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LSE heads to confront ‘behavioural issues’

Bloomberg London Stock Exchange Group Plc’s directors should be prepared to confront “behavioural and performance issues” among management, according to a review that absolved its board of blame in the acrimonious departure of former CEO Xavier Rolet. Rolet abruptly left LSE in November amid a battle between the 217-year-old bourse’s board and activist investor TCI Fund Management, which wanted Rolet’s ...

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DIEDC launches initiative to promote Dubai as a global sukuk-listing hub

Dubai / Emirates Business Dubai Islamic Economy Development Centre (DIEDC) on Tuesday announced its collaboration with Nasdaq Dubai to design and implement new initiatives that complement Dubai’s success in emerging as a leading global sukuk-listing hub. The announcement was made at a session to present updates on the Dubai Gold Sukuk Centre initiative to His Highness Sheikh Mohammed bin Rashid ...

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Abu Dhabi hotel guests surge to 4.88mn in 2017

Abu Dhabi / WAM The latest statistics from the Abu Dhabi Statistics Centre (ADSC), showed that the number of hotel establishments in Abu Dhabi, including hotels, resorts and hotel apartments, reached 162 while the number of rooms reached 30,882 at the end of 2017. The numbers of hotel guests in 2017 also surged to 4.88 million, a growth of 10.1 ...

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