Bahrain-based Gulf International Bank BSC has hired Deutsche Bank AG’s CEO Jamal Al Kishi to become the new CEO of the parent company, Gulf International Bank B.S.C, Bloomberg reports. Al Kishi will also become the deputy group CEO, GIB said in a statement seen by Bloomberg. Al Kishi has been Deutsche Bank AG […]
Oman’s Petroleum Development Oman (PDO) is contemplating a cut in staff working on its oil and gas projects in response to the spread of the coronavirus, Bloomberg reports. The cut is in plan and is in discussion with contractors, PDO reportedly said in an email. The company also said it will review its projects and […]
Iran has rejected claims by the family of Bob Levinson, a former FBI officer, that the operative has died in its prisons. Spokesman of the Iranian mission at the UN, Ali Reza Mir Yousefi, said in a statement Iran does not know the location of the FBI agent. “Iran has always declared that its officials […]
Turkey’s Boxing Federation has slammed the International Olympic Committee (IOC) after two of its athletes and head coach contracted Covid-19 during qualifying bouts for the 2020 Games in London. Athletes, Serhat Güler and trainer Seyfullah Dumlupınar, of Turkish boxing team were infected by the disease during the European qualifying tournament, Daily Sabah reports citing the […]
Iran, which had invited Doctors without Borders to send a team of doctors to help address the fast-spreading Covid-19, made a U-turn, fearing the doctors of the international humanitarian organization would be spies. Iranian officials rejected the offer of Doctors Without Borders (MSF) to build a hospital in Isfahan despite new documents that show […]
Kuwait’s banking association has decided to postpone repayment of loans and credit card facilitations for small and medium-sized companies (SMEs) to help address the consequences of the coronavirus pandemic, Middle East Monitor (MEMO) reports. The measure, which also includes interest, will only last for six months. The association has also postponed the repayment of credit […]
Turkey’s prosecutors Wednesday sought aggravated life sentences for 18 accused in the 2018 killing of journalist Jamal Khashoggi in the Saudi consulate in the city of Istanbul, Turkish news agency Anadolu reports. The Istanbul Chief Prosecutor Office, the agency said, has identified a total of 20 people in the assassination. The office also said two […]
The world leading hospitality hotel group Accor has acquired Muscat international airport hotel and will revamp the property, Arabian Business reports. The France-based group entered into agreement with Sundus Investments, a mixed-use developer in the Middle East for the operation. The property will be rebranded Novotel Muscat Airport with the introduction of the group’s midscale […]
Qatar has closed borders to foreigners and suspended international flights to the Gulf country as the spread of the Coronavirus becomes alarming with 470 confirmed cases. The move comes as health ministry Friday announced 10 new cases, bringing the infection toll from the fast-spreading disease at 470, Al Jazeera reports. The new cases include a […]
The British Ministry of Defense announced Thursday it has decided to pull part of its military personnel from Iraq. The Ministry of Defense has decided to redeploy some of its personnel back to the United Kingdom, Defense Secretary Ben Wallace said in a statement, explaining that “in recent months the tempo of training has […]