Half-measures will not solve the Eurozone crisis, Gulf News

Abu Dhabi: The markets will never be satisfied with any financial deal that Eurozone leaders put together to save the debt-stricken economies of Spain, Greece, Ireland and Portugal because the authorities are not dealing with the real problem these countries simply cannot afford to service their loans, commented a UAE daily. At the end of … Read more

SMD organises Outstanding Guide Programme for 4th consecutive year

Sharjah: The Sharjah Museums Department (SMD), in collaboration with Sharjah’s Youth and Girls Centres, organised an educational programme entitled ‘The Outstanding Guide’ at the Sharjah Museum of Islamic Civilization, aimed at educating young people on how to become effective museum guides in an interesting and engaging manner. The innovative five-day programme aimed to teach young … Read more

Global “war for talent” expected to escalate once economies recover, says ILO ahead of World Population Day

GENEVA: As the world population grows, so does the demand for jobs. Paradoxically, the global skills shortage will grow too, the International Labour Organization has warned. “Some countries face ageing societies, others have burgeoning youth populations, but all need to improve skills development to meet current needs and anticipate future demands,” ILO said in its … Read more

Construction continues on Zagorodny Kvartal’s phase1 following AED120m funding deal with Expobank

DUBIA: Limitless, a member of Dubai World, and Moscow-based RDI have secured an AED120 million, three-year financing deal with Moscow’s Expobank for the continued construction of Zagorodny Kvartal, their mixed-use joint venture project near the Russian capital. The funds will be used for phase one of Zagorodny Kvartal, which broke ground in late 2011, with … Read more

RAK Ruler receives Russian Consul General

WAM Ras al Khaimah: H. H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council member and ruler of Ras al-Khaimah received at Al Dhait Palace today, Gocha Buchidze, the Russian Consul General who called on him on the occasion of beginning of his tenure in the state. Sheikh Saud welcomed and wished him good luck … Read more