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Qatar Foundation to take Bharti board seatQatar will be taking a board seat and plans to be an active investor in Bharti Airtel, the Indian telecoms group in which one of its investment vehicles has agreed to buy a 5 per cent stake, a person close to the Qataris said. &qu More… |
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Seef Properties names new chiefBahrain-based Seef Properties has appointed Essa Najibi as its new chairman and Saqer Shaheen as the vice-chairman, said a report. In addition the board elected chairmen and members of the following committees. The More… |
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BAB appoints NBK chief as chairmanThe Bahrain Association of Banks (BAB) elected a new board during its recent annual general meeting with Abdul Razak Al Qassim, CEO of National Bank of Bahrain (NBK) as its chairman. The deputy chairman is Dr Farid Al Mulla, CEO of Oasi More… |
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Savola approves $186m cash dividendsSavola Group, the Saudi Arabia-based food conglomerate, said the company board had approved the distribution of cash dividends worth SR700 ($186.4 million) to the shareholders. The group operates in three core sectors: the Food sector, More… |
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Zain wins appeal in lawsuit over boardKuwaiti telecom operator Zain said it had won an appeal against a discrimination lawsuit filed by a member of the country's ruling family, according to a statement on the stock exchange on Thu More… |
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Rotana reviews 2013 strategic plansRotana, one of the largest TV networks and ad sales operations in the Middle East region, held its key meeting in Riyadh where members reviewed and discussed the strategic plans for 2013. A diversified media company in the Middle More… |
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Bahrain MPs vote against new Gulf Air boardBahrain’s parliament yesterday voted to replace the entire Gulf Air board, which was only appointed last month, and tear up the contracts of two consultancy firms recruited by the airline, a report said. Five MPs had submitt More… |
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Oman's Al Izz bank names new boardOman's Al Izz Islamic Bank, the Sultanate's second Islamic bank, has elected members of its board a month after the initial public offer of its shares, a bank statement said on Thursday. Taimur Bin As'ad Al Said was el More… |
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Gulf Air forms key restructure panelsThe of board of Gulf Air, the national carrier of Bahrain, yesterday passed a resolution to set up three committees for the implementation of its restructuring plan. The airline's recently appointed board led by Deputy Prime M More… |
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ADCB hires Standard Life chairman as adviserAbu Dhabi Commercial Bank , the United Arab Emirates' third biggest bank by market value, has appointed Gerry Grimstone as adviser to the bank's board, the lender said on Wednesday. Grimstone, a former investment banker at More… |
