Friday 24 May 2013
 
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Saudi King names Prince Saud oil province governor

Saudi Arabia's King Abdullah appointed Prince Saud bin Nayef as governor of the oil-producing Eastern Province, the Royal Court said in a statement carried by state news agency SPA on Monday. "Prince Mohamad bin Fahad bin

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Cenbank marks Bahraini Woman’s Day

The Central Bank of Bahrain (CBB) recently celebrated the Bahraini Woman's Day (December 20), where the Governor of the bank met with the women employees to congratulate them on the occasion. Rasheed Mohammed Al Maraj said: &l

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Tunisia govt 'seeks to sack cbank chief'

The parties that make up Tunisia's coalition government have proposed removing the governor of the central bank, two party sources said, a step which could alarm investors. Tunisia, struggling to emerge from recession, has held a steady co

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Kuwait central bank chief quits over spending

Kuwait's central bank governor resigned after 25 years in the post on Monday, protesting against a rapid rise in government spending, state news agency KUNA announced. KUNA quoted Sheikh Salem Abdul-Aziz Al-Sabah as saying the governme

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Assad replaces governors of protest-hit regions

Syria's President Bashar al-Assad replaced governors on Sunday in two regions that have seen sustained protests against his rule and activists said security forces killed at least two people in Hama province. The official Sana news agency

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Syrian city governor sacked after violent protests

President Bashar al-Assad sacked the governor of Hama province on Saturday, a day after tens of thousands of protesters massed in the provincial capital to demand the Syrian leader's ouster. The demonstration in Hama, scene of a bloody

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Dubai at centrestage 'of global capital flows'

The current shift in global capital flows gives Dubai and the UAE an opportunity to strengthen its position as a global economic and financial hub, said Dr Omar Bin Sulaiman, Governor, Dubai International Financial Centre (DIFC). Addressin

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New York Governor resigns amid sex scandal

New York Governor Eliot Spitzer resigned on Wednesday amid a scandal over a $1,000-an-hour prostitute, ending a career built on pugnacious investigations of Wall Street crimes and an image of moral rectitude. His resignation completed a fa

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CBB chief receives US delegation

The Governor of the Central Bank of Bahrain (CBB) Rasheed Mohammed Al Maraj met a high level US Congressional delegation led by Congressman and senior member of the House Appropriations Committee James Moran. Al Maraj briefed the members o

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