03/30/2012

New appointments at QIB

Prior to joining QIB he held various senior roles at Al Rajhi Bank for about eight years.

03/26/2012

Abu Dhabi, Doha up salary offers to rival Dubai

Employers in Abu Dhabi and Qatar offer as much as 30 percent more money than their counterparts in Dubai to attract candidates because of the cost of living, according to a human resources expert.

03/26/2012

New Kuwait bank chief announced

Hashel, who has been the deputy governor for several years, was promoted to acting governor last month after former central bank chief Shaikh Salem Abdul Aziz Al Sabah resigned in protest against a steep rise in spending.

03/21/2012

HSBC Middle East to slash jobs

Staff at HSBC Middle East have received an email today announcing immediate company plans to implement redundancies, Arabian Business has learned.

03/21/2012

Bahrain SWF Mumtalakat names new CEO

He was deputy chief executive of the fund since 2006, was also mostly recently the chief executive of Bahrain-based labour fund Tamkeen, Mumtalakat said in a statement.

03/20/2012

SNR Denton Islamic finance head resigns

Libya, Egypt and Tunisia have seen renewed interest in Islamic finance since last year's uprisings toppled governments which neglected or discouraged the industry for ideological reasons. Oman announced last May that it would introduce Islamic financ

03/19/2012

Bank Nizwa’s CEO appointed

In the mid-1990’s he co-established the Middle East Capital Group in Lebanon, the region’s first merchant bank with a pan-Arab focus.

03/14/2012

Aon Benfield’s announced New CEO for MENA

He most recently served as Regional Director Middle East & North Africa at Willis Re, and has previously worked as a Middle East treaty underwriter at reinsurer SOREMA

03/13/2012

Emirates NBD plans 15 pct staff cut

Emirates NBD ENBD.AD, Dubai's largest bank which has been grappling with impairments, plans to lay off up to 15 percent of its workforce, two sources familiar with the matter said on Monday.

03/12/2012

Dubai bourse appoints ex-BarCap futures chief

The Middle East bourse has appointed Rod Banus, the former head of futures for Asia-Pacific at Barclays Capital, to head up its customer relations efforts, Financial News has learned.

03/07/2012

UGB appoints Acting Chief Executive Officer ‎

Prior to re-joining UGB in 2009, he held senior operating positions in KIPCO Group Companies including Chief Executive Officer, United Gulf Financial Services Company, Qatar and Group Chief Financial Officer, Wataniya International FZ LLC.

03/07/2012

Zurich appoints Kuwait GM

“As Zurich continues to expand its presence in Kuwait, Anas’s in-depth understanding of the local market will be invaluable,” said Maroun Mourad, CEO of Zurich’s General Insurance business in the Middle East.