Rami Touma, a director at the bank, has been running Credit Suisse’s Qatar investment banking business since 2007.
The Kingdom is expected to spend $2 billion on ships from a Bremen-based dockyard.
Prince Alwaleed Bin Talal tops the Gulf Business list of the most powerful Arabs in Saudi Arabia.
The government-owned monopoly made a net profit of Dhs4.65 billion ($1.27 billion) in 2012.
The airline boss said the company’s income will rise substantially in the current financial year despite high fuel prices.
Oman will again spend heavily in 2013 on job creation and infrastructure projects.
The Dubai investment bank has laid off a third of its staff since 2011 and slashed operating costs.
Tim Clark, Emirates’ president, has said Dreamliner problems will not affect progress of the new 777X.
EICMP will become the first Middle Eastern producer to export camel milk-based products to Europe.
Hungarian oil and gas group MOL’s shares were down 4.1 per cent on Friday, a five-week low.
The loan is expected to help Japan win new and renewing energy concessions.
Emirates boss Sheikh Ahmed tops the Gulf Business list of the most powerful Arabs in the United Arab Emirates.
The agreement would allow Japan to quickly seek additional oil supplies via a telephone hotline.
Decline was expected but still beat forecasts thanks to 10.8 per cent fall in impairments.
The company enjoyed better than predicted profit growth last quarter of $501 million.
Expatriate numbers are to be reduced from 39 per cent of Oman’s population to 33 per cent.
The UAE’s finance ministry placed Dhs70 billion with banks to shore up their balance sheets after the the financial crisis in 2008.
Sultan Qaboos bin Said has revived a custom of travelling on month-long tours around Oman, holding “consultation sessions” with local people.
More than double the 42.2 billion riyal surplus recorded in the same quarter of the previous year.
Payments worth a total of Dhs46.8 billion were marked as invalid in 2012, a drop of 15.3 per cent.
Study finds 56 per cent of workers are worried about their future finance plans after work.
The UAE government’s two-month amnesty programme ended on February 4, 2013.
The emirate has set its sights on becoming a global centre for Islamic business activity.
Marriott and FedEx Express join the computer giant for the second year in a row in the top three.
The Emirates Banks Association has sent its recommendations on proposed mortgage caps to the UAE central bank.
Abu Dhabi National Energy Co (TAQA) attributed the fall in profit to lower gas prices and tax charges.
The property developer made a net profit of Dhs38.6 million last year.
CEO targets new partnerships for Dubai and Abu Dhabi properties
The Saudi Arabian city offers a “cheap cost of living in a more stable environment,” says new survey.
Opposition groups have suggested they would attend but cited differences with the government over the aim of the talks.