Financial and Banking News

REGIONAL BANKING

Dubai Bank Gets New Board 

An extraordinary general assembly of the shareholders of Dubai Bank Ltd on 23 February approved a big change in its board of directors involving the retention of the two principal shareholders, Mr. 'Abd al-Rahim Galadari and Mr. 'Abd alLatif Galadari (the former as vice-chairman), while appointing Mr. Sultan 'Ali alOwais, chairman of the National Bank of Dubai, as chairman and Mr. Anis 'Abdallah...