|By Arabian Post Staff| Dubai-headquartered private equity investment group Abraaj announced another investment in India to buy a majority stake in Quality CARE India Ltd, which runs CARE Hospitals from global PE firm Advent International.CARE, which operates a multi-specialty chain of 16 hospitals across nine cities, plans to expand in “underpenetrated” regions of India, as well as enter other markets where Abraaj operates, the Dubai firm said […]
|By Arabian Post Staff| Etihad Airways will replace the leased Jet Airways Boeing 777-300ER aircraft for its daily flight to and from San Francisco with its own Boeing 777-200LRs from April 25, 2016.The daily EY101 flight from Abu Dhabi to New York’s JFK airport and the return EY100 service will also see leased Jet Airways Boeing 777-300ER aircraft replaced by Etihad Airways Boeing 777-300ERs from June 1, […]
|By Arabian Post Staff| The World Gold Council is exploring the creation of a Shariah Standard on Gold, which will provide guidance from the Shariah perspective on the usage of gold in financial and investment transactions for Islamic financial institutions and participants.The Standard also aims to increase transparency and harmonisation regarding the use of gold in various market practices. A draft of the Standard has been prepared […]
RURAL DEVELOPMENT MAY CLINCH 2016 POLL FOR MAMATA
By Ashis Biswas
As the ruling Trinamool Congress (TMC) and opposition parties gear up for the next round of West Bengal Assembly elections, their campaign themes have been established.
The TMC is contesting on a ‘development’ slogan, while the twin pillars of the opposition’s campaign will be ‘lawlessness and economic stagnation’, broadly speaking.
At first sight, the TMC’s claim of having improved the state’s economy may look suspect, if not downright dubious, to most observers. However, initial impressions may be deceptive. After 54 months of its tenure, the ruling TMC has consolidated its position in rural Bengal. Especially in the highly populated South Bengal districts, which account for most of the 294 seats in the Assembly, the TMC is confident of doing better than its op
|By Arabian Post Staff| Dubai headquartered global conglomerate Transworld Group and Yokohama-based Suzue Corporation of Japan announced the formation of a joint venture for exploring business opportunities in logistics in the Indian Sub-continent, Middle East and Japan.A Memorandum of Understanding in this respect was signed by Ramesh S. Ramakrishnan, Chairman and Ritesh S. Ramakrishnan, Director – Strategy and Business Planning of Transworld Group, and Takahiro Suzue – […]
BUREAUCRATS HAVE TO CHANGE THEIR MINDSETS
By Subrata Majumder
Prime Minister Narendra Modi is committed to take India within top 50 in the World Bank‘s Ease of Doing Business in three years from the current rank of 130 out of 189 countries. Morgan Stanley Vice – Chairman Tom Nides reposed confidence in Modi’s leadership in fast-forwarding the economy. Arguing on Make in India, he said that Mr Modi was not for short term decision for instant gratification. Over the decades, Indian bureaucracy became the main tool to formulate the economic policies, no matter whether they were economists, scientists or statisticians or not.
Caught in the ambivalence of personal loyalty to ministers and Prevention of Corruption Act, passing the buck and shying away from decision making were the common practices of Indian bureaucrats. Clogged into huge paper works and multiple
|By Dr Alaa Alghamdi|Dear Mr. Friedman,While I would like nothing better than to thank you for your concern for our youth and our country, as expressed in your Nov. 25 piece in the New York Times, I find I cannot in good conscience do so. You made certain observations during your stay in Riyadh, observations which no doubt may sound fresh and even enlightened to your readership. […]
CONFUSION PREVAILS IN BOTH BJP AND LEFT
By P. Sreekumaran
THIRUVANANTHAPURAM: Will the formation of a political party by the Sree Narayana Dharma Paripalana Yogam (SDNDP), the powerful organization of the dominant Ezhava community, catalyse the emergence of a third front in the State?
Political pundits are sharply divided on the issue. While there is one school which believes that the new party, christened Bharat Dharma Jana Sena (BDJS), will speed up the emergence of the third front, there is another stream of thought which thinks otherwise.
The latter is of the firm view that the Hindus themselves are a divided lot. In support of their argument, they point to the ambivalence of the BJP itself. It is of great significance, they aver, that the BJP and the Hindu Aikya Vedi stayed away from the function which marked the launch of the BDJS.
|By Alaa Alghamdi| The controversy raging in the world media over the Mohammed bin Nayef Centre/ Care Centre for the rehabilitation of jihadi terrorists brings up basic questions regarding justice and the right course of action. It is perhaps not surprising that such polarization has occurred regarding opinions on this (by all accounts, successful) program. To accept its efficacy and its ethics involves nothing less than a […]
|By Arabian Post Staff| Participants at the World Strategy Summit in Abu Dhabi emphasized the importance of establishing an international platform for strategy, leadership, and innovation. This platform would contribute to building governmental and business sector leadership and would be based on a comprehensive vision to understand the nature of future opportunities and challenges. The platform could then be used to create measurable scientifically-based strategies that are […]
|By Arabian Post Staff| Young people in the UAE have revealed what they want for, and from, the future of major events in an international study launched ahead of the Host Cities 2015 summit.It finds young people in Dubai are most confident globally in their city’s readiness to host a major event and will overwhelmingly back a ‘home bid’ – with the FIFA World Cup their first […]
|By Matein Khalid| Saudi Arabia has fascinated me since I first met Hani AZ Yamani as a teenage student all those years ago at Wharton. Hani’s father was Sheikh Ahmed Zaki Yamani, legendary Saudi Oil Minister (1962-86) under Kings Faisal, Khalid and Fahd. Sheikh Yamani managed the 1973 and 1979 oil shocks, survived a terrorist assault in Vienna by Carlos the Jackal, midwifed the birth of Saudi […]
