The document said the weightings of eight stocks would be reduced “as they may pose accessibility issues to international institutional investors”.
NBAD’s chief executive said fierce competition combined with global interest rate pressure was starting to drive down the profitability of lending.
Company officials previously said there might be a dual listing on Nasdaq Dubai, the smaller of the emirate’s two exchanges, and London.
The German airline had said last month it was in talks over certain options that prompted speculation that Etihad could gain more control over the carrier.
The bank posted net profit of Dhs1.41 billion ($383.9 million) in the first three months of 2014.
The bank made a net profit of 3.1 million rials ($8.1 million) in the opening three months of 2014, compared to 5.7 million rials in the same period of 2013.
The agreement with Indian businessman Mohan Valrani will see the creation of two primary schools and two secondary schools.
At present, investors wishing to raise their stake in a firm to more than 30 per cent must offer to buy all of its shares under the same price and conditions.
The fund is most likely to be Mubadala, sources said, given that it already has telecommunications assets and an existing partnership with Etisalat in Africa.
The changes are part of plans to introduce at least two new rules covering the stock exchanges every year, a top official said.
The company’s revenue for the quarter also rose 6 per cent year-on-year.
The implementation of measures against financial crime is of growing importance in the region, a new KPMG survey says.
The firm made a profit of 206.3 million riyals ($56.66 million) in the three months to March 31.
Investors subscribed Dhs10 billion ($2.7 billion) to the fixed offer of 275 million shares in Marka , which were priced at Dhs1 each.
Arab bankers said they expect to see global banks moving increasingly to sell Middle East retail units or merge subsidiaries with other banks.
Emirates NBD is Dubai World’s biggest creditor with an exposure of more than Dhs9 billion($2.5 billion), against which it has set aside provisions of five per cent
Mohammed al-Omar’s resignation as CEO is linked to wider management changes at KFH, one of the sources said.
The lender made a net profit of Dhs1.04 billion ($283.7 million) in the three months to March 31, a statement from the bank said.
Net profit for the opening three months of the year was 432.4 million riyals ($118.8 million) , a company statement said.
The bank’s operating profit reached Dhs151.1 million, up 18.8 per cent year-on-year.
The company will use available funds to repay the amount, which is the remainder due on a $555 million facility maturing in December 2015.
The lender made a net profit of Dhs1.33 billion ($362.1 million) in the three months ending March 31.
The exchange made Dhs215.1 million ($58.6 million) in the opening three months of 2014, compared to Dhs27 million in the same period last year.
The sources said it was currently unclear if STC was looking to complete a sukuk issue in the local Saudi market.
The 10-year loan is the first such facility agreed between ADCB and NIC.
The government’s holding in the operator will drop to 51 per cent following the completion of the second and final part of the share sale.
The company posted a net loss of 8.2 million Kuwaiti dinars ($29.2 million) for the 2013, against a 3.3 million dinar loss a year earlier.
The company said its profit for the three months to March 31 would likely be Dhs265 million ($72.2 million).
UAE lender beats analyst expectations in the first quarter.
Head of Oman’s Central Bank says infrastructure projects are generating economic activity.