Flip through the latest issue of Gulf Weekly.
Despite the current global crisis, employee recruitment and retention in the Middle East will continue to pose challenges for both public and private organisations, says a management expert.
Piracy off the coast of Somalia has become a global threat. But last month, Somali pirates struck far from their home when they brazenly hijacked the Saudi supertanker Sirius Star at a distance of almost 450 nautical miles off the coast of Kenya.
The current crisis provides Islamic finance with a rare opportunity to reinvent itself and to appeal not just to the 1.5 billion Muslims in the world but the rest of humanity too, which is suffering as a whole from the collapse of free market capitalism and for whom the pain is likely to intensify next year, as the effects of the financial crisis are fully felt in the real economy in the form of higher costs and fewer jobs.
