World Bank chief says U.S. should lead some global bodies

The World Bank last week launched the nomination process to select a new president to succeed Zoellick when he steps down in June, inviting names from any of its 187 member countries. The Obama administration has said it would open the process to competit


Ahli Bank appoints new CEO

During Murad’s tenure, the bank witnessed remarkable progress and development and achieved excellent financial results.


Hillary Clinton among contenders for World Bank top job

US Secretary of State Hillary Clinton and former White House economic adviser Lawrence Summers are two leading candidates to succeed World Bank President Robert Zoellick when he leaves in June, said two people familiar with Obama administration discussion


Emirates NBD Deputy CEO said to leave

He has been with the group since 1986, was appointed deputy CEO in May 2009 and was also in charge of wholesale banking, according to a press release issued at the time.


Carlyle says Middle East chief stepping down

Walid Musallam will be succeeded by Can Deldag and Firas Nasir, Rosanna Konarzewski, a spokeswoman for Carlyle in London, said by telephone. Carlyle, which is investing a $500 million fund in the region, declined to elaborate on the reasons for his depar


KPMG strengthens presence in MESA region

KPMG's MESA region spans across 15 countries where the member firms offer services to a wide variety of clients - across Government, Energy, Financial Services, Family Groups, Real Estate, and Sovereign Wealth Funds.


Global law firm continues expansion in Dubai with latest hire

Mr. Keighran has extensive experience in all aspects of real estate and large scale projects across the Middle East and North Africa (MENA) region, acting for a variety of government related entities, developers, contractors and investors.


RBS Appoints Head of Hybrid Capital in London

The Hybrid Capital team is responsible for structuring, originating and executing hybrid capital products for financial institutions (banks and insurance companies), as well as for corporate and public sector issuers. Davidson joins the Financial Institut