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Should Dubai Ports World Deal Be Economy Or Security Concerned?
Dubai ports world an Arab company, showed a great deal of interest on November 29, 2005 to acquire The Peninsular and Oriental Steam Navigation Company ("P&O") a British company for £3.3 billion. P&O is one of the top four international port operators with 29 container terminals and operations in 18 countries across the globe, generating 80 percent of the Group’s total profits. With the acquisition of P&O, Dubai ports world would automatically take over operations at six U.S. ports which includes ports in New York, New Jersey, Baltimore, Philadelphia, Miami, and New Orleans.
Due to 9/11 attack, this deal has been so much criticized with a wave of protectionism in minds that it will be an open passage for terrorists to come into U.S., because two of the 9/11 hijackers happened to be homed in United Arab Emirates (UAE), the country in which the company is based. But critics forced to argue the economic discussion on top of security reasoning. Dubai Ports World has been operating in different countries and playing by the rules. It also has a very good business record in other parts of the world. Dubai also is a key ally in the war on terror. The Chief Operating Officer of Dubai Ports World, Edward Bilkey, born in America and its security chief, sought to disperse the approval process myths and the company\'s security record. Edward Bilkey said that "I firmly believe that the security of our country, the United States, is well-served and in fact enhanced on numerous levels by allowing this transaction to go forward." Dubai government has recently announced the purchase of 32 storey building on 280 Park Avenue in midtown manhattan for $1.2 billion. Park Avenue is one of the world\'s most expensive property locations in world 10th most expensive city, New York. This property was bought by Istithmar from Boston Properties and considered to be third New York property deal announced by Istithmar. The current U.S. account deficit hit was $804.9 billion in 2005, and could top $1 trillion a year in 2006. However, it is imperative for U.S. to attract more foreign investments to keep the dollar from falling. Waseem has many online adventures and Apna Dubai is the one. Apna Dubai has a lot of information contained Dubai Ports World, Dubai Tourism, Sight seeing, Attractions, and Golf Destinations.
New design talent in office interiorsThe latest newcomer on the Dubai design circuit is 26-year-old Tanya Gyani. She has arrived from India to take on the role of senior designer for OFIS and head up a turnkey service for office interiors. Keen to get involved in the escalating office industry she is confident that there is a real requirement for this type of service in Dubai. It is important in office design to understand the real needs of the client. Do they sit at computers for eight hours a day? Is their work focused on communication? I can translate these needs into tangible spaces. If space planning and office design caters properly to the client, productivity will increase. Gyani describes her style as being inspired by nature and organic elements. In terms of materials, natural light is an inspiration. I aim to provide soft, comfortable spaces using pastels, light woods, semi-lustrous metals and fluid forms. read more. New design talent in office interiorsThe latest newcomer on the Dubai design circuit is 26-year-old Tanya Gyani. She has arrived from India to take on the role of senior designer for OFIS and head up a turnkey service for office interiors. Keen to get involved in the escalating office industry she is confident that there is a real requirement for this type of service in Dubai. It is important in office design to understand the real needs of the client. Do they sit at computers for eight hours a day? Is their work focused on communication? I can translate these needs into tangible spaces. If space planning and office design caters properly to the client, productivity will increase. Gyani describes her style as being inspired by nature and organic elements. In terms of materials, natural light is an inspiration. I aim to provide soft, comfortable spaces using pastels, light woods, semi-lustrous metals and fluid forms. 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.
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