Nabeel Bin Salamah
Zain’s new CEO certainly has a full in-tray, given Bharti Airtel’s $9bn offer for the telco’s African assets. At times like this, it pays to be well-connected.
February 20, 2010 11:06 by kippreport
In January 2009, the Emir of Kuwait, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, approved Nabeel Bin Salamah’s position as part of a new 15-member cabinet in Kuwait.
The notoriously scrappy Kuwait cabinet had resigned the previous November, following a power struggle with the government. Nabeel Bin Salamah, who was appointed minister of communications, electricity and water, was one of only two new faces in the revised cabinet.
Sheikh Sabah was sworn in as Emir in 2006, and is (obviously) highly influential in Kuwaiti business. The Kuwait 2010 report by Oxford Business Group highlights the “resilience that the country has shown in the face of the financial crisis and drop in oil prices”. Kuwait recently approved a $104.3 billion development plan aimed at decreasing its dependence on oil.