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Bahrain banker sentenced in 4th caseA fugitive bank executive already sentenced to 10 years in jail in three separate criminal cases was handed another five-year sentence and a BD100,000 ($26,180) fine by Bahrain’s High Criminal Court, a report said. Former Un More… |
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New jail term on fugitive bankerA fugitive bank executive has been handed an additional one-year jail sentence for embezzlement by a Bahrain court, a report said. Former Unicorn Bank chief executive Majid Al Refai was convicted by the High Criminal Court yesterd More… |
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Europe's crisis far from over, warn bankersInternational bankers and finance ministers warned on Saturday that Europe's crisis was not over even though the euro currency is now stabilized, it will take years to overcome economic malaise and mass unemployment in Europe. More… |
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Iran rial slips as power struggle over banker loomsThe Iranian rial has dropped sharply on the open market since Sunday on speculation the head of the country's central bank could be sacked in a row over his performance that has exposed the country's political faultline More… |
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Job axe falls on ME investment bankersBig US and European banks are cutting investment banking jobs in the Middle East as the promise of emerging markets is overshadowed by a need to slash costs and a dearth of deal activity. Institutions including Deutsche Bank, Cred More… |
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Bahrain banker in 'Top 50 women' listDr Nahed Taher, chief executive officer and co-founder of Bahrain-based Gulf One Investment Bank has been ranked 23rd in the 'Top 50 women in world business' list compiled by Financial Times for 2011. The FT top 50 women were selec More… |
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Banker Middle East Award for 29CPI Financial has announced the 29 winners of the Banker Middle East Industry Awards 2010 at a gala dinner at Emirates Towers in Dubai. Held in partnership with the Hawkamah Institute for Corporate Governance, the 10th annual Banker More… |
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Ex-Bahrain banker files UN complaint over travel banThe former chief executive of Bahrain-based bank TIBC has filed a complaint at the United Nations against Bahrain for being prevented from leaving the kingdom for over 10 months, his lawyers said. Glenn Stewart, a US citizen who is now bac More… |
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Bahrain banker held over suspected fraudA senior bank executive in Bahrain has been arrested on suspicion of embezzling millions from his own institution, which is already in the midst of an international financial dispute, sources confirmed. The defendant, a top official at the More… |
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Dubai Bank CEO is Banker of the YearThe Islamic Business and Finance Award 2008 has honoured the CEO of Dubai Bank Salaam Al Shaksy with the Banker of the Year Award 2008. The award recognised Al Shaksy’s leadership as a fundamental reason for Dubai Bank’s achievements More… |
