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News Briefs (27-06-2019)

June 27, 2019 00:00:00

Mahtabur Rahman re-elected as chair of NRB Bank

Mahtabur Rahman has been re-elected as Chairman of NRB Bank. Mr. Rahman, a seasoned businessman and well versed in a broad range of trade ventures around the world hails from Sylhet. Born in 1958, he completed his education there itself and pursued with passion his traditional family owned business, which was established in the holly city of Makkah, Kingdom of Saudi Arabia in the year 1970. He is currently the Chairman & Managing Director of Al Haramain Perfumes Group of Companies. He is the founder President of Bangladesh Business Council in Dubai and the NRB CIP Association in Bangladesh. Mr. Rahman is also the sponsor of Sheikh Khalifa Bin Zayed Bangladesh Islamia (Pvt) School in Abu Dhabi, UAE.He is Chairman of Al Haramain Tea Co Ltd and Al Haramain Hospital Pvt Ltd in Bangladesh.He is also the Trustee of the University of Asia Pacific & Beani Bazar Cancer Hospital in Bangladesh. Mr. Mahtabur Rahman has recently been awarded the prestigious UAE "Gold Card" residency visa by the Government of UAE. Mr. Rahman was ranked the top Commercially Important Person (CIP) for 5 consecutive years from 2012, 2013, 2014, 2015 and 2016 by the Government of Bangladesh and also was awarded the prestigious 'Bangladesh Bank Remittance Award' consecutively for 5 years.— Statement

US stocks gain as market awaits G20 talks

NEW YORK, June 26, 2019: After two down days, Wall Street stocks climbed early Wednesday ahead of a crucial US-China trade encounter at this week's Group of 20 summit in Japan. US Treasury Secretary Steven Mnuchin said he was looking forward to the G20 talks, but alluded to the halting state of the negotiations in the months-long dispute. — AFP

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