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Gulf Navigation Holding signs Dh145m ship dealDubai: 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. 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. Bahrain blaze survivors to sue firmDubai: The survivors of Sunday's 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 India's 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. 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. Bags full of possibilities for job creationJOB 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. Standard Chartered legal chief in move to DubaiStandard Chartered group head of legal David Brimacombe is jetting off to Dubai to take up a new position at the bank, leaving the organisation to search for a successor in London. Brimacombe is moving to the Gulf in the next few months to help drive forward the bank's operations in the region. The bank has not yet made a decision on his replacement in London. Meanwhile,Standard Chartered has hired its first-ever employment specialist. Rebecca Priestley will join the bank's London legal team from Simmons & Simmons in August. She will be looking after employment issues across all of the bank's 56 locations. Brimacombe said: "This is very much a global role. Rebecca will be working with the legal team and the HR team on employment issues across all our offices." The move comes as banks look to beef up their in-house employment capabilities in the wake of increased litigation for unfair dismissal or sexual discrimination. read more.The mindset that reliable research is impossible to track down is unreasonable. Our site has collected material dealing with top Jobs Uae Dubai Abu Dhabi and compiled it together at an easy to use place.
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