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Work on Dubai World Central's first runway on targetDubai: Work on the first runway at the world's largest cargo airport - Dubai World Central International Airport (JXB) is on target for completion in the last quarter of 2007. "Progress is right on schedule with more than 10 per cent of the four and a half kilometre runway, which will be capable of handling the new generation Airbus A380 aircraft, completed in the past four months alone," said Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and President and Chief Executive of Emirates Group. "This first runway of a total of six will enable JXB and Dubai Logistics City (DLC) to commence operations as the world's largest freighter airport and cargo hub," he added Cruise ships: Dubai added to Black Watch's list Dubai: Black Watch, a leading European cruise operator, will add Dubai on its cruise itineraries calendar. read more. Alumco, $23.5m Burj dealAlumco has won a $23.5m contract from Arabtec-Besix to supply a total of 755,000 sqft of its aluminium facades to the 63 storey Burj Dubai Lake Hotel. Alumco's work on the project will commence in October and is expected to be completed by January 2008. . read more. DIFX and Bahrain Stock Exchange sign Memorandum of UnderstandingA Memorandum of Understanding (MoU) was signed today between Bahrain Stock Exchange (BSE) and Dubai International Financial Exchange (DIFX) to develop and strengthen capital markets activity in the region. The MoU was signed by Fouad Rashid, BSE's Director, and Nasser Alshaali, Chief Operating Officer of the DIFX. The MoU aims at strengthening and increasing cooperation between both parties in areas relating to exchange of expertise and information by both parties. The MoU will work on increasing awareness among both parties market participants regarding the legal framework and investment opportunities available in both bourses. It also encourages listed companies in both stock markets to cross list their securities. The MoU encourages both parties to jointly organize training programs and enhances relations and cooperation between market participants operating on both stock exchanges Mr. read more. Indian MP calls for Bahrain-India shipping serviceDubai - An Indian MP from Kerala has called for the resumption of a shipping service between Bahrain and India for the benefit of low-paid Indian workers in that Gulf country. Pannyan Ravindran of the Communist Party of India (CPI) has said that he will submit a petition signed by 20 MPs from Kerala to Prime Minister Manmohan Singh seeking resumption of the services, according to a report in the Gulf Daily News newspaper. Ravindran, according to the report, has said that the shipping services were necessary as the present airfares between India and Bahrain are almost the same as those on the India-Europe sector, which the low-paid workers cannot afford. Though a passenger ferry service was launched between the Gulf and India in 2001 by a Bahraini firm, it had to be subsequently cancelled as the vessel could not get a sea-worthiness certificate from India's Mercantile and Marine Department. read more. Spirit of Norway take the field as strong favouritesDubai: Spirit of Norway go in as strong favourites in the Honda British Grand Prix the fifth round of the UIM Class One World Powerboat Championship in Plymouth this week. Though Spirit of Norway lead the title race by 17 points, they have not had it going their way this season. And when the defending World Champions line up in Plymouth tomorrow, they will be wary of the threat that the list of would-be challengers is growing after each race this season. Midway through the 2006 season, with four races run, the championship is developing into one of the most unpredictable and compelling for many years. Five boats have taken either pole position and/or race wins so far. Spirit of Norway and King of Shaves, running the Lamborghini-Skema V12 and Foresti&Suardi-Roscioli Hotels with the Lamborghini-Scam V12 have set the pace in qualifying to grab pole position and Spirit, with Qatar 95 and Jotun, both running the Mercury Class 1 V8, taking race wins. read more. When every coin countsThe phones may have stopped ringing for the 'Towards Healing Lebanon's Wounds' telethon, but the money keeps coming in, as the crisis in Lebanon elicits a massive response from the UAE. Dh54 million was raised for the cause in just ten hours. Throughout the UAE, the public continues to be outraged by the rising death toll and acts of brutality, such as the Qana massacre. An estimated 900,000 people or one fifth of Lebanon's population have been displaced, translating into a wide-scale humanitarian crisis. While some wring their hands in despair over a situation that continues to deteriorate, vast numbers of UAE residents are opting instead to actually do something. With the crisis so close to home, the UAE's contribution to the humanitarian appeal has been described as "phenomenal". read more. Bahrain blaze survivors to sue firmDubai: The survivors of Sunday's labour-camp fire in Bahrain, in which 17 Indian workers lost their lives and nine were injured, have decided to file a class action civil suit against their employer, the Royal Tower Construction Company. The survivors have refused to go back to work unless the company improves their living conditions, according to a report in the Gulf Daily News newspaper.The case would be in addition to criminal charges that are expected to be pressed against the company, the report quoted India's Ambassador to Bahrain Balkrishna Shetty as saying.The workers' case could lead to payout of hundreds of thousands of Bahraini dinars by the company to the workers, he said."Investigations are now under way by the public prosecutor to ascertain whether there was criminal intent and charges are expected to be filed in a few days," Shetty told a press conference. read more. Gulf Navigation signs AED145 Million contract with GlencoreGulf Navigation Holding (GNH), the region's rapidly growing oil and chemical carrier and ST Shipping and Trading, Switzerland - based Glencore's shipping arm, one of the largest oil trading houses in the world, have signed a time charter agreement for three ships at an approximate value of USD40 million (AED145 million). . read more.Our views on this sector are exorbitantly strong. We have searched through the documents and sorted it so that it will be arranged for you. If top Dubai It Jobs knowledge is what you are demanding, All the Web can find it for you.
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