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DIFX and Bahrain Stock Exchange sign Memorandum of Understanding

A 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.

Nepalis stranded in Dubai

A Nepali social worker in Dubai, Shyam Sharma, informed Nepalnews that the brokers brought them to Dubai after taking Rs. 150,000 per person giving assurance of good jobs in Iraq. The brokers had assured them to take them to Iraq via Dubai. The brokers fled after keeping Nepali workers in Rasalakhai city of Dubai. Of the stranded workers, five Nepalis, who were languishing in the city, said they did not even have proper arrangements for food. Stating that the number of Nepali people being cheated is increasing every day, Sharma advised the government to correspond to the concerned embassies not to issue visit visas to Nepalis and if anybody wants to go to the Arab countries, they should not be allowed to go there without having US dollars 1,000. Though the government has been banning foreign employment in Iraq, many Nepali go there via India with the hope of earning more money. read more.



Yahoo! and Canaan Partners invest USD 8.65 million in ...

Chennai, Tamilnadu, India, 2006-08-05 (IndiaPRwire.com) -- Yahoo! Inc., a leading global Internet company and Canaan Partners, a global early stage venture investor in innovative technology companies, today announced that the companies have both invested US $8.65 million in BharatMatrimony.com Pvt. Ltd, the No. 1 matrimony service provider with 7.5 million registered members. Both investors will be represented on the board of the company. Veda Corporate Advisors acted as a strategic advisor to the transaction. Murugavel Janakiraman, CEO, BharatMatrimony Group, said, "It gives me immense pride that two of the world's leading companies in the technology and Internet space have invested in our business. More importantly, the global knowledge, partnerships and experience that both these investors bring will help us scale our business globally. read more.

Wright favours Ganguly's selection

Dubai: Amid speculation of a comeback by Sourav Ganguly to the Indian team, former coach John Wright has said the record of the former captain made a case for his inclusion in the one-day side.The ex-New Zealand skipper, currently in the eye of a storm over his just-published book 'Indian Summers', has also emphasised that he enjoyed a "steady" relationship with the Bengal batsman and there were no differences between them.Asked in an interview, which appeared in 'Gulf News' today, if he felt Ganguly still had a chance to make a comeback to the national team, he said: "I believe he is a great cricketer with more than 15,000 international runs and one who has given Indian cricket a certain direction."It will be great if he can make it." On his relationship with Ganguly, Wright said, "See, we had worked for more than four-and-a-half years and I believe we had a steady relationship."We are in a position where if he (Sourav) comes to Christchurch, he can think of having dinner at my residence while I can think of the same when I am in Kolkata. read more.We have read through the documents and presented it so that it is presented for you. There are more web sites right now that lay out a great deal of Jobs Dubai Airport tips.

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Mashreqbank and ENDP start 'Kawader Al Mashreq' training | Mashreqbank
Once they join the bank full time they will receive a further one month of induction and on the job training. the current 23 trainees are the first batch of



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