Archive for 'business'
Dubai gets $10B from Abu Dhabi to cover debt
Posted on 14. Dec, 2009 by Ali.
I guess there not going under after all DUBAI, United Arab Emirates — Dubai got a $10 billion lifeline from oil-rich Abu Dhabi to save one of its prized companies from imminent default Monday, calming fears for now about the city-state’s shaky finances. Dubai’s main stock market spiked more than 10 percent on the news. [...]
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Is the Dubai debt crisis overblown?
Posted on 30. Nov, 2009 by Ali.
We all have heard of the reports and news about Dubai’s financial disability. It seems that people acted like they did not know about the financial situation of Dubai which was built on debt. I was surprised that analyst did not start reporting about how would Dubai turnout after the world financial crisis as if [...]
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Don’t complain?!
Posted on 06. Jul, 2009 by Musaed.
Have you ever been frustrated in your job or at least know someone who is? you see this person bitching and complaining all the time, always so mad at his job or at his boss because of many reasons. To put all the reasons in one bucket, it all boils down to the employee feeling [...]
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Fitch withdraws Global Investment House's ratings
Posted on 10. Jun, 2009 by Ali.
Fitch Ratings has affirmed and withdrawn Kuwait-based Global Investment House’s Long-term foreign currency Issuer Default Rating (IDR) of ‘D’, Short-term foreign currency IDR of ‘D’, Long-term local currency IDR of ‘D’, Individual Rating of ‘F’, Support Rating of ’5′ and Support Rating Floor of ‘No floor’. At the same time, Fitch has affirmed the Long-term [...]
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Global is to cut 10-20% of its staff
Posted on 07. Feb, 2009 by Ali.
Kuwait’s largest investment company says it has cut about 10 percent of its Kuwait-based staff and reduced salaries by up to 20 percent because of the global financial crisis. An official at Global Investment House says the company recently lowered operational costs to “cope with international market conditions.” He spoke on condition of anonymity in line [...]
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Signor Sassi is coming to Kuwait
Posted on 07. Feb, 2009 by Ali.
Americana Group is to develop the ‘Signor Sassi’ insignia in the region. This restaurant, based in Knightsbridge, is very famous amongst Arabs visiting London and celebrities alike and offers the best in authentic Italian cuisine. The Americana Group is set to develop 22 ‘Signor Sassi’ restaurants across the Middle East. Initial locations will include Kuwait, [...]
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حثالة شركات الاستثمار و العقار
Posted on 29. Jan, 2009 by Ali.
الكل حاس بالازمة العالمية حاليا بعد التفنيشات العقيمة اللتي صابت غلوبل و هي واحدة من (اشهر) شركات الاسثتمار الكويتية. هذه التفنيشات حصلت بعد الهبوط الحاد اللي طال مصادر رزق هذه الشركات التي تبين انها لا تعرف قوعها من بوعها في شي اسمه استثمار. المشكلة انه اللي يطيح في المشكلة المسكين انا و انت اللي موظفين [...]
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يوم في البورصة
Posted on 21. Jan, 2009 by Ali.
وكعادتهم الموظفين والموظفات يوميا ياتون للدوام قبل بدايتة بنص ساعة ليشربوا القهوة قبل إصطفافهم لبدأ العمل ويدور في إحدى الطاولات الحوار التالي زين: أقول يا الأولى شخبارج عقب امس والتفلع اللي ياج الأولى: ويييييي سكتي سكتي يا زين والله إني مابقى إلا ارهن بيتي تعبت مادري شصاير بالدنيا زين: ادري يا بعد عمري بتقولين لي [...]
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Does the World Bank recommend doing business in Kuwait?
Posted on 15. Jan, 2008 by Deera Chat Family.
before you start a new business in Kuwait you have to take a look at the World Bank’s doing business report on Kuwait (thats if you don’t have was6a of course). the site has a cool Google maps embedded in the site showing you the whole world and a snapshot of each country with a [...]