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OSAKA, Japan - Friday, October 28th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Takeda Pharmaceutical Company Limited (TOKYO:4502):

Strong first half results led by Growth Drivers

• Underlying Revenue grew +7.4%, led by a +15.3% increase of Takeda's Growth Drivers
  (GI, Oncology, CNS and Emerging Markets). Reported revenue declined -5.9%, due to unfavorable currencies (-8.6pt) and the impact of divestitures (-4.7pt).
• Underlying Core Earnings advanced +12.7% with the Core Earnings margin increasing by 0.7pt. Despite unfavorable currencies and the negative impact of divestitures, reported operating profit was up +46.7% benefiting from strong underlying growth and a one-time gain on the Teva JV transaction.
• Underlying Core EPS was up +49.3%, reflecting ... Read more »

Second Annual Cybersecurity Event Unveils Keynote Roster

ABU DHABI, United Arab Emirates - Friday, October 28th 2016 [ME NewsWire]

(BUSINESS WIRE)-- RSA® Conference, the world’s leading information security conference and exposition, has announced that it will host a group of diverse cyber security experts and influential speakers in Abu Dhabi. This year’s keynote speakers will share crucial insights and in-depth knowledge on a variety of sector critical topics including enterprise malware, changing security perspectives, and the future of the threat landscape. RSA Conference 2016 Abu Dhabi takes place from November 15-16, 2016 at Emirates Palace Hotel, Abu Dhabi.

Exciting additions to the keynote speaker lineup for this year include former two-time Formula One World Champion, Mika Hakkinen and motor racing corporate titan turned motivational speaker, Mark Gallagher. Both are set to close out the conference with “Risk Management in F1 - ... Read more »

LONDON - Friday, October 28th 2016 [ME NewsWire]

(BUSINESS WIRE)-- The following is a statement from The Ras Al Khaimah Investment Authority (RAKIA), the investment arm of the UAE Emirate of Ras Al Khaimah:

The Ras Al Khaimah Investment Authority (RAKIA), the investment arm of the UAE Emirate of Ras Al Khaimah, has filed a lawsuit against US-Iranian Farhad Azima in the London High Court.

The case brought by the RAKIA centres around two separate claims of misconduct. The first claims centres on the sale of the Sheraton Metechi Palace Hotel in Tbilisi from RAKIA Georgia to Eurasia Hotel Holdings Ltd, a company beneficially owned by Mr Houshang Hosseinpour. RAKIA alleges that Mr Azima took a ‘secret commission’, that went way beyond the agreed 5% commission of the sale price of the Hotel and in fact led to him receiving a 10% interest in the Hotel worth $6.25 million.

Other allegations made by RAKIA suggests Mr Azima paid, the then CEO of RAK ... Read more »