Tuesday 30 June 2015
 
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New Finance selects SRB to oversee operations

New Finance, a Kazakhstan-based Islamic microfinance company, said it has selected Bahrain-based Sharia Review Bureau (SRB) to transform, certify and oversee a number of its sharia-compliant product and operations. As a sharia adv

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Deloitte Global appoints new chairman

Deloitte Touche Tohmatsu (Deloitte Global) has appointed David Cruickshank as its new global chairman. He was previously the chairman of Deloitte UK from 2007 to 2015 and is succeeding Steve Almond, who recently retired after serv

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UN Foundation names Ericsson chief as new member

The United Nations Foundation board has welcomed the president and chief executive officer of Ericsson Hans Vestberg, as its new member. The board recognised the Swedish businessman’s deep personal commitment to fighting ext

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Seef names new managing director

The Seef board has appointed Ahmed Yusuf as the managing director of the company effective from June 1. The appointment was made during a board meeting this month, said a report in the Gulf Daily News (GDN), our sister pu

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UAE banks mull centralised Islamic finance board

The United Arab Emirates' bank industry association has discussed a proposal to create a centralised sharia board that would monitor Islamic banking, which could spur the growth of the industry. The central bank had proposed s

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Knauf opens $50m gypsum board factory in Egypt

Knauf, an international, family-owned company based in Germany, has opened a new gypsum board factory in Egypt with investments of $50 million, according to a report. The plant production capacity is 15 million sq m of gypsum, 90,

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Knauf opens $50m gypsum board factory in Egypt

Knauf, an international, family-owned company based in Germany, has opened a new gypsum board factory in Egypt with investments of $50 million, according to a report. The plant production capacity is 15 million sq m of gypsum, 90,

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Abu Dhabi's IPIC announces major board revamp

The UAE energy minister has been appointed the new managing director of Abu Dhabi investment fund International Petroleum Investment Company (IPIC) in a reshuffle of the board. Suhail Mohammed al-Mazrouei has been named managing d

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Thuraya appoints new board member

Thuraya Telecommunications Company, a leader in mobile satellite handheld solutions, has appointed Stephen O’Neill to its board of directors. O'Neill has 37 years of experience in the aerospace industry, principally invo

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Teen entrepreneurs design 'brain-booster game'

Teen entrepreneurs from the Bahrain Bayan School have designed a sell-out success word search board game, aimed at improving memory and concentration. The group of 12 students, aged 16, created Tornado Tiles as part of an InJAz Ba

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