Nag Nag Nag ... Dubai Expats (im one of them)

Well.. Every time someone spends a few million dollars on some investment the crowds go wild! What I don't understand is why they go wild?

"$45m on a golf city, what a waste! Save the Dolphins instead!"

"$70m on buying horses for himself, what kind of a person can do that when he knows there are people earning 50 fils an hour and others starving to death in the other end of the earth!"


Stop nagging you nagging naggers. I am willing to bet that you of all people "The Naggers" are going to be one of the first few to try out the Tiger Wood's golf course. Also, I was wondering how many of the naggers actually give to charity.

Contrary to what many people believe, Rich people give the most. So instead of blasting them with hate remarks when they spend some money on something they like. How about some praise when they give more than most of you can ever earn in your entire lifetime.

$70m is quite likely less than 0.1% of his entire wealth. To him, buying 2 horses worth $70m is kinda like buying an LCD screen (which amounts to more than 0.1% of the wealth of an average UAE citizen).. so now tell me, do you think of all the charities, the labour workers, and the humanitarian causes you can contribute to before buying that third TV that you don't need?

I am not a fan of Dubai.. so don't treat me like I'm defending the emirate or the UAE.. I'm just a fan of great business people..If you don't know about business, then please stick to your end of the field.

Al Failaka Islamic Fund awards rival the Nobel Prize awards.

DFSA receives award for innovations in Islamic finance
The Dubai Financial Services Authority (DFSA) is pleased to announce that it has received the Failaka Islamic Fund award for 'Best Contribution of Growth and Development.'

The award was presented to the DFSA by Failaka International at the 2nd Annual Failaka Islamic Funds awards dinner in Dubai, which took place on 2nd April 2007.

This prestigious award recognises the DFSA's contributions to transparency and innovation in Islamic finance.

Failaka International specialises in market research and publication of data for Islamic funds, based the award on DFSA's substantial contributions in enacting a high quality collective investment funds regime during 2006, which selectively incorporates international best practice. The innovative DFSA regime brings a higher degree of transparency to the field of Islamic funds.

Mr. David Knott, Chief Executive of the DFSA, said:


'We are pleased to be recognised for innovations that facilitate the growth of Islamic finance. We will continue to take a leadership role in promoting effective risk-based supervision of the evolving market for Islamic finance, as well as financial services activities more generally. I congratulate our DFSA team members who helped to construct our high quality funds regime.'


After only 1 year of experience and barely any reputation or basis in deriving the winners. The media decided it was right to call a completely meaningless and worthless award " Prestigious".

The Nobel Prize of Economics people better get in touch with those Failaka guys pretty quick, Considering the pace at which it's prestige is moving, it wont be long till they overtake the world's most prestigious economic's award.
Way to go Dubai... one more majorly over-rated achievement.

Tommorow Licence for a better tommorow

The Ras Al Khaimah Department of Economic Development issued yesterday ten new commercial licences locally known as a 'tomorrow licence' that are open only to Emiratis.
The licence allows local nationals to run all types of businesses without the need to rent shops or offices. The holders of the new type of licence will be able to start and run a business from home.

I couldnt stop laughing at the name given to this license "Tommorow license"!! a.ka. "Lasen bacher". Couldn't help but imagine this in my head:

"7assoon: agool 7amood, bkamm hazzi??
7amood: ta3al bachir ya rayyal
7asooon: y'akhi bkamm hayy?
7amoood: ya rayyal , msawyeen tournament winning a7een, ta3al bachir
7asooon: izzen laish fat7ina?
7amoood: ma tshoof il lasen? ism il lasen, lasen Bacher! .. ya3ni ma 2igdar abee3 shayy ilyowm!!.., ta3al it7adani fel winning 11!"

Random thoughts of a Wise Jester

(Britain denied another market rumour yesterday that it had sent troops to free its personnel. "Although it didn't happen this time, people think it could happen," said Christopher Bellew at oil brokers Bache Financial.

US light sweet crude oil rose 2.19 per cent to $64.31 per barrel.)


Why dhell did they call it light sweet crude oil?? Did someone actually taste it??

College Senior Hopes To Turn Love Of Data Entry Into Career

BETHESDA, MD—As she prepares to enter the "dog-eat-dog" business world this summer, computer applications major Lisa Milch, 22, said Monday that she is skeptical she'll be able to parlay her lifelong passion for data entry into gainful employment.


Milch says she "owes it to herself" to follow her data-entry dreams.
"I knew when I chose to work with computers that I'd be facing an uphill battle after graduation," said Milch, a senior at the University of Maryland, as she reordered a list in an Excel spreadsheet. "But when you love numbers and archiving information as much as I do, you have follow your heart and be willing to take a risk, no matter how far-fetched it may be."

Milch said she's always fantasized about working 50 hours a week as a clerk in a medical records department, where the "big-time" information processing and retrieval opportunities are. However, she fears that setting her sights too high could set her up for disappointment in the real world.

"It's definitely a long shot, but I just know I'd regret it for the rest of my life if I didn't even try," Milch said. "It's something I have to do. I owe it to myself."

As early as age 8, Milch displayed an avid interest in quantitative measurement and numeric arrays. A star pupil in her high school business and typing courses, Milch said that a summer principles of information technology class at a nearby DeVry University first sparked her desire for a brilliant career in data entry.

"I know I might be listening to my heart more than my brain here, but something inside me keeps telling me to go for it," Milch said. "I've never wanted to do anything else. I'll take low pay, I'll work under fluorescent light, I'll telecommute if I have to—just let me do what I'm meant to do."

Milch is not alone. Across the country, millions of seniors worry about the difficulties of transferring their personal interests into profitable careers.

Wesleyan University senior Frances Hardwick said she's concerned she won't be able to find employment as a personal assistant even after graduating in the top 10 percent of her class.

"The only thing I've ever wanted is a life of service: taking phone messages, picking up dry cleaning, and getting coffee for the well-off," said Hardwick, who believes she will be in for a "rude awakening" once she is out on her own. "I'm not looking to get rich. All I need is just barely enough money to pay rent."

While these idealists continue to send out resumés and cold call dozens of potential employers, their futures remain uncertain, leaving each of them with the same question: Will the world find a place for my inner callings, or will it crush my deepest dreams?

And for Milch, the waiting game is almost too much to bear.

"Some days, I want to give up on data entry completely," she said. "I sit around wishing I'd win the lottery so I could just take one temp job after another forever."


My Comments:

This reminds me of the song titles "Sweet Dreams" the part that goes, "some of them want to use you, some of them want to be used by you" . I finally understand what that second part is reffering to.

What's your point dude?

"LOS ANGELES—During a Keep A Child Alive charity auction last Friday, U2 frontman Bono paid $575,000 for a guitar signed by the Irish recording artist, outbidding his nearest competitor by nearly $500,000.

"Not only does this allow me to donate to a cause in which I very deeply believe, but I now own a unique and valuable piece of rock and roll history," said the singer, who also placed the winning bid on a "once-in-a-lifetime" lunch with Bono at $1 million.

Bono reportedly listed the autographed guitar on eBay the next day to raise money for Amnesty International, and within 20 minutes, had placed the highest bid at $750,000."

Keeping the Dream Alive!!

BRECKSVILLE, OH—Citing his ability to score over 100 points when he is "not even trying all that hard," Bernie Grout, 34, announced yesterday his dream of becoming a professional bowler when he grows up. "Ever since I was 27 and I got my first turkey, I fantasized about eventually pursuing this as a career," said Grout, adding that his love of bowling started when he and his father used to go to the OK Alley to "throw the ol' [bowling] ball around" when he was 26. "Just imagine what I could do if I had my own ball and one of those gloves." Grout plans on patiently working hard over the course of the next decade to lose some muscle mass, grow a solid moustache, and give up on all of other dreams, so he can one day "compete on the professional level."

With so many years ahead of him, I suggest you watch out for this guy, the bowling world is in for a treat :P