Thursday 24 July 2014
 
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banker

Banker who helped transform Dubai dies

The British banker who helped transform Dubai into a financial powerhouse, serving as an advisor to its ruling sheikh, has died at the age of 92. William Duff, a Scot, came to Dubai after a stint as a banker in Kuwait and became f

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Bahrain-based jailed banker in Dubai hospital

A Bahrain-based banker jailed in Dubai in connection with a $501 million fraud is seriously ill with stomach problems, said a report. Briton Charles Ridley has been taken to hospital after complaining of abdominal pain, said the r

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Algosaibi strikes deal with fugitive banker

Ahmad Hamad Algosaibi and Brothers Company (AHAB) said that it had struck a deal with a former Bahrain resident in a move to recover billions of dollars, which were allegedly siphoned off in a massive fraud involving banks in Bahrain.

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Suspect held for Bahrain-born banker's murder

A suspected assassin accused of gunning down a Bahrain-born banker in Malaysia has been arrested, a report said. Hussain Ahmed Najadi, 75, was shot in a car park as he was leaving a Chinese temple in Kuala Lumpur on July 29.

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Fugitive banker gets additional 3-year term

A fugitive banker who has already been sentenced to 15 years in jail for embezzlement, money laundering and fraud in five separate cases has been handed an additional three-year term. Former Unicorn Bank chief executive Majid Al R

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Al Hilal Bank wins top honour

Al Hilal Bank, an Abu Dhabi-based Islamic bank, was named the ‘Middle East Retail Bank of the Year’ at the 2013 Retail Banker International Awards recently. The awards, organised by market intelligence firm Timetric, h

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Top Dubai banker Asghar leaves Lazard

US investment bank Lazard Ltd's most senior banker in Dubai, Ali Asghar, has left to set up his own emerging markets-focused boutique firm, three sources familiar with the matter said.   Asghar, who headed La

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3 held over Bahrain-born banker's murder

Three suspects have been arrested in connection with the recent murder of Bahrain-born banker Hussain Ahmed Najadi in Malaysia, a report said. He was gunned down in a car park as he was leaving a Chinese temple in Kuala Lumpur on

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Manhunt on for killers for Bahrain-born banker

  A manhunt has been launched by Malaysian police to track down the killer of a top Bahrain-born banker, who was gunned down in broad daylight.   Hussain Ahmed Najadi was shot from close range a

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Sweden's Princess Madeleine weds US banker

A daughter of the Swedish king marries her US-British banker fiance on Saturday at a wedding to be attended by European royals and socialites from across the Atlantic. The 30-year-old Princess Madeleine, who earned a reputation fo

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