The resignations come even as Abraaj is facing allegations of misusing investor money
NCB said last week that former chief executive Saeed al-Ghamdi had resigned
Khalid Abdullah Al Muhairi has been appointed as the chairman of Abu Dhabi Securities Exchange
The research analysts covered dozens of companies from Central and Eastern Europe, the Middle East, Africa and Turkey
The bank bought a stake in Construction Products Holding for $75m in 2011
Located at the DIFC Gate Village, the development was completed in March
The kingdom implemented the tax at the start of the year
The company is looking to invest in consumer-led sectors and renewable energy
Consolidation has increased across the Gulf banking sector over the past two years
The talks come after Abraaj indicated it may step down as the manager of the fund
The agreement will expand Emirates NBD’s international presence to 13 markets
The futures will begin trading in the third quarter
Banks are still keen to support Abraaj but are worried about the outcome of an investigation into the firm’s alleged misuse of investor money
GFH said the deal would have a positive impact on its Q2 profit
One firm reviewing Abraaj’s operations is said to be discussing its findings with the Dubai Financial Services Authority
Naqvi in February passed the reins of the fund management arm to two new co-chief executives
The programme allows qualifying companies to test new concepts within Dubai International Financial Centre
S&P Dow Jones has been considering a Saudi upgrade for several years but decided against one last year
The bank appointed Saeed al-Ghamdi as chief executive in 2013
The merger is the first major banking tie-up in Saudi Arabia in almost 20 years
Dana’s shares jumped 3.9 per cent on Sunday after news of the deal
The three have been told to correct their activities or face legal action
The acquisition will include Global’s headquarters in Kuwait and its offices in the UAE, Saudi Arabia, Bahrain, Egypt, Jordan and Turkey
The news comes following reports last month that Mubadala pulled out of talks to buy Abraaj’s investment business
The transaction comes just days after the launch of an initiative by Saudi ِArabia’s central bank
The bank will debut its first products next year
GFH disclosed the plans last year as part of a strategy to participate in Saudi Arabia’s privatisation programme
ADX said it was the first sovereign bond to have a primary listing on a UAE and Gulf stock market
Regulators in Malaysia, Singapore, Indonesia and Thailand have also placed Financial.org on alert lists
FAB has made the kingdom one of its priorities for geographic expansion.