If approved by the Senate, Robert F. Kennedy will take over the Health and Human Services Department, an institution with a budget of close to $2 trillion
americas1 hour ago
Sanjay Manchanda, CEO of Dubai-based master developer Nakheel, believes that CFOs in the region need to be more daring, agile, and courageous in the face of uncertainty and change.
Speaking to over 120 CFOs from the region on the second day of the CFO Strategies Forum Mena, Manchanda gave insights into the challenges he faced immediately upon taking over as CEO of the troubled company in 2011, and the steps he took to put the real estate giant back on track.
"Declaring a loss of $20 billion back in 2011 was not easy, but necessary. We needed to acknowledge our losses and come clean, which had a very positive impact on the financial community. In troubled times, one needs to have the tenacity and courage to face realities, own up to mistakes, rectify them and move forward - which is exactly what we've done over the past 5 years," he said.
When asked about the need for adaptability and the rapid pace of change, he asserted: "The rules of the game are changing, both in finance and technology. We can't just rest on our laurels. The CFO, sitting at the fulcrum of business strategy, needs be able to embrace change, be an expert at analysing data and provide sound advice to the business stakeholders."
If approved by the Senate, Robert F. Kennedy will take over the Health and Human Services Department, an institution with a budget of close to $2 trillion
americas1 hour ago
The eagerly awaited book launch is set to take place on November 16
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The initiative aligns with the UAE’s commitment to becoming one of the world’s most active nations, while also encouraging citizens to embrace a healthier lifestyle
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The tremor occurred at 9.28am UAE time, according to the National Seismic Network
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As global demand for data processing grows, the role of durable, high-performance data center hardware has become critical
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This move would bring the total of environmentally-friendly vehicles in the Dubai Taxi Company's taxi fleet to 87 per cent
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Dubai College of Tourism is looking at expansion as it has been receiving a lot of applications from foreign students
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