FNG Exclusive… FNG has learned that longtime Noor Capital senior executive Mohallab Alshnaigat has left the company.

Mohallab Alshnaigat had been with the UAE based CFDs broker for more than a decade, joining as a Senior Relationship Manager in 2014 before several promotions led to him being named Head of Sales in 2023.

Noor Capital is part of UAE based conglomerate Al Sayegh Brothers Group, headed by Abu Dhabi businessman Abdul Jabbar Al-Sayegh. The Al Sayegh’s main business is consumer electronics, importing LG and Hitachi products to the UAE. Noor Capital has been operating since 2005, offering online trading on MT4/MT5 to a mainly Arabic speaking client base. In 2023 the company expanded to the UK acquiring FCA regulated broker House of Bourse, now renamed Noor Capital UK. Noor Capital has been run since 2016 by CEO Mohammed Ghousheh, who was CFO of Noor from 2007-2016.