Bahrain
Kuwait
Oman
Qatar
Saudi Arabia
UAE
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$59,375
Emirates NBD
UAE
UAE behemoth Emirates NBD announced a net profit of $411m for the first half of the year, down 29 percent on H1 2009 but healthy enough for CEO Rick Pudner to count on each one of his 6,922 employees for a handsome $59,375 return. Already the leading retail banking franchise in the UAE, with over 132 branches and over 705 ATMs/cash deposit machines spread across the country, the group is also a major player in the corporate banking arena, and will be looking for signs of growth in H2. Pudner has already said that he believes interest rates charged by banks in the UAE may decline in the second half, as liquidity improves and competition to win deposits eases.
Emirates NBD
UAE
UAE behemoth Emirates NBD announced a net profit of $411m for the first half of the year, down 29 percent on H1 2009 but healthy enough for CEO Rick Pudner to count on each one of his 6,922 employees for a handsome $59,375 return. Already the leading retail banking franchise in the UAE, with over 132 branches and over 705 ATMs/cash deposit machines spread across the country, the group is also a major player in the corporate banking arena, and will be looking for signs of growth in H2. Pudner has already said that he believes interest rates charged by banks in the UAE may decline in the second half, as liquidity improves and competition to win deposits eases.
leader
Posted by mansour, jubail, saudi arabia on 2 October 2010 at 10:25 UAE time
when you meet Fahad for the first time you know right away he is different, he is a leader and his personality is very strong that you love working with him.
Abu Nawaf all the best.
Posted by mansour, jubail, saudi arabia on 2 October 2010 at 10:25 UAE time
when you meet Fahad for the first time you know right away he is different, he is a leader and his personality is very strong that you love working with him.
Abu Nawaf all the best.
The Gulfs most efficient CEO's
Posted by samih Alameddine on 2 October 2010 at 10:01 UAE time
While reading this article I began to think of all the potential possibility of the offering of corporate sigma. I am now on chapter 4 in the book and look forward to completing it soon. I also saw your new site looks fantastic and also rich in content. I hope we can be on the same team.
Best Regards
Posted by samih Alameddine on 2 October 2010 at 10:01 UAE time
While reading this article I began to think of all the potential possibility of the offering of corporate sigma. I am now on chapter 4 in the book and look forward to completing it soon. I also saw your new site looks fantastic and also rich in content. I hope we can be on the same team.
Best Regards
Saudi Kayan
Posted by Hareesh, Jubail, Saudi Arabia on 29 September 2010 at 09:12 UAE time
Each of us in Saudi Kayan feel proud on successfull completion of important milestones one after the other. Exemplary team work and resultant commitment is behind this steady progress and very promising success.
Posted by Hareesh, Jubail, Saudi Arabia on 29 September 2010 at 09:12 UAE time
Each of us in Saudi Kayan feel proud on successfull completion of important milestones one after the other. Exemplary team work and resultant commitment is behind this steady progress and very promising success.
Efficient CEOs-Mahdi Bogami
Posted by Karigar Hisamuddin Suleman, jubail, saudi arabia on 28 September 2010 at 17:01 UAE time
To jump high, we need to take few steps back.
Inshaallah in next survey we will find saudi kayan & Mr.Mahdi al Bogami in top 5 CEO.
Posted by Karigar Hisamuddin Suleman, jubail, saudi arabia on 28 September 2010 at 17:01 UAE time
To jump high, we need to take few steps back.
Inshaallah in next survey we will find saudi kayan & Mr.Mahdi al Bogami in top 5 CEO.
Saudi Kayan start-up and production
Posted by Saud, Jubail, Saudi Arabia on 28 September 2010 at 13:34 UAE time
Saudi Kayan is the largest petrochemical complex in the middle east. The successful start-up of this complex reflects professionalism, deication and commitment to business. We hope for Saudi Kayan a bright future as such becoming the Number one contenders in the middle east.
Posted by Saud, Jubail, Saudi Arabia on 28 September 2010 at 13:34 UAE time
Saudi Kayan is the largest petrochemical complex in the middle east. The successful start-up of this complex reflects professionalism, deication and commitment to business. We hope for Saudi Kayan a bright future as such becoming the Number one contenders in the middle east.
Saudi Kayan - Losses in 1H 2010
Posted by Raymond Tiruchelvam, Al-Jubail, Saudi Arabia on 28 September 2010 at 09:33 UAE time
Saudi Kayan although being a 4 year old company, only started commercial production operations in August 2010, and thus recorded losses in the earlier period. The profit shown in 2008 basically represents commissions earned from the IPO funds while the plant was being constructed. This should be reflected accordingly in the comments.
Posted by Raymond Tiruchelvam, Al-Jubail, Saudi Arabia on 28 September 2010 at 09:33 UAE time
Saudi Kayan although being a 4 year old company, only started commercial production operations in August 2010, and thus recorded losses in the earlier period. The profit shown in 2008 basically represents commissions earned from the IPO funds while the plant was being constructed. This should be reflected accordingly in the comments.
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