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Saudi CEOs backing govt drive to cut oil dependence

Chief executives in Saudi Arabia are optimistic about government’s economic diversity programmes and initiatives to reduce oil dependence, especially National Transformation 2020 and Vision 2030, said an industry expert. &ld

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Mideast CEOs 'reach tipping point in digital disruption'

Middle East businesses face the do-or-die moment for digital disruption, one of the world’s top tech experts said at the Gitex Technology Week’s conference kick-off today. “Middle East businesses will soon reach

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Strategic tie-ups, Big Data ‘key to growth’

Strategic partnerships and Big Data are key to success and sustainable growth, said a majority of chief executive officers (CEOs) in a survey conducted by growth partnership firm Frost & Sullivan. Over 300 CEOs and business le

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Majority of UK CEOs 'mull moving ops abroad post-Brexit'

Three-quarters of British company bosses are considering moving operations abroad following the vote to leave the European Union, according to a survey published on Monday. The KPMG survey of 100 UK chief executives, from companie

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Egypt bank CEOs purged as cbank sets 9-year term limit

Egypt's central bank put a time limit on the tenures of chief executive officers (CEOs) of commercial lenders, launching a purge of several top executives that puts it on a likely collision course with the country's banking sector.

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Bahrain-based CEOs in Forbes Mena list

Three Bahrain-based chief executives have made it to Forbes Middle East's list of the top 100 executive management heading global corporate powerhouses in the Mena region. The highest ranked of them is BNP Paribas' Middle

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Saudi CEOs earn highest in Mideast

  The survey ranked the CEOs as follows - Saudi Arabia, Qatar, UAE, Kuwait, Oman and Bahrain. It is based on chief executives who are responsible for sales of more than $50 million, a statement from Gulf Business, which conducted t

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Reforms key to Bahrain's growth says survey

Top executives view further reforms and a planned revision of the national economic strategy as crucial to Bahrain’s long-term growth and prosperity, according to a survey. Within this context, many government institutions, agencies and pr

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Promoting CEOs from within pays, says study

Businesses that exclusively promote CEOs from within the organisation outperform companies that recruit CEOs from outside the organisation, according to A.T. Kearney, a global management consultancy. In an international study of S&P 50

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CEOs cautiously confident on global growth

Organisers and CEOs at the annual Davos meeting projected cautious confidence in the global economy as the event opened on Wednesday, pointing to numerous risks which could yet derail a still-fragile recovery. World Economic Forum (WEF) ch

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