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ENBD chief executive resignsRick Pudner, chief executive of Emirates NBD, Dubai's largest bank, is resigning, the bank said on Sunday without giving a reason. Pudner is expected to stay in the job until the end of this year; "then he will hand over More… |
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Egypt's vice president quitsEgypt's vice president, Mahmoud Mekky, has resigned from his post, a presidential source said on Saturday, without giving any reason. The source said the presidential spokesman would issue a statement shortly. Mekky took a leading More… |
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BBC chief quits over 'shoddy journalism' failuresBBC director general George Entwistle has resigned, just two months into the job, after the state-funded broadcaster put out a programme denounced by its chairman as shoddy journalism. The BBC, reeling from revelations that a form More… |
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Citigroup CEO Pandit resignsCitigroup chief executive Vikram Pandit has resigned effectively immediately, the company said on Tuesday in a statement from chairman Michael O'Neill. Michael Corbat, previously chief executive for Europe, Mid More… |
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Kuwait government submits resignationThe Kuwaiti government submitted its resignation to the country's ruler on Monday, a government source said, deepening a political crisis in the major oil exporter. The resignation came amid a political crisis in the Opec member. The t More… |
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Kuwait's Emir suspends parliamentKuwait's Emir has suspended Parliament for one month, state news agency Kuna said citing a decree, ahead of the planned questioning of the Interior Minister by Opposition members of the Assembly. The Emir, Sheikh Sabah al-Ahmad al-Saba More… |
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Kuwait social affairs minister quitsKuwait's minister for social affairs and labour has resigned, local media reported on Tuesday, making him the second cabinet member to step down in the last several weeks under pressure from opposition lawmakers. Officials at the minis More… |
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Kuwait finance minister quits after oppn chargeKuwait's finance minister resigned on Thursday after opposition lawmakers accused him in parliament of failing to deal with alleged financial irregularities in his departments. Mustapha Al-Shamali, who served as finance minister from 2007 More… |
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Metin Mitchell co-founder steps downDubai-based executive search and management advisory firm, Metin Mitchell & Company, said its co-founder and chief operating officer Dominique Liana Russo has resigned from the company. Announcing the resignation, the DIFC-based compan More… |
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Bahrain to review rents of businessesPlans are underway to renegotiate the rent of more than 900 businesses in Bahrain that have suffered major losses due to the credit crunch and unrest, said a top official. The Manama Municipality had planned to rip up old contracts and rep More… |
