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He has promises to keep,And Miles To Go Before He Can Sleep

Mahmoud Mohieldin is one of those people you either love or hate there's no gray zone, no safe middle ground. As the brashest and most outspoken of the Nazif Cabinet's Economic Team, where he joins Minister of Trade and Industry Rachid Mohamed Rachid and veteran Minister of Finance and Insurance Youssef Boutros-Ghali, Mohieldin has been working overtime since July 2004 to kick-start the nation's ailing economy. Two years into the job, he is routinely lauded in international circles for both his vision and the bluntness with which he implements it. It's gotten to the point where he seems almost invariably described in the foreign press as "Egypt's tough-minded investment minister." Those same attributes have won him little other than attacks here at home, particularly in the local press, and he knows it: Mohieldin has no illusions about his popularity with the majority of Egyptians who are staunchly opposed to his fast-track privatization program, but he says he's determined to remain focused on "ensuring the Egyptian people their right to a better future." Two years on, the statistics are promising and the programs are working, but the Economic Team still lacks credibility on the street. read more.

Gulf Navigation Holding signs Dh145m ship deal

Dubai: 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.



Bags full of possibilities for job creation

JOB 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.

Location matters

Spa and leisure facilities at Fujairahs first five-star beach resort, Le Meridien Al Aqah, are preparing for expansion, following three successful years of operation, according to Talar Hagopian, spa manager at the resort. The resort, which first opened in 2003, has set the benchmark for hotel operations in the emirate, and is soon to be joined by Rotana and Japanese hotel group JAL Hotels, which is set to open the Nikko Fujairah in December, as the Fujairah coastline becomes a favourite weekend and day destination for those living in the UAE. As local weekend and day visitor numbers continue to grow year on year, Hagopian is preparing to extend her spa facilities with the opening of more treatment rooms and is now busy promoting the resorts day spa offering. My new challenge is to market our day spa, or what we refer to now as Al Aqah Journeys, to the residents of Dubai and neighbouring emirates. read more.

TCS, Wipro keen to acquire land at Infopark: Kerala CM

Kochi, Aug 5. (PTI): IT majors Tata Consultancy Services and Wipro have evinced interest in acquiring land for setting up campuses at Infopark at nearby Kakkanad, Chief Minister V S Achutanandan said on Friday. The Chief Minister, who visited the Infopark on Friday morning and spent about 20 minutes talking to officials, later told reporters that about 25,000 people would get employment by 2008 when the development of the park would be more or less completed. Infopark would not be a subject of discussion during the talks being held on Friday and Saturday at Thiruvananthapuram with the officials of Dubai Internet City (DIC) in connection with the setting up of the Kochi Smart city project, he said. The Chief Minister said land acquisition proceedings with regard to 136 acres of land for developing Infopark would be speeded up. read more.

Emiratisation of secretarial positions a hurdle for UAE nationals

Emiratisation of secretarial positions is a hurdle that will come between UAE national students and realizing their true potential and success concluded Eng. Yahya Bin Saeed Al Lootah in a meeting with participants in S.S. Lootah Group's UAE national students summer training program in Dubai yesterday. . read more.

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.This topic has surely generated a ton of interest of late. The world wide web contains tons of information on Jobs Opportunities In Dubai topics and all of it is obtainable by merely researching all possible. This is a topic that our web site can support you with. You have certainly been desiring the newest research related to Jobs Opportunities In Dubai. Our opinions on this industry are quite strong. The most excellent scoop will instruct you and help you in growing your expertise level.

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