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Norwegian Air starts search for a new CEO

Bloomberg The board of Norwegian Air Shuttle ASA has started looking for someone who might be able to replace Bjorn Kjos as chief executive officer when the 72-year-old steps down, according to a report in Nettavisen. Nettavisen said Kjos feels he has been running on “overtime” and that he hopes he won’t still be CEO three years from now. Potential ...

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UAE gross bank assets hit AED2.8trn by end of August

Abu Dhabi / WAM The UAE gross bank assets amounted to AED2.8 trillion by the end of August 2018, four percent up from AED2.694 trillion by the end of December 2017, according to Central Bank of UAE statistics released on Sunday. Gross credit increased to around AED1.633 trillion by the end of August, a growth of 3.3 percent from AED1.58 ...

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EmTech Mena opens in Dubai

DUBAI / WAM Dubai Futures Foundation and Haykal media have kicked-off the region’s first ever EmTech Mena 2018, a platform designed to address the future trends of technology in an evolving world. The event is held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. Organised ...

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