Business & Money | Tuesday 14 April, 2015 2:37 pm

A Forced CEO Turnover Costs a Large Company $1.8B More in Shareholder Value than a Planned Turnover

CEO turnovers at big public companies are inevitable and rarely easy. But what is the cost?In terms of shareholder value, it’s more than significant. Simply having a CEO turnover reduces median total shareholder return to -3.5% in the year after the turnover takes place, based on the last three...

More Details

Business & Money | Tuesday 14 April, 2015 1:01 pm

IDEX to lead UAE pavilion in the LAAD Defence and Security International Exhibition in Rio de Janeiro

The International Defence Exhibition and Conferences (IDEX) today announced its participation in the LAAD Defence and Security International Exhibition held in Rio de Janeiro, Brazil, taking place from April 14 – 17 2015. IDEX will once again lead the UAE’s participation in the LAAD...

More Details

Business & Money | Tuesday 14 April, 2015 12:59 pm

ADCB announces Apple Watch ‘app’

ADCB one of the first UAE based banks to offer customers Apple Watch ‘app’ Abu Dhabi Commercial Bank (ADCB) has announcedthe launch of the new ‘app’ for Apple Watch, which launches on 24th April, becoming one of the first UAE banks to deliver this innovation to their customers.The new ADCB ...

More Details

Business & Money | Tuesday 14 April, 2015 8:12 am

Dollar Rent A Car to highlight new developments at Arabian Travel Market

Niche car segments, new locations in RAK and Al Ain are some of key announcements Dollar Rent A Car, the fastest growing car rental company in the region recognized for its excellent service and performance, will highlight its “niche car segments” to existing clients and potential partners in...

More Details

Business & Money | Tuesday 14 April, 2015 8:03 am

Drone based solution elevates UAE Company alongside NASA

Revolutionary inventory management solution nominated for the most innovative use of RFID technology during annual conference in San DiegoAge Steel™, a UAE based company that operates multiple steel yards in Dubai, has been selected as one of three finalists for the RFID Journal Award for the...

More Details

Business & Money | Tuesday 14 April, 2015 7:53 am

LOCAL BUSINESS PROUD TO SUPPORT INAUGRAL e7 DAUGHTERS OF THE EMIRATES SUMMIT IN DUBAI

Spectrum Digital Print Solutions was honoured to be a sponsor of the inaugural Promise of a Generation (POAG) - e7 Daughters of the Emirates Summit which took place today at the Sheraton Dubai Creek Hotel. The POAG e7 initiative is a year-long program enabling young women in the UAE to work in...

More Details

Business & Money | Tuesday 14 April, 2015 12:57 am

Turkish Airlines adds its 2nd destination in California

and the 11th in the Americas by inaugurating flights to San Francisco.Demonstrating once again its commitment to linking Istanbul to all of the world's major tourist and business centers, Turkish Airlines today adds San Francisco to its global network, bringing this hub of global...

More Details

Business & Money | Tuesday 14 April, 2015 12:50 am

J.P. MORGAN PRIVATE BANK INVESTMENT BAROMETER REVEALS HIGH NET WORTH INVESTOR SENTIMENT

AND THE BIGGEST THREATS IN 2015• Equities retain the confidence of investors (51%), while the number of investors who believe oil could outperform this year has doubled since 2014• Overall 41% of European High Net Worth investors believe the pace of global growth could exceed expectations,...

More Details

Business & Money | Tuesday 14 April, 2015 12:46 am

More than half of UAE residents use their company bonus to settle debt or pay bills

• 71% of UAE residents will receive a company bonus during 2015• 44% of expats relocated to the UAE to earn more money and a tax-free salary• But only 44% of expats will fulfil their financial goals when they leave the UAEThose lucky enough to receive a company bonus may get excited at the...

More Details

Business & Money | Tuesday 14 April, 2015 12:39 am

Value of announced M&A transactions with Middle Eastern involvement reached US$9.5 billion

• Middle Eastern investment banking fees reached US$182.0 million in Q1 2015• Middle Eastern equity and equity-related issuance totalled US$2.5 billion during the first three months of 2015• Middle Eastern debt issuance reached US$6.5 billion during the first quarter of 2015 Thomson Reuters,...

More Details