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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. MOVES-Deutsche Bank, Gartmore, MerrillHONG KONG/LONDON/NEW YORK, Aug 2 (Reuters) - The following financial services industry appointments and moves were announced on Wednesday. To tell us of other job changes, please email: moves read more. Zimbabwe: Cheetahs Get IRB Sevens InvitationZIMBABWE sevens rugby has received a major boost with an invitation to the Dubai and George IRB Sevens in December. Zimbabwe's Zambezi Cheetahs last played in Dubai in 2003, and although they played in George last year, Dubai is their first major tournament in three years. Zimbabwe earns their invitation on their spirited showing at George last year, the European tour and the Mosi and Tusker tournaments this year. "That's what we have been working hard for since 2003," Bruce Hobson, the national sevens manager, said. "It is the full benefit of all the work that we have put in. Our potential is increasing all the time." Hobson, who has also been helping out with the national fifteens side's preparations for the Madagascar tie, said the Sables will benefit as well from the sevens commitments. read more. Bring back ex-Margao SDMNoel Pinto, Dubai-UAEIt is disgusting to note the treatment given to former SDM of Margao, Mr. Suresh Pilarnekar. The situation in which he is in today is the result of his good work towards the society. How on earth he is deserved such an awful treatment from the government after keeping on check several gambling activities by himself? In fact, he should have been awarded with medal or at least his work should have been appreciated. If he had to cooperate with the gamblers, police and politicians, would he be happy? Definitely yes, he would be happy but not get the satisfaction. He would have made lots of money for himself, but he chose not to do it as he is a man of honour, believe in honesty and the good work for the society. Well, rather than punishing those who are guilty in his attempt to curb the menace of gambling, he paid the price in the form of a transfer to Sanguem as a Forest Settlement Officer. If such things continue, it means government is encouraging the gambling activities, corruption and anti-social elements in our society. Without the intervention of Chief Minister – Mr. 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. 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. Work at Romanian zoo takes one step forward, two backEditor's note: John Wright, general curator for Hattiesburg Zoo, is using his two-week summer vacation to travel to Buhusi, Romania, as part of "The Lions Roar" project, started by American storyteller Laura Simms, which is lending aid and technical support to the Buhusi Zoo. He also spent time in Buhusi last year. . read more.Our interest for the idea of It Jobs In Dubai has developed throughout time. If you unconditionally want to uncover more about this subject matter, then you must be calm and set aside the time needed to unearth the top websites to aggregate your info.
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