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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. Over 90 per cent got jobs under rural employment schemeNew Delhi: More than 90 per cent of job applicants have been given employment under the national rural employment guarantee act, the Rajya Sabha was informed today."Out of 7,328,551 persons who have demanded employment (under the NREGA), 6,886,729 have been provided, which is 93.97 per cent," Minister of State for Rural Development Suryakanta Patil said in a reply.The Minister, however, admitted that a range of factors, such as state elections and shortage of staff and training, did slow down the progress of the rural employment programme in certain areas initially.But progress considerably improved after separate funds came in provide training for the programme, she said."Besides, instructions have been issued by the Central government from time to time for effective implementation of the act by the states." Sanitation: The Delhi government has made no request to the Centre to be part of its total sanitation campaign (TSC), Minister of State for Rural Development A Narendra said in a reply.The campaign is, however, under implementation in 559 rural districts across the country, he said."All the remaining districts in the country will be covered during the eleventh plan." Jharkhand Roads: The Jharkhand government has spent Rs 64.78 crore out of Rs 170 crore of the Central allocation in 2005-06 under the Pradhan mantri Gram Sadak Yojna, the Rajya Sabha was informed.In 2004-05, it spent Rs 95.08 crore out of Rs 110 crore on rural road-laying under the scheme, Patil said. read more. Expat secretaries to be allowed new positionsDubai: Expatriate secretaries will be able to continue working for their employers as long as the title and nature of their positions are adjusted, said a senior labour official. Dr Khalid Al Khazraji, Undersecretary of Labour, said that although secretarial positions were to be emiratised, employers were being given the option to keep their former expatriate secretaries as long as they were given alternative positions. "There is a need for flexibility in implementing the rules. The idea is to encourage companies to employ UAE nationals," he said. However, he added that secretarial positions were exclusively reserved for UAE nationals. A ministerial decision which came into effect on June 24 requires all secretarial positions to be emiratised. read more. Nepalis stranded in DubaiA 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. DIC set for SmartCity talksA delegation from Dubai Internet City is to meet with officials in Kerala in a bid to revive the SmartCity project in Kochi, which was stalled by the new state government, reported Gulf News. The scheme, which is intended to be developed alongside the government, aims to boost investment and employment in the state. The DIC is currently in discussions with other Indian cities about setting up similar business parks. . read more.Our opinions on this sector are exorbitantly strong. There are a larger amount of websites right now that give out a great deal of information. If you unquestionably long to identify more about info related to Dubai Finance Job, then you should be calm and spend the time obligatory to find the top authorities to aggregate the material. After you have carefully sifted through the web sites we present on this web page, we encourage you to bookmark them. Our excitement for the issue has increased throughout time.
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