UDC appoints Omar Alfardan as managing director

Alfardan is the president of the Alfardan Group, which has interests in automotive, hospitality and retail business in Qatar and is one of the country’s most recognised companies.


Al Salam Bank's Board Elects HH Shaikha Hessa as Chairperson

An active member of the royal family of the Kingdom of Bahrain, Shaikha Hessa gained her Bachelor's degree in Management (1998), and her Masters degree in Social Policy and Planning (2002) both from the London School of Economics and Political Scienc


UBS Said to Hire Mimaroglu From Credit Suisse for Turkey

Mimaroglu, 37, has left Credit Suisse and will join UBS in Istanbul on May 1, the person said, declining to be identified because the hiring hasn’t been publicly disclosed. Dominique Gerster, a spokesman for UBS in Zurich, declined to comment.


New appointments at QIB

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


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.


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.


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.