Explainer: Everything you need to know about the G20

A partial view of the entrance to the Costa Salguero Center which will host the upcoming G20 Summit in Buenos Aires, taken on November 27, 2018.(AFP / Juan Mabromata)
Updated 29 November 2018
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Explainer: Everything you need to know about the G20

  • Who's who and what's on the agenda at this year's summit Buenos Aires
  • It's not all serious business, as evidenced by the leaders' 'family photo' t

LONDON: On Friday the leaders of the world’s most prosperous nations will gather in Argentina for the Group of 20 summit, known simply as the G20.

Over two days, the leaders of 19 countries plus the EU, along with ministers and advisers, will meet, discuss and issue communiques for public consumption. The real work happens in closed sessions of small groups in side rooms.

For some the 2018 summit is a poignant event. The presidency of Michel Temer of Brazil will end on Saturday. His  newly elected successor Jair Bolsonaro will also be in Buenos Aires so he can assume office immediately. For German Chancellor Angela Merkel, it may not be the last G20, but since she will step down at the next election, there will not be many more.

 

 

Every summit has a theme and this year Argentina as the host nation has chosen “Building consensus for fair and sustainable development,” and has identified three key issues for the agenda: The future of work, infrastructure for development, and a sustainable food future.

 


Owner of Abu Dhabi’s Al Hilal Bank appoints chairman and CEO

Updated 21 April 2019
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Owner of Abu Dhabi’s Al Hilal Bank appoints chairman and CEO

  • Eraiqat is currently group chief executive of Abu Dhabi Commercial Bank (ADCB)
  • Eraiqat will serve as chairman at Al Hilal in addition to his current role at ADCB

DUBAI: Abu Dhabi Islamic lender Al Hilal Bank said on Sunday its owner, the Abu Dhabi Investment Council, had appointed Alaa Eraiqat as the bank's chairman.
Eraiqat is currently group chief executive of Abu Dhabi Commercial Bank (ADCB), which is expected to merge with Al Hilal Bank and Union National Bank (UNB) in the first half of 2019.
Eraiqat will serve as chairman at Al Hilal in addition to his current role at ADCB.
The Abu Dhabi Investment Council, a sovereign wealth fund which combined with Abu Dhabi state fund Mubadala last year, also appointed Amr Saad Al Menhali as chief executive of Al Hilal Bank.