Thursday 2 May 2024
 
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shakeup

Arabtec names new CFO in key shake-up

Arabtec, the Dubai-listed construction company, has accepted the resignation of three senior members of staff as part of a reorganisation, it said on Wednesday. It accepted the resignation of Iyad Abdalrahim, group chief financial

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British banks set for major shakeup

Britain's top banks have begun preparing for a major shake-up ahead of a government decision, to reassure investors that they can handle expected changes to the way they operate, sources said. The 'Big Four' banks - Barclays, H

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Egypt's ailing cotton industry 'needs shakeup'

Egypt's once-famous cotton industry risks a slow death without state investment to reverse decades of neglect, boost quality and encourage farmers to keep growing the crop. Analysts say the textiles sector has been overlooked amid a wave o

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