INTERNATIONAL. The number of Employee Stock Ownership Plans (ESOPs) companies has grown substantially during the past 10 years, and they are currently estimated to hold more than half a trillion dollars in assets and cover over 10 million workers in the US alone. The main reason for this growth is that ESOPs succeeded in increasing employee loyalty and commitment to an organisation which resulted in improving corporate financial transactions significantly.
According to a recent comprehensive study – which paired 1,100 ESOP companies with 1,100 comparable non-ESOP companies – ESOPs appear
LEBANON. With an investment of US$2.5 million offering the latest Harley-Davidson equipment, the outlet will provide bikers with new opportunities to engage in the sport.
UAE. Having won numerous national and international awards, Katrina has greatly contributed to the Indian film industry and is one of India's most sought-after actresses.
INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.
UAE. Given the recent developments in Saudi Arabia and India, there is now a greater level of hope that the TRA and RIM will reach an agreement about the manner in which BB Messenger services are provided.
UAE. GCC Telecom markets are on the verge of saturation, while prices decline due to increasing competition, resulting in telcos profits being under very high pressure.
INTERNATIONAL. Masood Ahmed, Director of the IMF's Middle East and Central Asia Department, described the flooding as a "human catastrophe that is still evolving." Reconstruction costs expected to run into billions of dollars.
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