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Other executives at LinkedIn, some at business analytics company Tableau Software, and a number of the companies' venture capital backers also took losses running into tens of millions of dollars as both stocks tumbled on dismal financial outlooks.
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With the intention of reinvigorating the regional retail sector, Pavers England has committed to a $50 million investment across the GCC, illustrating its confidence in the market and the positivity and resourcefulness that is intrinsic to its success.
Gains hit Dh1.66b; The Dubai Mall pitches in big with 80m visitors in '15
Total revenues reached to Dh451 million in 2015 compared to Dh936.7 million in 2014. The total revenue comprised of Dh393.7 million of operational revenues and Dh57.3 million of investment revenues and others.
Americana, as the company is known and which owns the Middle East franchises for popular fast food chains KFC and Pizza Hut as well as producing a range of branded consumer foods for markets throughout the region, has a total market value of around $2.52 billion, according to Thomson Reuters data.
The long-term investment for the new headquarters will serve as a platform to drive the UAE's digitisation agenda and build upon Dubai's knowledge economy, as well as support the emirate's vision to become an innovation-led economy and a smart city.
From innovation to saving lives, these people have gone the extra mile
Dubai offices will also be closed
The British bank has been reviewing its business globally after the appointment of Jes Staley as chief executive in December.
The global survey of more than 3,700 IT security practitioners from more than a dozen major industry sectors, found that 54 per cent of those surveyed said that their companies had a data breach involving payment data an average of four times in past two years.