Bahrain EDB appoints Khalid Humaidan as new CEO

Khalid Humaidan, chief executive, Bahrain EDB.
Updated 12 September 2019

Bahrain EDB appoints Khalid Humaidan as new CEO

The Bahrain Economic Development Board (EDB) — the investment promotion agency tasked with attracting investment into the country — has announced the appointment of its board member, Khalid Humaidan as chief executive, effective immediately.
Prior to joining the EDB, Humaidan, a Bahraini national, was the head of global markets MEA at BNP Paribas. He has over 20 years of experience working in capital markets and currently serves on the board of Mumtalakat, and until his appointment as chief executive, sat on the EDB’s board from 2014.
Humaidan said: “At a time of rapid shifts in the global economy, the key to our prosperity lies in the rapid adoption of new trends and innovation — as well as strong partnerships between the public and private sector.”

The work of the Bahrain Economic Development Board has brought a range of world-class companies to the country through a forward-thinking approach that combines agility, a strong entrepreneurial ecosystem, and co-ordinated action. Having spent more than 20 years in finance, I look forward to contribute to the next phase of the country’s economic growth and forging even stronger ties with our partners.”


Ras Al-Khaimah to host Mideast’s first ‘business Oscars’

Updated 16 September 2019

Ras Al-Khaimah to host Mideast’s first ‘business Oscars’

The Stevie Awards, known widely as the “business Oscars,” has reached an agreement for a strategic partnership with Ras Al-Khaimah Chamber of Commerce and Industry (RAK Chamber) for the first annual Middle East Stevie Awards to be held in Ras Al-Khaimah in February 2020.
The Middle East Stevie Awards will recognize innovation in the workplace from across 17 MENA countries and the awards program and gala prize-giving ceremony will be held in Ras Al-Khaimah for the first three years and at least every other year thereafter. The announcement was accompanied by a call from Stevie Awards for entries for the inaugural edition.
“Hosting the inaugural edition of the Middle East Stevie Awards here in Ras Al-Khaimah is a significant accomplishment, and another noteworthy milestone to add to the emirate’s successful track record, continuing on the same path of progress that has been taking place across all sectors, in line with the directives of our wise leadership,” said Mohamed Ali Al-Nuaimi, chairman of RAK Chamber.
“I was extremely gratified when the RAK Chamber approached us about partnering with them on a new Stevie Awards program for the Middle East and North Africa,” said Michael Gallagher, founder and executive chairman of the Stevie Awards. “We have recognized the achievements of executives, entrepreneurs, and organizations across the region for many years in our other programs. The time is right for the region to have its own Stevie’s program. We are excited to launch the Middle East Stevie Awards, and look forward to the first gathering of Stevie Award winners in the program in Ras Al-Khaimah in February.”