Saturday 6 February 2016
 
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Kuwait Airways retires 1,350 nationals

Loss-making Kuwait Airways has let go of 1,350 Kuwaiti nationals during the last two years, part of a plan to cut costs and return to profit by 2019, the chief executive of the state-owned carrier told Reuters on Thursday. The air

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Alba’s chief operations officer to retire in March

Aluminium Bahrain (Alba) said its chief operations officer (COO) Isa Al Ansari, will be retiring at the end of March after 32 years with the company.   Al Ansari joined Alba in 1983 as an apprentice and served in

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Tyler to retire as Iata director general, chief

The International Air Transport Association (Iata) said its director general and chief executive officer (CEO) Tony Tyler will retire in June next year after serving five years in the position.   Andrés Co

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Investcorp chairman, CEO to retire next June

Investcorp, a leader in alternative investment, said on Thursday that its executive chairman and chief executive Nemir Kirdar would retire on June 30, 2015 after more than 30 years leading the alternative investment firm. Mohammed

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Retired Gulf Air staff in benefits row

Former Gulf Air staff claim they are being denied benefits they were promised on retirement.   Campaigners claim as many as 400 people have been affected, including an ex-senior manager who served the company for

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Health insurance must for retired expats in Dubai

Expatriates who wish to continue living in Dubai after retirement will be required to take out health insurance, said a report.   The policy will be required for issuing a residence visa to such an expatriate, sa

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Ithmaar chief honoured

Dar Al Maal Al Islami (DMI) Trust, Ithmaar Bank's largest shareholder, hosted a reception for members of the group's senior management at the Ritz-Carlton Bahrain Hotel and Spa to honour Mohammed Bucheerei, who retired last month.

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Microsoft CEO to retire in next 12 months

Steve Ballmer, a passionate salesman who has been a central figure at Microsoft Corp for more than three decades, unexpectedly announced his retirement as chief executive on Friday. The surprise move, that ended a controversial 13

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Dana Gas CEO to retire in September

Dana Gas, which has retained advisors to assess options for $1 billion in debt maturing this year, said on Thursday its chief executive will retire in September after three years at the helm. Ahmed Al-Arbeed will remain on the board of dir

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Marriott head announces retirement

Marriott International said its president and managing director of International Lodging, Ed Fuller, will retire from the company on March 31 next year. Fuller led Marriott’s growth outside the continental US from 16 hotels to more than 55

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