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Staff Writer

Staff Writer
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Al Hilal Bank appoints Jamal Al Awadhi as CEO

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Al Hilal Bank, a subsidiary of ADCB Group, has appointed Jamal Al Awadhi as its new Chief Executive Officer to spearhead the Bank’s ambitious...

KIPCO announces Group and Deputy Chief Investment Officer appointments

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KIPCO – Kuwait Projects Company (Holding) – announced two key executive promotions that are set to drive the company’s growth and enhance the performance...

Gulf Bank appoints Abdulrahman Al-Saddah as Chief Risk Officer

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Gulf Bank has appointed Abdulrahman Al-Saddah as Chief Risk Officer. Mr. Al-Saddah brings over two decades of experience in the banking sector, including 15...

Mashreq hires Salman M. Hadi as Group Head of Treasury &...

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Mashreq announced the appointment of Salman M. Hadi as its Group Head of Treasury and Capital Markets (TCM). In his new role, Salman will...

Investcorp promotes 21 team members in Bahrain including two to Managing...

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Investcorp has announced a series of promotions in the Bahrain office. Twenty-one employees were promoted across a variety of grades in the firm, including...

Private companies lead Gulf IPOs to raise $12.1bn in 2024

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Gulf initial public offerings raised a combined $12.1 billion last year as companies across myriad sectors including retail, healthcare, energy and financial services went...

Mashreq completes $385mln sale of majority stake in Neopay

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Mashreq announced the completion of the sale of a majority stake in Neopay, the UAE’s fast-growing digital payments leader. As previously announced on September 13,...

GCC manages 38% of global SWF assets in 2024, Mubadala leads...

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Sovereign Wealth Funds (SWFs) reached a historic milestone in 2024, managing $13 trillion in assets, of which the GCC region managed 38%. A recent...

Burgan Bank to acquire 100% stake in Bahrain’s United Gulf Bank

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Burgan Bank has recently received the final approval from the Central Bank of Kuwait (CBK) to acquire 100% stake in United Gulf Bank (UGB),...

Bank of Sharjah appoints Sridhar Karlapudi as new Chief Operating Officer

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Bank of Sharjah, announced the appointment of Sridhar Karlapudi as its new Chief Operating Officer. Sridar has 25 years experience across India, the Middle East...
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