The company owns one of Dubai’s biggest party hotels, where guests can park their supercars inside a nightclub for $2,723 (Dhs10,000)
Alqahtani will have oversight of the bank’s business activities regulated by the Saudi Central Bank
Drew Goldman’s appointment is effective October 3
Emirates Pay is an alternative method for travellers to pay for air tickets purchased online by directly debiting their bank account
The two companies have also agreed to form a joint innovation partnership
Ashok Aram, who also heads the firm’s international private and commercial bank operations, is departing for personal reasons
The German lender is laying off several senior staff in Dubai, according to sources.