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Shia Imami Ismaili Council in UK gets Asian businessman as president

AN ASIAN businessman has been appointed the president of His Highness Prince Aga Khan Shia Imami Ismaili Council for the UK.

Naushad Jivraj took over the role on July 11 and will serve a three-year term.


Jivraj is the CEO of Queensway Group, a family business founded in the 1970s with interests in the real estate and franchise sectors.

The company are franchisees of the Starbucks brand in the UK with 14 stores and the KFC brand in Austria and Slovakia where they operate 10 stores.

They also own and operate seven Point A Hotels in London, two in Scotland (Edinburgh and Glasgow) and one under development in Dublin.

Recently, Queensway Group acquired The Sloane Club, a private members’ club, in London Chelsea in partnership with Clearbell Capital.

In his new role, which is a voluntary position, Jivraj’s remit includes the UK as well as Austria, Sweden, Denmark, Germany, Italy, Spain, Ireland, and the Netherlands.

He will be responsible for the welfare of 18,000 Ismaili Muslims and the council whose teams focus on education, economic planning, legal matters and health, among others.

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Scotch whisky production slows as tariffs and weak demand bite

The first half of this year showed Scotch exports worth £2.5bn

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Scotch whisky production slows as tariffs and weak demand bite

Highlights

  • American tariffs adding 10 per cent to costs, with further 25 per cent charge on single malts expected next spring.
  • Barley demand slumped from up to 1 million tonnes to 600-700,000 tonnes expected next year.
  • Major distilleries including Glenmorangie and Teaninich have paused production for months.
Scotland's whisky industry is facing a sharp downturn in production as it adapts to challenging market conditions worldwide, with US tariffs and weakening global demand forcing major distilleries to halt operations.

Tariffs introduced under the Trump administration have added 10 per cent to importers' costs in the industry's biggest export market.

American tariffs on single malts, suspended four years ago, are expected to return next spring with a further 25 per cent charge unless a deal is reached.

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