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Posted on Sunday, 3 October 2010

Dubai ruler says ‘We are back’ after debt accord
Back where, exactly?



The debt standstill is still fresh in investor's minds, the property market is in the toilet, the tanker fleet is idle and hotels are empty. What exactly is being "back" supposed to mean?

 

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Manchester City announces £121m pre-tax loss
Where is the reality in this?



Without Bhoyrul blowing the horn for this dowdy club there is no reality left. The whole line of locals got duped by that Thai hood Thaksin, who now can't even reside in Dubai.

 

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Gulf’s 50 most influential expats
ENCOURAGE NEW INVESTMENT



UAE ministry should make up their mind that this is not the right time to dictate terms to the investors, its the time to lure them and make them invest in their economy. Better prospectives and relaxed visa regulation can be one of the ways to lure investors , also the there should not be any restriction on the amount of investment brought in, even smal and medium range properties should attract investors attention. This will help in bringing many small and medium terms investors across the region and continents to invest in UAE

 

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UAE optimistic on reaching deal on BlackBerry
Blackberry



Etisalat or DU will definatley NOT be exchanging you BB with an iPhone 4, if you notice, they have mentioned iPhone but not which model... you'll probably end up with an iPhone 3G :(

 

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Dubai ruler says ‘We are back’ after debt accord
Hmmmmm the silence



Do you think for one second that anything other than a positive comment regarding the article would be published. Look at the first three comments.Thats why the silence. More would disagree than agree that Dubai is back

 

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Posted on Saturday, 2 October 2010

Let the games begin
Let the games begin



Go on please send the links for the thousands of reports that say the facilities are the best. As yet I haven't seen one.

 

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Sentiment on Dubai is changing again
One month - two jobs



What shall I say: Last month me and my wife found both new, good jobs after month of difficulties and disappointments. For us this is a real sign of change of Dubai's sentiment. The confidence is back and with both of us having a job soon we will be good consumers of the local economy again.

 

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World Cup 'jamming' traced to Jordan – paper
Jordan responsible for world cup jamming.



so who is responsible for the garbage quality of Premier League Soccer coverage then. The picture ratio is rubbish and when enlarging the picture the quality is even worse. The continuity is a joke with the studio teams cut off in mid sentence and just failing to appear at some intervals. What a rip-off. Blame the Jordanians for this???

 

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Dubai plan for personal trainers to have licences
Personal Trainer license



What kind of license DSC has set forward for this business? What licenses are acceptable for DSC? is there any certifying body in Dubai which is acceptable for them? An ISSA CFT will be sufficient to meet their prerequisite? some one pls advise....

 

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Dubai ruler says ‘We are back’ after debt accord
We are back...



@Simon...i am sure a lot of people have a lot to say...but...donno how...

 

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35% rise in US passengers to Mideast in Q1 2010
US Transit Passengers



I travel between the US and UAE almost monthly. My observation is that Qatar Airways, Etihad and Emirates are attracting US-based South Asians traveling home to visit relatives and vice versa.

 

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All UAE pupils must sing national anthem - Ministry
Uae national anthem



I have been trying , very hard for a long time to find out --the etiquette ,during the playing of the national anthem in schools , is it spelled out anywhere, are we required to stand, & if we are walking do we stand still....or is this not needed, or do we just need to stop talking etc,. & pay attention.

 

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Dubai cancelled half of planned property projects
Cancelled Off Plans



Edited by ArabianBusiness.com
If Dubai is to succeed in gaining back investors trust and in going back to basics, a serious bold regulatory move to resolve the serious issue created in the economy from the off-plan projects is extermly critical

There is a simple question: if investors paid advanced payment to developers, developers definitely borrowed money from banks (who represent a another group of individual investors) to finance their off plan projects, and they never started or completed such projects, then where is all of that cash they raised?.
That is how serious Dubai Government/RERA should take this issue and resolve it because at impact, it will hit the banking system from all sides.

 

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74% of UAE residents do not save regularly
Saving and Expectations Pay Rise



As rightfully sandimdrt wrote: saving is a habit and any one should establish in his mind that he has a debt to payback to his/her saving account. Without such mindset no one will ever be able to save.
My personal experience is for the first 8 years in Dubai is I spent all what I earn, had a loan, overdraft, and a huge credit limit on my credit card... savings was just a dream and I lived for my day. After personal restructuring:

1) I canceled my credit card and I have a new one with a credit limit of 50% of my basic salary (allowances are excluded... as these usually get paid in full for what it is intended for).
2) I established 3 debts I have to pay back. First is give on monthly basis an amount of cash to my wife to save in her own way, second a bank account without an ATM card nor cheque book, and third ensuring all coins are taken back from any transaction and saved in my black box at home on daily basis along with all banks notes less than 100 left in my wallet at the end of the day.

Such strategy paid very well when I lost my job after a huge dispute with my employer at the wrong time (early 2008). All of the above helped me to live for 1 year without any income at a very respectful level without a bank calling me asking for loan/credit card repayment and no cheque bounced back. More importantly I paid the full hospital bill for our 3rd child who came to life in the mid of my personal crises...thanks to Allah.


For those who link their saving plans to a future salary increase...don't do. Reasons being is you can wait for ever in such dynamic economy. Any one future plans shouldn't be based on hedging on future event.. it should consider only what resources you have today and assumes that it will continue in the near future.

The downturn in the economy made many employers believe that they are paying is more than enough to cover the cost of living after considering sharp drop in the prices of main basic needs (which is true for housing only but school fees and foods are still high).

 

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Gulf’s 50 most influential expats
an industrial revolution



simply, it's just the right way to do the right things. leadership is always a major factor of continous improvement ..
Saudi Kayan, this 4-year-old company was found to lead and break the limits of success, production and satisfaction.
I think our presidant is a major factor in what we are living in SK.
five years from now, surely, Saudi Kayan will be away higher than this level.

 

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