Salaam Al Shaksy, former CEO of Alizz Islamic Bank, has been named Chief Integration Officer of Oman Arab Bank.
Oman Arab Bank (OAB) and Alizz Islamic Bank (AIB) signed an agreement for the overall structure of the potential merger between the two banks.
Mr. Hamdan alHinai is reelected Chairman of Oman’s Ahli Bank during a remote Annual General Meeting using the electronic platform of Muscat Clearing.
Credit Suisse Saudi Arabia has appointed Mr. Khalid Al Ghamdi to serve as its CEO effective September 1, 2019.
SABB and Alawwal Bank today created Saudi banking history by legally combining their businesses following regulatory and shareholder approvals.
HSBC has appointed Mr. Martin Tricaud as new regional chief executive officer for the Middle East, North Africa and Turkey (MENAT), effective June 1, 2019.
Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) have agreed to merge and together to acquire Al Hilal Bank.
Abu Dhabi Islamic Bank (ADIB) has hired former Crédit Agricole and Citi executive Mazin Manna as CEO, pending regulatory approval.
Kuwait Clearing Company, the central clearing, settlement and depository entity for Boursa Kuwait, has promoted Khaldoun Al-Tabtabaie to CEO.