Yahoo! names Thompson as chief executive

Posted January 5, 2012 by arnx in Blog, Blogs | No comments yet

San Francisco: Yahoo!, the largest US web portal, appointed Scott Thompson chief executive, replacing Carol Bartz who was fired in September after failing to drive a turnaround amid competition from Google and Facebook.

Thompson was most recently president of PayPal, the unit of EBay, Sunnyvale, California-based Yahoo said yesterday in a statement.

The new CEO will need to boost visitors to Yahoo’s sites and attract more advertisers while dealing with larger strategic decisions. Yahoo, with its share of the internet-ad market declining, has been exploring options including divestitures after firing Bartz.

As San Jose, California-based PayPal’s president, Thompson helped increase the payment service’s users to more than 100 million, helping it close in on a goal of revenue as high as $7 billion (Dh25.70 billion) by 2013, compared with $3.4 billion in 2010.

Thompson may play a role in extracting value from Yahoo’s international assets. Aside from its main internet portal business, Yahoo has stakes in Asian companies that some investors, including Third Point, have said are undervalued. Yahoo holds about 40 per cent of Alibaba Group Holding, China’s biggest e-commerce company. Yahoo estimated the stake was worth about $14 billion on a pre-tax basis in October. Yahoo, founded in 1994 by Jerry Yang and David Filo, rose 1 per cent to $16.29 on Tuesday. The stock lost 3 per cent last year.

In her less than three years as CEO, Bartz reduced costs with job cuts and formed a search partnership with Microsoft. Still, Yahoo failed to make much headway in the US advertising and search markets.

During the second quarter, Bartz’s last full three-month period as CEO, Yahoo reported revenue that fell short of estimates as her overhaul of the US sales force made it harder to close deals and slowed growth in display advertising.

Hot deals to attract more tourists this DSF

Posted January 5, 2012 by arnx in Blog, Blogs | No comments yet

Dubai: As the 17th Dubai Shopping Festival gets under way, hotels are enticing tourists with attractive promotions and discount rates.

While Hotel Pullman Dubai, Mall of the Emirates, is offering a Shopping Getaway package, the InterContinental Dubai Festival City, Crowne Plaza Dubai Festival City, Arabian Courtyard and Spa, Al Manzil Hotel Old Town, and Qamardeen Hotel have come up with special room rates.

Burkhard Wolter, general manager of the Kempinski Hotels and Residences, Palm Jumeirah, says he expects no less than 300 occupied rooms per night during the shopping festival, referring to the hotel’s Stay 4 Pay 3 offer to all GCC residents.

Last DSF, the occupancy at city hotels rose to 100 per cent. This has led experts from Dubai’s hospitality industry to predict yet another huge boost to occupancy figures this year.

Ebrahim Saleh, Coordinator General and Deputy CEO for Dubai Events and Promotions Establishment, says, “In the past three or four years, the DSF has attracted on an average three million visitors and registered total spending in excess of Dh10 billion every year. DSF has become a magnet for tourists as it offers value for money deals in every sphere of activity, whether it is retail, hotel or tourism.”

“We predict this will be quite a busy period again for us, as the Dubai Shopping Festival has always attracted tourists from all over the globe. As DSF coincides with the GCC school holiday period, we expect occupancy rates of 80 per cent in Dubai,” says Leonard Theng, director of sales and marketing, Hotel Pullman Dubai, Mall of the Emirates.

Abdo Kayali, complex director of sales and marketing, Southern Sun Al Manzil and Southern Sun Qamardeen Hotels, says, “We have scheduled a free shuttle bus service every hour to take shoppers to the Dubai Mall, Ibn Battuta Mall and Mall of the Emirates.”

It’s not just the malls. Travel agents and airlines too have jumped on board the DSF boat. Dubai Link Tours is offering discounted room packages for tourists at select hotels. Emirates Holidays has also unveiled their special packages for tourists.

Arabtec wins Dh561m expansion contract

Posted January 5, 2012 by arnx in Blog, Blogs | No comments yet

Dubai: Arabtec Construction has secured a Dh561 million contract from Dubai Aviation City Corporation (DACC) to carry out expansion related work at Dubai International Airport, the construction arm of Arabtec Holding — the UAE’s largest construction company — said yesterday in a statement posted on the Dubai Financial Market (DFM) website.

The project, spanning 25 months, will include structural work; mechanical, engineering and plumbing (MEP); special airport systems; finishes; and site work for DIA’s Terminal 2 expansion, according to the statement.

Track record

“This project demonstrates Arabtec’s track record in carrying out infrastructure works for airports,” Greg Christofides, chief executive of Arabtac Construction, said in the statement, adding that this is the 12th project awarded to the company relating to civil aviation work.

“Projects completed at Dubai airport and Dubai World Central included passenger terminals, control towers, energy centres, maintenance hangars, cargo buildings and fuel shortage and distribution,” Christofides said.

Arabtec Holding’s shares rose to a two-week intraday high following the news, but fell later in the session to close at Dh1.62, down 1.82 per cent.

The construction sector in the Middle East and North Africa (Mena) will continue to be supported by government spending in Saudi Arabia, Qatar and Abu Dhabi in 2012, according to the latest report by Fitch Ratings.

The growth would be on the back of these markets having “undertaken massive infrastructure spending plans” backed by government and government-related entities.

The Dubai construction market, however, is projected to remain “fragile” in the medium term, according to the Fitch report.

“In Saudi Arabia and Qatar, infrastructure spending continues to be strong but with lower margins. During the construction boom, Mena region contractor margins have remained higher than international peers,” Bashar Al Natoor, Director in Fitch’s EMEA Corporates team in Dubai, said in the note. He added that with the recently increasing competition, however, “contractors have started to go for lower margins”, and that Fitch expects this to remain the case over the next few years.

Arabtec has been hit hard by a severe downturn in Dubai’s property market where prices have slumped by about 50 per cent since late 2008. The company has recently started looking at new markets such as Saudi Arabia, Pakistan and Egypt.

Longest fireworks by distance on show tonight

Posted January 5, 2012 by arnx in Blog, Blogs | No comments yet

Pyrotechnics extravaganza will kick off at 8:30pm along six kilometres on the Dubai Creek

China, India target EU airline carbon tax

Posted January 5, 2012 by arnx in Blog, Blogs | No comments yet

Brussels: The European Union faced increased pressure to scale down its plan to impose carbon curbs on airlines after China’s carriers said they won’t comply with the rules and India signalled it may attempt to scupper the EU plan.

Europe should either scrap or delay its initiative to include flights to and from the region’s airports in its emissions trading system as of this year, according to the China Air Transport Association, or Cata.

Expansion plans

India may ask airlines to withhold emissions data, a Civil Aviation Ministry official said, a move that would undermine the first expansion of the EU carbon programme beyond its borders.

“What we need to do now is co-operate together and pressure them to scrap this,” Chai Haibo, vice-secretary-general of Beijing-based Cata, said in a phone interview. Members of the association include Air China, China Southern Airlines and China Eastern Airlines.

The warnings by China and India follow a declaration adopted in November by the United Nations International Civil Aviation Organisation (ICAO) calling on the EU to exempt international aircraft operators from its curbs on carbon. The non-binding ICAO statement was supported by 26 countries, including the US, Russia and Japan, who said that the expansion of the EU programme was inconsistent with international law.

EU law envisages penalties in case an operator doesn’t comply with the rules and foresees the possibility of imposing an operating ban on an airline if it persistently fails to meet its legal obligations, said Isaac Valero-Ladron, climate spokesman for the commission.

“We hope, however, that this very last resort will never need to be applied,” he said yesterday by e-mail.

“Europe’s actions are unilateral,” Chai said. “Measures to tackle emission control should be decided as an industry globally, and not just by one party alone. It’s not right for one party to insist on charges.”

The Indian government hasn’t yet decided whether to proceed with the plan because of concerns about the possible impact on transportation, said the Civil Aviation Ministry official, who declined to be identified because the discussions are private. Carriers aren’t required to provide environmental information under the bilateral pacts with EU members that govern India- Europe flight rights, he said.

P.K. Mohanty, a spokesman at the Civil Aviation Ministry, declined to comment. Only three Indian carriers, Air India, Jet Airways (India) and Kingfisher Airlines fly to Europe.

Verdict

The EU Court of Justice on December 21 ruled that international airlines must comply with the EU carbon limits in a lawsuit filed by United Continental Holdings, AMR’s American Airlines and the Air Transport Association of America.

The ruling followed a bill passed by the House of Representatives in November prohibiting US airlines from participating in the ETS after the industry estimated that it would cost US airlines $3.1 billion from 2012 to 2020. The measure needs backing by the Senate and President Barack Obama to become law.

BloombergStarted in 2005, the European emissions trading system, known also as the EU ETS, imposes pollution quotas on more than 11,000 utilities and manufacturers. Emitters that produce less carbon dioxide than their quota can sell surplus allowances, and those exceeding their limits must buy additional permits or pay a fine of €100 per tonne of emissions.

The European Commission, the 27-nation bloc’s regulatory arm, has repeatedly said that while its preferred choice is a worldwide solution to cut greenhouse gases from aviation, it won’t give up the expansion of the ETS to cover airlines.

Jobs with Qatar Petroleum – January 2012

Posted January 5, 2012 by arnx in Administration, Blog, Blogs, Engineering, Finance/Accounting/Banking, IT/Computer Programming, Job Openings, Medical, Sales, Secretarial/Office Jobs | No comments yet

Qatar Petroleum is responsible for all oil and gas industry processes in Qatar and abroad, including exploration and drilling for oil, natural gas and other hydrocarbon substances, production, refining, transport and storage of the aforementioned substances and any of their derivatives and by-products, as well as trading in, distribution, sale and export of these substances. They have various job vacancies , to apply check this site. Some of the vacancies are listed below:

Senior Compensation, Policies, Performance Management & Job Evaluation Supervisor
Senior Immigration & General Services Supervisor
Senior Recruitment & Manpower Planning Supervisor
System Engineer
Network Engineer
Senior Technical Support Engineer
Business Analyst
Database Engineer
Senior IT Technician
IT Technician
Manager Human Resources
Senior Career Development & Training Supervisor
Immigration & General Services Supervisor
Admin Assistant (Immigration & GS)
Messenger / Driver
Senior Personal Assistant
Admin Assistant
Planning Manager
Senior Planning Engineer
Planning Engineer

Technical Assistant (Planning)
Cost Engineer
Lead Document Controller
Senior Cost Assistant (Accounts)
Senior Cost Assistant (Budget)
Project Reporting Coordinator
Document Controller
Senior Cost / Planning Engineer
Senior Cost Assistant ( Invoices)
Quantity Surveyor
Lead Contracts Engineer
Senior Contracts Engineer
Senior Quantity Surveyor
Government and Public Relations Manager
Proposals & Marketing Manager
Senior Project Manager
Project Manager
Senior Design Manager
Design Manager
Architectural Engineer

To apply, visit : http://www.qp.com.qa/en/Homepage/Careers/Vacancies.aspx

ARM Full Respray Special

Posted December 12, 2011 by ARM in Blog | No comments yet

AR Motors is using only OEM approved paint material and paint accessories. All paint technicians underwent a thorough training from the paint manufacturer on the latest paint technologies and paint work processes.
AR Motors body shop is equipped with the latest technology and trained paint technicians ensuring high quality paint work

Same Color : 8,000 AED
Change Color : 13,000 AED

Please visit us www.armotors.ae for more info

Porsche Extended Warranty

Posted December 12, 2011 by ARM in Blog | No comments yet

We are offering extended warranty for Porsche cars. This warranty provides you with “ease of mind” in case your car is already out of the main dealer network.

For more details, call 971 04 8841470 today or visit our website www.armotors.ae

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Posted November 12, 2011 by neha in Blog | No comments yet

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2009 Ford Escape Limited

Posted October 22, 2011 by alexandre in Blog | No comments yet

2009 Ford Escape Limited
About This Vehicle
Listing: Used Vehicle
Mileage: 20,695 K/M
Body Style: SUV
Exterior Color: Black
Interior Color: TAN
Engine: 2.5L
Transmission: continuously variable automatic
Drivetrain: 4X4
Doors: 4.Email:alex_andre1@hotmail.com