Istithmar World announced the appointment of Ziad Makkawi as its new CEO. The state owned conglomerate of the United Arab Emirates, Dubai World, announced the completion of a USD 25 billion debt restructuring in 2011.
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India's new central bank governor to step into eye of rupee storm
Raghuran Rajan, the newly appointed bank governor of India's central bank would step into office in the eye of a roiling storm in the country's economy.
RHB Bank to appoint Khairussaleh Ramli as deputy CEO- sources
Sources told Reuters that RHB Bank of Malaysia would poach Maybank's Indonesian unit head Khairussaleh Ramli and appoint him as RHB's new Deputy CEO.
RBC Capital Markets appoints Kriskey for its commodity investor sales
Kathy Kriskey is RBC Capital Market's new head of commodity investor sales. In an announcement, RBC Capital Markets introduced Kathy Kriskey as its new head of commodity investor sales in New York.
McAdams was key to the finalization of Verizon-Vodafone buyout deal
Verizon CEO's demeanor and relationship with Vodafone was key to the deal being finalized. The stage for the USD130 billion buyout of erstwhile partner buyout of Vodafone Group Plc from the venture in Verizon Wireless was set two years ago.
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With the pending completion of the third largest deal in history, the CEOs of Verizona and Vodafone are near the goal that had eluded their predecessors.
two sources told Reuters that Emirates would hire former Standard Chartered Plc's executive Manoj Chawla as its Chief Risk Officer.
Mark Carney, Chairman of the Financial Stability Board, said banks had infused fresh capital amount to half a trillion dollars since 2009.
John Malone, the US cable magnate who owns Liberty Global Plc said the company would consider proposals but is content with how the company is at present.
Technology and startup blog e27 backtracked on its earlier report that the formation of Alliance for Venture Capitals (AVCII) in Indonesia last week was merely a casual lunch date to discuss topics and future policies for the internet startup community.
With the opening of its new Australian unit, Twitter confirmed the official appointment of ex-Google unit head Karen Stock as the country manager for Australia.
Ex-Morgan Stanley Hajime Kitano was hired as an equity strategist at Barclays Securities Japan Ltd. Barclays Securities Japan Ltd. Kazutoshi Ohkubo told Reuters in a phone interview that former Morgan Stanley Japan equity strategist Hajime Kitano would join the UK bank in Tokyo today.
Two of Everbright Securities senior executives resigned after severe penalties amounting to were imposed on the company for allegations of insider trading and other illegal activities.
The Saudi Arabian government has cut down the number of pilgrims allowed to Mecca by requiring bonds for ferrying airlines because of ongoing expansion and construction at Islam's holiest mosque.
