UAE stocks regulator board appoints acting chief executive -sources

The board of the United Arab Emirates federal stock market regulator has appointed Obeid al Zaabi as acting chief executive to take over from Abdullah Al Turifi, who stepped down in October, three sources told Reuters on Sunday. Zaabi, who was deputy chief executive for licensing, supervision and enforcement at the Securities and Commodities Authority (SCA), was appointed as temporary head of the organisation on Thursday, three sources aware of the matter said, speaking on condition of anonymity