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Relentless austerity will only deepen woes

We have reached a point where the policies adopted to resolve the eurozone debt crisis are causing more damage than whatever may have caused the problems in the first place. This is painfully obvious in Greece and increasingly so in Spain.

The troika of the International Monetary Fund, European Commission and European Central Bank is now demanding


To regulate high-speed traders,SEC turns to one of them

As billions of shares course through the stock market each day, investors rely on the government to keep up with Wall Street’s rapid-fire traders.

But in an acknowledgment that the Securities and Exchange Commission has fallen behind the traders it regulates, the agency is turning to one of those high-frequency trading firms for help.

Tradeworx, a


Return to work interviews

Having now been back in the Emirates for the past week, I have had meetings with a number of Human Resource and Occupational Health directors from organisations both large and medium-sized, in Dubai, Sharjah and Abu Dhabi. Some are offering an excellent HR service to their employees but I was surprised that none of them were including a ‘return t


The assault continues

The assault continues. At least that is how banks see it — and understandably so.

Last week’s EU-commissioned Liikanen review into the structure of Europe’s banks piled another 153 pages of regulatory reform proposals on top of everything that has come before — Basel III, CRD4, Vickers, Volcker, Dodd-Frank.

Five years after the financial crisis


Gulf-based airlines extend global reach

Dubai: Despite facing opposition from several countries time and again, Gulf carriers have proved they are unstoppable.

Etihad Airways signed its 40th codeshare deal on Monday – with Air France-KLM, extending the Abu Dhabi-based carrier’s network to 321 destinations.

The first phase of the partnership will begin on October 28,


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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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