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July 2018

Baharain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the kingdom, has appointed Basim AlSaie as the new chairman of the board of Gulf Aluminium Rolling Mill Company (Garmco). Garmco, the first and one of the largest downstream aluminium facilities in the Middle East, is 37.29 per cent owned by Mumtalakat.






July 2018

RUDI VAN NIEKERK has been appointed GAC Nigeria’s new managing director, charged with the continuing development of its core shipping and liner agency business and building on four decades operational presence in the country. Prior to his appointment, Niekerk served as regional business controller for GAC’s Africa regional office.






July 2018

Gulf Craft, a leading global builder of luxury yachts and leisure boats, has appointed Gregory Yeakle as its new chief executive officer (CEO). Yeakle succeeds Erwin Bamps who held the position for the past four years and has now moved on to a new role as advisor to the board for international matters, said a statement from Gulf Craft.






July 2018

Baharain Mumtalakat Holding Company (Mumtalakat) has appointed Amin Al Arrayed, an real estate industry veteran, as the new chief executive of its unit Bahrain Real Estate Investment (Edamah).






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