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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. MIDDAY BUSINESS REPORT: Garmin navigates to record, raises ...Garmin Ltd . sold $432.5 million worth of navigation gear during the second quarter, shattering Wall Street estimates for the Olathe company. Before the market opened this morning, the manufacturer of Global Positioning System devices reported a $120.7 million profit for the three months. Min Kao, Garmin's chief executive, said the sale of automotive products grew by more than 100 percent during the period. "Solid growth in both our automotive/mobile and outdoor/fitness segments has positioned us to exceed our earlier 2006 guidance for these segments," Kao said in a statement. The company raised its sales projections for 2006 to $1.6 billion, and earnings per share forecast to "exceed $3.90." The $432.5 million in sales is a record for Garmin for the second quarter. read more. Al Ghurair City Knowledge Surprises activities a huge draw with ...The Dubai Land Department, organisers of Knowledge Surprises week, is hosting four wonderful activities to enrich the knowledge bank of the little ones at Al Ghurair Centre. These are fun activities designed to entertain and enrich the kids while also developing their competitive spirit. Sultan Ibrahim, Deputy Head of Organising Committee of Knowledge Surprises said, These activities will benefit the participants by widening their knowledge bank, nurturing their talent and developing their skills. Team competitions also teach the kids on how to cooperate and work for the team. As a token of encouragement for the kids we also distribute gifts at the end of each activity. The activities at Al Ghurair include Fatfoot, the Pyramid Builder. Its a game where four children participate and try to climb the pyramid following Fatfoots orders. read more. 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.Resist wasting away time struggling to inform yourself. Spending the time necessary to find the best Dubai Job Vacancies resources is a sacrifice that will be profitable in a hefty manner. Your curiosity in this fascinating business probably began due to a magazine you read. There are far more webpages currently that demonstrate a great deal of strategies.
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