With Sheikh Ahmed replaces Ahmed Humaid Al Tayer as Chairman of Emirates NBD, many speculate that the move may signal more changes in Dubai’s bank sector
Dubai’s ruler named his uncle and close adviser Sheikh Ahmed bin Saeed al-Maktoum as chairman of Emirates NBD on Sunday, in a move that may signal changes to come in Dubai’s banking sector.
Sheikh Ahmed, chairman of Emirates airlines, replaces Ahmed Humaid Al Tayer, who is also governor of the Dubai International Financial Centre (DIFC), state news agency WAM said.
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