Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- China's Sinopec Signs Joint Venture Agreement with Saudi Aramco Worth $4 Billion
- IMF lowers Oman's GDP growth forecast to 2.3% for 2025
- Bahrain All Share Index, Islamic Index close lower
- Gulf Bank issues its fifth Annual Sustainability Report for 2024
- BRICS ministers meet in Brazil over Trump trade policies
- Continuing excellence and driving innovation key pillars of NBK's success: Shaikha Al-Bahar
- Borouge to boost production capacity to 6.6m tonnes
- Bitcoin surges back above $95,000 as institutional interest & economic uncertainty drive growth
- Qatar Stock Exchange index rises by 12.86 points at start of trading
- World-scale Dukhan solar power plant to become operational by 2029: Al-Kaabi
16/06/2009 00:00 AST
Rasmala, a Dubai-based regional investment banking firm, in a major revamp, has appointed Tamer Bazzari as the companys new chief executive officer.
Rasmala Investments founder Ali Al Shihabi had been the chief executive officer since its inception.
Annoucing the key changes in its senior ranks, the companys board of directors said Al Shihabi will now be the new executive chairman of the board. The board also announced the appointment of David Woods as the new chief operating officer.
Bazzari previously held the post of deputy chief executive officer having also served as the head of Investment Banking and as the chief financial officer of Rasmala.
Woods comes to Rasmala having previously held the position of chief operating officer of ABN-AMRO (Middle East).
Prior to this, Woods held the positions of chief executive officer of ABN-AMRO Securities (US) and chief executive officer of Alfred Berg Securities, a leading securities firm in Scandinavia.
With $1.2 billion of assets under management, Rasmala's core business activities include private equity, asset management, corporate finance and brokerage. It has regulated subsidiaries in the UAE, Saudi Arabia, Egypt and Oman.
Trade Arabia
27/04/2016
Rasmala, an independent investment management group, has posted a profit of £0.25 million ($363,500) for 2015 as compared to £0.6 million during the previous year, marking a fall of 58.3 per cent. <
Trade Arabia
18/12/2013
The EIIB-Rasmala Group was named 'Best Islamic Bank in Europe at the Islamic Business & Finance Awards 2013.
Zak Hydari, Chief Executive of EIIB-Rasmala, said, "2013 has been another mile
CPI Financial
20/11/2013
The partial shutdown of the US governmental services ended on the 17 October and the US debt ceiling was raised at the 11th hour. Rasmala reports that both these factors were positive for debt market
CPI Financial
| Ticker | Price | Volume |
|---|
29/04/2025
China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company aimed at operating ports, transporting crude oil, and providing ot
Asharq Al Awsat
29/04/2025
Gulf Bank has officially released its Fifth Annual Sustainability Report for the year 2024, titled "From Vision to Execution", highlighting the Bank's advancements in sustainability in line with Kuwa
Kuwait Times
29/04/2025
In an interview with CNBC International, Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK) affirmed the Group's commitment to maintaining excellence and fosterin
Kuwait Times
29/04/2025
Borouge today announced a series of strategic asset expansion projects to accelerate its growth, contributing annually between $165 million and $200 million (AED600 million - AED730 million) in EBITD
Trade Arabia
29/04/2025
Saudi developer Emaar, The Economic City has signed final agreements with four local banks to reschedule SR3.39 billion ($904 million) in existing debt and secure a new credit facility.
In a
Arab News
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia