rates down and supporting the mortgage markets and itâs hard to imagine that the rates can go much lower than they are,â Crews Cutts said. âAnything we get at or below five percent is a gift at this point.â
This weekâs Freddie Mac survey found that the 5.05 percent average on 30-year fixed-rate loans (with an average 0.7 point) was up from 4.94 percent the previous week but down from 5.14 percent at the same time last year. The all-time weekly low since the firm started tracking the numbers in 1971 was in the first week of December, when rates fell to 4.71 percent.
Many borrowers have not been able to secure the best rates because they lack the stellar credit scores and hefty down payments that many lenders now demand. Some who have tried to refinance have not been able to qualify because their home prices have plummeted to the point where they now owe more on their mortgages than their homes are worth.
But anyone who can secure a loan should not wait much longer, especially if they are looking to refinance, McBride said. Homeowners are more sensitive to interest rates when they refinance than when they buy a home. âThe difference between 5 percent and 5.5 percent could mean the difference between refinancing or not,â he said.
But the interest rate is less critical to people who want to buy a home, McBride said. In that case, price and affordability should trump interest rates.
Harvest Festival Bazaar, Kuwait NEC
This year the Lighthouse Church has its annual Harvest Festival on Nov. 14 (Sat) from 9:30am-4pm.
It takes over the entire Evangelical Church compound in the city (next to the Legislative Bldg where they are doing all the construction) and is a huge indoor/outdoor bazaar.
There are many things for sale including clothing & shoes, books, household and electronic items. There is live music all day by our various church bands and children’s groups plus games and other activities for children There are also food stalls from many different nations so you could snack all day if you like. Basically, there is something for everybody.
The New Apple Market
I’ve written before about The Apple Market in Pensacola, but on this trip, I had a thrill – the Apple Market has grown. The aisles are wider now. They still have an incredible variety of things that are available, but their ready-prepared food section has grown, they have a separate coffee section – the whole place is larger and more spacious, but still neighborly and friendly. I love that place.


Not Seattle
Just looking at these photos, it would be easy to think I was still in Seattle. It gave me a big grin. The rest of my group were still shopping, so I took a few “not-Seattle” shots:
Look! Salmon!

Trout!

Looks pretty PWN to me, except maybe he needs a sweatshirt!


OK, here’s your big clue:

And here is where we ate really good Chinese food (no, sorry, no photos!)

We had spring rolls and crab wontons, then Hunan Beef, Orange Shrimp, Dali Chicken and Cashew Chicken with steaming hot green tea. After Iftar, you can read P.F. Chang’s Menu here. đ




