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Politically contentious free-trade talks between the United States and the oil-rich United Arab Emirates are on hold and no date has been set for their resumption.
Organisation for Economic Cooperation and DevelopmentTrade unions from across the world met at the headquarters of the Organisation for Economic Cooperation and Development in Paris on Friday in a show of unity to call for a clampdown on "cold-blooded" investment funds which they see as a serious and growing threat to companies and jobs.
The American Federation of Labor and Congress of Industrial Organization (AFL-CIO) headquarters The American Federation of Labor and Congress of Industrial Organization (AFL-CIO) headquarters on Lafayette Square in Washington,DC. Damon Silvers, of the AFL-CIO, said in Paris that such private equity investors "cut jobs and stop investment in the productive capacity of the company and that has long-term negative consequences for the people." Calls for tougher regulation of such funds, a trillion-
The conference was attended by leading figures from Qatar’s business community, as well as government ministers and officials.
File picture from November, 2006 shows Nikesh Aurora, (L) Google European Vice-President, with Richard Lambert, Confederation of British Industry Director General, in LondonFile picture from November, 2006 shows Nikesh Aurora, (L) Google European Vice-President, with Richard Lambert, Confederation of British Industry (CBI) Director General, at a photocall in London, to launch a report on how the internet is changing business practice. A London investment agency opened shop in San Francisco on Tu
The Hynix Semiconductor headquarters in SeoulThe Hynix Semiconductor headquarters in Seoul. Hynix says it has signed a deal to purchase land in Cheongju, an apparent move to build a multi-billion-dollar plant in South Korea's central city.
SHUAA Capital has upped its stake in Amwal, the leading investment banking firm in Qatar, to 47%, making it the largest single shareholder.
Emirates Investment and Development PSC (Emivest) has received a tremendous response from national job seekers during Careers UAE 2007 Exhibition.
The deal represents the most significant cross-border Islamic transaction to date, integrating two hubs of the Islamic market.
Deals include the joint agreement between Dubai World and Dubai Islamic Bank and Wipro to form a specialized information technology solutions company.
A top-level body of financial experts set up to monitor issues of global market stability, warned this week investors' appetite for risk is declining, and said the shift could bring new market turbulence.