by Dixie Embleton The SSH-designed, USD 775 million, Sheikh Jaber Al Ahmad Cultural Centre (SJAAC) opened with a performance by legendary tenor singer Andrea Boccelli. The opening ceremony also featured three of the most famous singers in the Middle East, Abdullah Al Rouwaished, Nabil Shoeil and Nawal, in addition to a number of Kuwaiti performances…
Swiss International Scientific School Dubai Invites Students to Celebrate National Day
by Dixie Embleton On 29 November, Swiss International Scientific School Dubai (SISD), Dubai’s first multilingual school, hosted a series of events and activities in celebration of the UAE’s 45th National Day in its new sports facilities. With camel rides and woven bag making, there were multiple interactive stations for the children to enjoy. SISD also…
The Power of C: Connect. Collaborate. Create
The Accenture Digital Connected Hackathon was held internationally in collaboration with Expo 2020 Dubai, and in the UAE in partnership with Etisalat Digital. The event took place in Dubai and seven other cities in Europe and the Middle East simultaneously: Rome, London, Madrid, Amsterdam, Dortmund, Prague, Istanbul and Dubai. This international collaboration between Accenture Digital,…
Qatar leaders extend condolences after Fidel Castro dies
Qatar leaders extend condolences after Fidel Castro dies November 27, 2016 by inbusiness QNA Former Cuban President Fidel Castro Qatar’s Emir, Deputy Emir and Prime Minister have sent cables of condolences to the Cuban president following the death of his brother, former head Fidel Castro. Castro ruled Cuba for nearly 50 years until his brother took over…
The MINI Countryman hybrid is the funkiest SUV you can buy — here’s what it’s like to drive
by inbusiness Business Insider/Danielle Muoio One thing is perfectly clear with the MINI Countryman: this is not an ordinary SUV. It has bug-eye headlights and way too many embellishments for a traditional ride in New Jersey’s suburbs. But you don’t buy the Countryman for a normal SUV experience, you purchase it to have some fun….
S&P Global (SPGI) Q3 Earnings & Revenues Beat Estimates
S&P Global, Inc. SPGI reported third-quarter 2016 adjusted earnings per share of $1.43, which surged 17% from the year-ago quarter and beat the Zacks Consensus Estimate of $1.35. Revenues advanced 9% to $1,439 million, beating the Zacks Consensus Estimate of $1,416 million. Top-line growth was primarily supported by strong performances across S&P G lobal Ratings…
The Italian Trade Agency – ICE holds the fourth leg of the “Invest in Italy” 2016 roadshow in Dubai and launches the Dubai Foreign Direct Investments Desk
The Italian Trade Agency – ICE holds the fourth leg of the “Invest in Italy” 2016 roadshow in Dubai and launches the Dubai Foreign Direct Investments Desk As of today there are 66 Emirati companies in Italy with 17,000 employees and 3.5 billion Euro of turnover. The first Investment Attraction Desk in the UAE was…
Swiss International Scientific School in Dubai aims to educate the ‘leaders of tomorrow’ as it leads the way in student and teacher diversity
by Dixie Embleton Dubai’s first multilingual school 57 different nationalities of pupils 32 different nationalities of teachers and staff 46 languages spoken by staff and pupils combined 67,845sqmcampus is the Middle East’s first low-energy consumption school The Swiss International Scientific Schoolin Dubai (SISD) has a bold aim to teach the game changers and influential leaders…
Vulcan Materials (VMC) Misses on Earnings & Revenues in Q3
Vulcan Materials Company’s VMC third-quarter 2016 adjusted earnings of $1.01 per share missed the Zacks Consensus Estimate of $1.12 by 9.8%. However, the bottom line increased 9.8% from the prior-year quarter on the back of robust margins.Total revenue of $1,008 million also missed the Zacks Consensus Estimate of $1,109 million by 9.1%. Sales also decreased…
Here are eMarketer’s definitive guides to the future of digital media
BII The future of media is rapidly evolving right before our very eyes. Digital is taking over the world, and the generational shift is in full swing as millennials and Generation X age up and smartphones, computers, and tablets become their primary tools for media…
Wynn Resorts (WYNN) Q3 Earnings, Revenues Lag; Stock Hit
Shares of Wynn Resorts Ltd. WYNN declined over 6% in afterhours trading on Nov 2, after the company reported lower-than-expected third-quarter 2016 results. Both earnings and revenues lagged the Zacks Consensus Estimate. Earnings and Revenue Discussion Adjusted earnings of 75 cents per share missed the Zacks Consensus Estimate of 79 cents by 5.1%. Further, earnings…
Jones Lang LaSalle (JLL) Q3 Earnings Lag, Fall Y/Y; Sales Up
Jones Lang LaSalle Inc. JLL which shortened its name to “JLL,” reported third-quarter 2016 adjusted earnings of $1.42 per share, missing the Zacks Consensus Estimate of $2. Adjusted earnings for third-quarter 2015 were $2.56 per share. For the quarter, revenues came in at around $1.71 billion, surpassing the Zacks Consensus Estimate of $1.54 billion and…
Fitbit (FIT) Q3 Earnings Beat, Revenues Match Estimates
Fitbit, Inc. FIT reported third-quarter 2016 adjusted earnings (excluding all one-time items but including stock-based compensation) of 13 cents per share, which surpassed the Zacks Consensus Estimate of 11 cents. However, the fourth quarter guidance was lower than analysts’ expectations, which sent shares down 1.9%. In the quarter, 60% of the activations came from new…
Host Hotels (HST) Q3 FFO Beats, Rate & Occupancy Improve
Host Hotels & Resorts, Inc.’s HST came out with third-quarter 2016 adjusted funds from operations (“FFO”) of 37 cents per share, beating the Zacks Consensus Estimate of 36 cents. Adjusted FFO per share figure was up 8.8% from the year-ago tally of 34 cents.Results reflect growth in comparable hotel revenue per available room (“RevPAR”) and…
j2 Global (JCOM) Q3 Earnings Beat Estimates; Dividend Up
Los Angeles, CA-based j2 Global, Inc.’s JCOM third-quarter 2016 earnings (on an adjusted basis) of $1.19 per share (including stock-based compensation expenses) beat the Zacks Consensus Estimate by a penny. Also, earnings increased around 16.67% on a year-over-year basis. Quarterly revenues came in at $210.1 million, up 17.6% year over year. The top line, however,…
Tenneco’s (TEN) Q3 Earnings Beat Estimates, Revenues Lag
Tenneco Inc. TEN reported adjusted earnings per share of $1.53 in the third quarter of 2016 that outpaced the Zacks Consensus Estimate of $1.49. Moreover, earnings per share increased 25.4% from $1.22 recorded in the third quarter of 2015. Also, adjusted net income went up 17.8% to $86 million from $73 million a year ago. On…
Tesoro Corporation (TSO) Q3 Earnings Beat; Revenues Miss
Independent refiner, Tesoro Corporation TSO reported third-quarter 2016 adjusted earnings from continuing operations of $1.43 per share, which surpassed the Zacks Consensus Estimate of $1.42. Significant contribution from the logistics segment supported the results. The bottom line, however, deteriorated from the year-ago quarter figure of $6.48 per share due to lower income from the refining…
Cummins (CMI) Beats Q3 Earnings Estimates, Revises View
Cummins Inc.’s CMI adjusted earnings per share decreased 5.6% to $2.02 in the third quarter of 2016 from $2.14 earned in the year-ago quarter. The bottom line, however, surpassed the Zacks Consensus Estimate of $1.93. Including the impact of one-time items, net income fell to $289 million from $380 million in the third quarter of…
Diamond Offshore’s (DO) Q3 Earnings Beat, Revenues Miss
Diamond Offshore Drilling Inc. DO reported third-quarter 2016 adjusted earnings of 10 cents per share that comfortably surpassed the Zacks Consensus Estimate of 7 cents. The bottom line, however, decreased from the year-earlier earnings of $1.01 per share. Total revenue in the quarter of $349.2 million decreased from the year-ago figure of $388.7 million and…
Loews (L) Q3 Earnings Beat Estimates, Revenues Rise Y/Y
Loews Corporation L reported third-quarter 2016 operating earnings of 89 cents per share, which beat the Zacks Consensus Estimate of 69 cents. Earnings surged 53% year over year. The quarter witnessed better performance at CNA Financial CNA and improved results from the parent company investment portfolio. However, lower earnings at Diamond Offshore DO and Boardwalk…