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Abu Dhabi-based Al Jaber Group may hire a new CEO as part of a $1 billion restructuring plan, according to sources.
The financial centre welcomed 56 new companies in 2011 and is eyeing companies from emerging markets.
The civic body said that cost-cutting measures were implemented to achieve a budget surplus in 2011.
Abu Dhabi-based investment firm may shed more than half of its staff.
According to jobsite, Bayt.com, the Middle East is teeming with strict bosses who are prepared to fire staff.
The world’s biggest caviar factory in Abu Dhabi is the latest addition to the UAE’s world record list.
Local banks and wealth managers must tap into the onshore wealth of the Middle East’s millionaires.
Course enrolment is on the upswing as the employment market opens up.
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