Investcorp Plots Hedge Fund, Real Estate Push as Founder Retires
Best known for taking luxury brands Tiffany & Co. and Gucci Ltd. public under founder Nemir Kirdar, Investcorp may also…
Executive Moves
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Surprising Saudi Rises as a Prince Among Princes
Until about four months ago, Prince Mohammed bin Salman, 29, was just another Saudi royal who dabbled in stocks and…
Al Tuwaijri named board chairman of MEFIC Capital
Middle East Financial Investment Company has appointed Dr. Abdulrahman Al Tuwaijri as its Chairman after being elected by the Board…
Nemir Kirdar appointed Founding Chairman of the Advisory Board of the Middle East Centre at Oxford University
Investcorp , a leading provider and manager of alternative investment products,hasannounced the appointment of Nemir Kirdar, as Founding Chairman of…
HSBC set to cut thousands of jobs globally
HSBC Holdings Plc is planning to cut thousands of jobs globally and is set to make an announcement next week,…
UDC appoints new CEO
United Development Company (UDC), today announced that Ibrahim Al-Othman has been appointed Chief Executive Officer (CEO) of the Company. Approved…
Credit Suisse Hiring Equities Bankers on Saudi Market Opening
Credit Suisse Group AG plans to expand its equities sales and research team in Saudi Arabia as the Arab world’s…
Tony Blair finally quits as Middle East peace envoy after concerns over conflicts of interest with his business affairs
Tony Blair quit as Middle East peace envoy last night following years of criticism about his controversial business interests. After…
Abu Dhabi fund ADIA names head of US internal equities
Abu Dhabi Investment Authority, one of the world’s largest sovereign wealth funds, has appointed John Pandtle to the newly created…
Bob Willen Appointed Managing Director for A. T. Kearney Middle East
Global management consulting firm A.T. Kearney has appointed Robert E. Willen as Managing Director for the Middle East to further…
Oman Insurance Company appoints new CEO
Oman Insurance Company has announced the appointment of Christos Adamantiadis as Chief Executive Office to replace Patrick Choffel who ends…
Standard Chartered turmoil in Middle East offers opportunities for local banks
Nowhere, perhaps, is the turmoil at Standard Chartered more evident than in the Middle East, as an exodus of top…