ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »Bigger MSCI weighting for merged UAE banks
ABU DHABI / WAM The merger of the National Bank of Abu Dhabi (NBAD) and the First Gulf bank (FGB) will leave the newly integrated entity with a larger representation on the MSCI Emerging Markets index, triggering massive cash inflows to the stock, according to Rashid Al Baloushi, CEO of Abu Dhabi Securities Exchange (ADX). Speaking to Emirates News ...
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