More than 80 per cent of family-owned businesses have no term or age limits on board membership and one-third do not evaluate board members' performance, a survey has found.
The survey by Deloitte also found that nearly half (
The Islamic Development Bank has approved $447.6 million towards financing several new development projects.
The fund will be used for financing projects in a number of member countries as well as three grants
Global Equity Partners, a specialist capital markets consultancy firm, said it has appointed Sheikh Rashed bin Ahmed bin Maktoum Al Maktoum to its board.
This appointment underpins Global Equities Partners’ rapidly increasin
Bahrain has received a new global vote of confidence yesterday (June 2) when it was elected International Labour Organisation (ILO) board member for 2014-2017.
The kingdom was elected unanimously by ILO m
Aluminium Bahrain (Alba) said its general counsel Afshan Akhtar has been appointed as board member and Bahrain representative of the Association of Corporate Counsel (ACC), Middle East.
The ACC Middle Eas
Arab Financial Services (AFS), a leading provider of electronic payment and consumer finance outsourcing services in the region, has appointed Arab Banking Corporation’s executive vice president and group chief operating officer Sael Al
Bahrain plans to run for a seat on the board of the International Labour Organisation (ILO), which last month threw out a complaint filed against the country by trade unionists.
The Cabinet yesterday approved a
The managing partners of the BDO Middle East, a network of public accounting firms, has appointed Ali Jawad, the CEO of BDO in Bahrain as a board member of BDO Europe, Middle East and Africa.
In this new role,
Batelco Group, Bahrain's leading communications solutions provider, has approved cash dividends worth BD31.7 million ($84.1 million) and a 5 per cent bonus share issue for 2013.
This was announced at the group's annual gen
A record number of women have been elected to the Bahrain Chamber of Commerce and Industry (BCCI) board, it was announced yesterday.
Of the nine women who stood for election, four have won seats on the 18-member board with a fifth