UAE overhauls Etisalat board after profit slump

President Sheikh Khalifa bin Zayed al-Nahyan, who is also the ruler of Abu Dhabi, issued a decree appointing Eissa al-Suwaidi as chairman to replace Mohammad Omran, plus six new government representatives to the board of directors.


Absa man heads to FNB’s Islamic unit

THE former head of Absa ’s Islamic banking unit, Amman Muhammad, has joined rival First National Bank (FNB) and has pledged to make it dominant in Islamic banking in SA.


ABN Amro Private Banking appoints COO for Asia and Middle East

ABN AMRO also announced that in recognition of the increasing business and operational synergies between Asia and the Middle East, the Bank has aligned its activities in the Middle East – particularly its Dubai operations – more closely with i


Al Jazeera Finance names CEO

Al Jazeera Finance, which is 30% owned by Qatar Islamic Bank, has appointed Amer Mohamed al-Jabri as its chief executive officer.


NJ Global Invest Limited joins DIFC

Kalpesh Mehta, Director, NJ Global Invest said: "DIFC was an obvious choice for us when we decided to start an office in Dubai. It provides the gateway to the entire Middle East and will help us expand rapidly in this ever growing region.


New directors named for Gulf Finance Corp

Schubert is a chartered director of the Institute of Directors (IOD) in the UK and serves as a non-executive director on multiple boards throughout Europe and the Middle East. Previously, Schubert was the CEO of the Dubai International Financial Exchange.


NBAD Appoints New GM of Elite Banking

He will lead NBAD's strategy to expand its ground-breaking concepts in consumer banking and significantly increase personal banking clients.