Dec 31 2011 |
more articles from
|
Arab Investment Co. appoints new CEO
RIYADH, Dec 31 (KUNA) -- Board members of The Arab Investment Company ( TAIC ) approved on Saturday appointment of Deputy Chief Executive Officer (CEO) Financial and Administration Affairs, Ibrahim Al-Mazyad, as the new Chief Executive, replacing Dr. Saleh Al-Humaidan, effective from January first 2011. TAIC said in a statement that the decision was adopted during the recent meeting held by the board members in Riyadh, headed by Chairman of the Board Ibrahim Al-Bassam and with the attendance of representatives of member countries. TAIC is a Pan-Arab joint-stock company established in July 1974 and owned by governments of 17 Arab states with an authorized capital of USD 800 and a paid-up capital of USD 700 million. TAIC 's main goal, according to the terms stipulated in its Memorandum of Association, is to invest Arab funds to develop Arab resources in different economic sectors by initiating investment projects in different economic sectors, based on sound economic and commercial criteria, in a manner that would support and develop the Arab economy.Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment