Ba'alawy said, "It was a great honour for me to participate in Dubai's evolution as a key financial centre. I am also grateful for having been given the opportunity to take forward the growth of the exchanges. I believe they have reached high levels of maturity today and therefore, I am now ready to focus on Dubai Group."
Ba'alawy has been heading Dubai Group since its inception in 2000. His latest decision will not impact his status as member of other boards.
Dubai Holding is a shareholder in Borse Dubai, which in turn owns shares in NASDAQ Dubai, NASDAQ OMX Group and Dubai Financial Market.
Browse
related articles
Soud Ba'alawy to focus on Dubai Group resigns from the Financial Exchanges
- United Arab Emirates: Sunday, November 29 - 2009 at 09:47
- PRESS RELEASE
Related content
Dubai Holding announced that Soud Ba'alawy, Executive Chairman of Dubai Group, has decided to resign from his post as Chairman of NASDAQ Dubai. Mr. Ba'alawy will also resign his seats on the boards of the NASDAQ OMX Group, Dubai Financial Market and Borse Dubai to focus more closely on his core role at Dubai Group, the leading diversified financial services company of Dubai Holding.
Article Options
Log in to request more information from Dubai Holding
Posted by Rana MesbahSunday, November 29 - 2009 at 09:47 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Notes and Media Contacts »
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
