#Emirates NBD
Profit for the quarter was Dhs5.2bn, roughly in line with analysts’ median estimate of Dhs5.18bn
The banking sector is playing a crucial role in combating climate change by providing green financing and supporting climate initiatives
The country’s banks continue to stand on firm financial ground and are poised to navigate through the broader macroeconomic landscape
The strategic investment in Komgo was made through Emirates NBD’s Innovation Fund, which was set up earlier this year
The lender has reported a net profit as interest income surged amid continued economic momentum in the country
The product offering will enable accessibility for individual investors to bond markets with a minimum investment of $25,000
The bank aims to boost software development, collaboration and customer engagement using tools such as GitHub Copilot X, ChatGPT and MS 365 Copilot
The offering will help the bank’s clients to seamlessly tap global carbon credit markets to support their net zero ambitions and sustainability goals
Strong capital buffers have supported the UAE financial services sector over the years and banks are re-articulating their value proposition to thrive in the new digital environment
The wealth fund said its banking and financial services division, the largest contributor in 2022, generated Dhs15.3bn in net profit
The joint initiative aims to encourage national talent, drive innovation and entrepreneurial growth
Emirates NBD also enjoyed a record quarter for income, which exceeded Dhs10bn for the first time ever
The lender reported a 36 per cent growth in total income, equalling Dhs32.5bn
The issuance is the first dirham-denominated bond by a bank since the creation of a medium-term yield curve by the Ministry of Finance
The lender has also expanded the responsibility of existing senior management team members
The awards celebrated stalwarts and companies from across the region’s business landscape
The initiative aims to support investor participation for upcoming listings
The funding will be deployed to develop Dubai Islands and other waterfront projects
The lender posted total income of Dhs22.7bn, rising 31 per cent year-on-year
UAE’s leading community run for inclusion of people of determination will take place on Saturday, November 19 in Dubai Design District
The H2H implementation has facilitated the automation of treasury cycles and reconciliation processes through scheduled transmissions
The portal grants developers access to a suite of Emirates NBD APIs across six key categories
The bank joins more than 50 global peers who are members of the United for Wildlife Financial Taskforce, which is dedicated to stopping illicit financial flows associated with illegal wildlife trade
The bank is looking for fintechs, digital experience startups and emerging technology players operating to support its immersion into the virtual world
Emirates NBD played a leading role in both the DEWA and TECOM IPOs, delivering customers a fully digital platform
Emirates NBD, through its new talent programme aims to nurture and develop young Emiratis, making them future-ready to support the digital economy
The campaign would encourage more than 300 global technology firms to relocate to the UAE
Total income increased 3 per cent year-on-year to Dhs6.4bn
DEWA said in a statement that the selling commissions would amount to Dhs213.7m
The Emirates NBD Etihad Guest Visa Credit Cards are available as Elevate and Inspire variants