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United Bank Limited announces strategic initiatives in the Middle East and network expansion in new territoriesUnited Bank Limited (UBL), 51 percent owned by a consortium of Abu Dhabi Group led by H. H. Shaikh Nahayan Mabarak Al Nahayan, Minister of Higher Education and Scientific Research, Government of UAE, who is also the Chairman of the Bank and Bestway Group of UK headed by Sir Mohammad Anwar Pervez OBE, the Deputy Chairman of the bank, today announced its strategic initiatives in the Middle East and network expansion in new territories. . 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. Kerala CM express hope on Smart City projectAn agreement with Dubai Internet City (DIC) for setting up the controversial 'Smart City' project in Kochi could be finalised within a month, state Chief Minister V S Achuthanandan said. "Both sides are hopeful that an agreement could be possible in a month," Achuthanandan told reporters here after holding talks with the DIC representatives here. Asked whether the project would be on joint venture basis as suggested by the previous UDF government, Achuthanandan said options were open in this regard. "DIC could implement the project on their own," he added. Talks with DIC were similar to the ones the government was holding with other major IT companies, he said, adding many IT majors have shown interest in setting up their arms in Kochi, considering the strategic importance of the city. 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.We are working hard to compile the most substantial details available to you in one well-organized site. The number one news dealing with Recruitment Dubai Abu Dhabi Jobs will advise you and assist you in accelerating your ability level.
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