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Dubai Investments Park constructing 38,000 sq meter sports facility for tenantsDubai Investments Park (DIP), which is a wholly-owned subsidiary of Dubai Investments, has announced that it is constructing a fully-equipped cricket and football pitch within the Park in cooperation with Seven Seas Shipchandlers LLC, for tenants of the Park and for labourers staying in the labour accommodation in DIP. . read more. ICC aims to end Zimbabwe cricket impasseDubai, Aug 2 (IANS) The International Cricket Council (ICC) is trying to work out a time table to bring Zimbabwe back to the Test match fold after its top officials visited the country and met the stakeholders of the board. At the end of their four-day visit to Zimbabwe, ICC president Percy Sonn and chief executive officer Malcolm Speed said Wednesday that they would give their feedback to the ICC's executive board meeting in November. 'We met with Zimbabwe cricket's interim committee, the Minister for Education, Sport and Culture Chigwedere, the national team's captain and coach and other stakeholders,' said Sonn. 'We were grateful for the opportunity to listen to and speak with everyone we met and, thanks to those meetings, we have a better understanding of the issues facing cricket in Zimbabwe,' he added. read more. Home boys fly the flag as Redoute's Choice races away with first premiershipTHE 2005-06 season, which ended on Monday, proved what a great line-up of colonially bred stallions Australasia has to offer, with seven home-breds among the top 10 sires and magnificent results for several exciting freshman sires. Redoute's Choice has been the benchmark stallion, winning his first champion sire of Australasia title, with a $1.8 million margin, as well as being the leading sire of two-year-olds for the season. He led for most of the past four months and never looked like being headed, with Encosta De Lago filling the quinella. Encosta De Lago supplied more winners than any other stallion with 128 individual winners of 227 races. New Zealand-based Zabeel finished third in the overall stallions' lists ahead of Makybe Diva's sire Desert King, which no longer shuttles overseas. read more. Officials' waffling may put brakes on monorailThe future of Jakarta's planned monorail remains fraught with confusion as the project's principle actors, as well as state officials, persistently contradict each other on the question of financial guarantees to secure overseas loans. Vice President Jusuf Kalla said Friday that the central government is willing to provide the guarantees for project developer PT Jakarta Monorail (JM) so it can secure overseas loans. However, this can only be done if the Jakarta administration finalizes its contract with JM. "We are willing to issue the guarantee. But the Jakarta administration should ensure with JM that the minimum requirements for the project have been met," said Kalla without elaborating. He reiterated that it was the task of the city administration, not the central government, to guarantee the project. read more. Bags full of possibilities for job creationJOB creation is often seen as requiring big projects, massive capital outlay or state intervention. Business and government overlook opportunities in the so-called second economy. Instead of pouring money into job creation, why not support and expand existing markets created by the entrepreneurial instincts of poor people? An excellent example of this is the Johannesburg cross-border retail trade sector, where more than half a million people are coming into the city each year to shop, bringing in between R15bn and R20bn a year. Figures from South African Tourism indicate that one third, or R15,7bn, of the total spend by domestic and international tourists in SA in 2004 was in Johannesburg. Of this, R5,7bn, or more than one-third, was from regional shoppers travelling overland to SA. read more. Firms with over 100 staff 'must' emiratise HR postsDubai: Companies with more than 100 employees will have to emiratise their national human resources managerial positions, according to an administrative decision issued by the Ministry of Labour yesterday. The decision issued by Dr Khalid Al Khazraji, Labour undersecretary and Acting Director-General of the National Human Resources and Employment Authority (Tanmia), stipulates that companies with over 100 employees will have to emiratise their human resources managerial positions within 18 months. The process must start immediately. If these companies find it difficult to meet this target, they have the option to emiratise human resources positions in two phases. In the first phase, they must emiratise 50 per cent of all human resources positions within 18 months. read more. Gulf Navigation Holding signs Dh145m ship dealDubai: Gulf Navigation Holding (GNH), the region's rapidly growing oil and chemical carrier, and ST Shipping and Trading have signed a charter agreement for three ships at an approximate value of $40 million (Dh145 million). ST Shipping and Trading is the shipping arm of Switzerland-based Glencore, one of the largest oil trading houses in the world. Under the terms of the agreement, GNH will time-charter two ships to ST Shipping and Trading for up to two years under long-term fixed rate employment, and a third at a floating market rate with a fixed minimum charter rate. The process for delivery of the three vessels will be completed in the next few days. The vessels are double hull with a deadweight of 48,000 metric tonnes each and have a liquid capacity of about 50,000 cubic metres. read more.Our views on this subject are extraordinarily strong. If reliable Finance Job In Dubai info is what you are searching out, Ask Jeeves can organize it for you.
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