Abdel Hamid Shoman, chair of Arab Bank, stands down
Arab Bank's Chairman Abdel Hamid Shoman resigned from Jordan’s largest financial institution on Thursday 16 August, citing disputes with top executives as the main reason.
In a letter sent to the bank’s staff, Shoman said he was disappointed by the performance of the general manager and the board of directors.
- Oman’s Duqm tourist complex moves forward with government approval
- Kuwait fights budget deficit: Reexamining government salaries, expatriate labor
- Tunisian Confederation of Industry, Trade, and Handicrafts fights nationwide unemployment levels
- Construction costs fall in Dubai
- Western tourists flock to Iran, could generate $30B in new revenue