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Govt to construct over-head bridge in SrinagarSrinagar: Jammu and Kashmir government said it would construct an over head foot-bridge near Government Degree College for Women here at an estimated cost of Rs 35 lakh."The work on the over-head bridge would be completed by October this year," Minister for Roads and Buildings, Gulchain Singh Charak, said while laying foundation for the 70-feet foot bridge last evening.Charak said the upcoming bridge would ease traffic woes near the college and its adjacent areas.He said construction works of four vital bridges in the city was near completion which include Saidakadal, Ashaibagh and Nowpora bridges. The work on Dalgate bridge has been suspended for some time due to some technical reasons.The minister also said the government have embarked on various developmental works to beautify the Srinagar city adding that upgradation and renovation of different roads in the city would be done soon.He expressed confidence that the massive reconstruction programme launched by the government as enshrined in the Common Minimum Programme will bring about socio-economic transformation in the state. read more. 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. Position: Senior Corporate LawyerThis top tier UK law firm has a strong presence throughout the Middle East, which provides a broad range of high profile corporate and commercial work. The firm has been operating in the UAE for over 20 years and services clients within both the Middle East region and internationally. Looking to strengthen their presence in Dubai, a new position has arisen for an additional senior Lawyer to join the busy corporate team. The candidate will need to bring a broad range of corporate transactions experience to the team and must show in-depth technical experience with acquisitions and disposals, takeovers, joint ventures, IPOs, stock exchange, secondary issues and reorganisations. Your experience with high value domestic and international deals will be highly regarded and you will have a keen interest in marketing and fostering long term relationships with key clients. 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. Bahrain Blaze Survivors to Sue Construction FirmBahrain, Aug 5: The survivors of Sundays labour-camp fire in Bahrain, in which 17 Indian workers lost their lives and nine were injured, have decided to file a class action civil suit against their employer, the Royal Tower Construction Company. The survivors have refused to go back to work unless the company improves their living conditions, according to a report in the Gulf Daily News newspaper. The case would be in addition to criminal charges that are expected to be pressed against the company, the report quoted Indias Ambassador to Bahrain Balkrishna Shetty as saying. The workers case could lead to payout of hundreds of thousands of Bahraini dinars by the company to the workers, he said. Investigations are now under way by the public prosecutor to ascertain whether there was criminal intent and charges are expected to be filed in a few days, Shetty told a press conference. read more. Will Saudis Emulate Dubai's Development Bonanza?The grass is always greener on the other side. Saudi visitors and businessmen returning from Dubai seem to come back ever more impressed by the phenomenal growth and development taking place in that UAE emirate. They long for the day when the Kingdom emulates Dubai's apparent success. A major question, however, does Saudi Arabia really want to be another Dubai? Underneath the glitter and the sophisticated marketing and PR, glitches and cracks are beginning to appear in Dubai's so-called miracle development bonanza. It behooves Saudi Arabia to sit back and take note. Societies need to balance their economic development with transformation that takes into account internal social cohesiveness and responsibilities for the wider community. While Dubai has undoubtedly provided its native citizens with the trappings of a comfortable welfare state, a luxury lifestyle and seeming guaranteed employment, the desire and obsession to be the number one in many areas has also created social stress and uncertainty about core family traditions and values. read more. 2 Pinoys die while fleeing from war in LebanonMANILA -- The Philippine Embassy in Lebanon on Thursday confirmed the death of two Overseas Filipino Workers (OFWs) who died after falling from the buildings they had been staying in. Although reports of Ambassador to Lebanon Al Francis Bichara did not identify the two fatalities, ABS-CBN television network came up with the names and they were identified as Michelle Tomogan, 23, and Mary Jane Pangilinan, 24, who died last July 26 and July 28, respectively. . read more.Investing the time demanded to uncover the best Dubai Find In Jobs facts is a sacrifice that will pay off in a large-scale way. 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