#Emirates NBD

Dubai’s Tecom courts investors after lining up banks for IPO

A listing could come as soon as the middle of this year

Dubai’s Emirates NBD’s net profit rises by 34 per cent to Dhs9.3bn in 2021

The bank’s total income was Dhs23.8bn, a 3 per cent rise over the previous year

UAE Central Bank

UAE bank deposits grew 80 per cent in 10 years

The number of commercial banks operating in the UAE totalled 58 in 2020 against 51 in 2010

Emirates NBD

Dubai’s Emirates NBD nine-month profit rose an annual 29% to Dhs7.3bn

The bank reported a nine-month total income of Dhs17.3bn as compared to Dhs18.3bn in the previous year

Dubai’s Emirates NBD signs $750m financing facility with Emirates Airline

Emirates NBD acted as bookrunner, mandated lead arranger and global agent for the transaction

Dubai’s Emirates NBD to expand presence in India with approval for two new branches

The new branches will be in Gurugram and Chennai

Expo 2020 Dubai Emirates NBD

Emirates NBD offers employees one week paid leave to volunteer for Expo 2020 Dubai

The Dubai-headquartered bank is the Official Premier Partner of Expo 2020 Dubai

Emirates NBD Group, Expo 2020 Dubai and Mastercard launch new card programmes

The limited-edition cards are designed to enhance the Expo 2020 Dubai experience for both residents and visitors

Emirates NBD

Dubai’s Emirates NBD reports 17% year-on-year rise in net profit for H1 2021

Total income declined 9 per cent year-on-year to Dhs11.54bn

Emirates-NBD

Emirates NBD lists $750m bond on Nasdaq Dubai

Emirates NBD the largest financial services bond issuer on Nasdaq Dubai through seven listings with a total value of $5.1bn

Emirates NBD

Dubai’s top bank is said to raise Gulf’s first sustainable loan

Emirates NBD has about $5.7bn of debt maturing this year, according to data compiled by Bloomberg

Emirates NBD

Dubai’s Emirates NBD reports a 52% slide in net profit for 2020

Total income of Dhs23.2bn improved 4 per cent year-on-year

Banks erase debt worth Dhs869.85m of 1,607 Emiratis

The move was implemented as per the directives of the UAE President Sheikh Khalifa bin Zayed Al Nahyan

Emirates NBD

Dubai’s Emirates NBD records 55% net profit dip for first nine months of 2020

Total income for the first nine months of 2020 amounted to Dhs18.27bn

Emirates NBD

Dubai’s Emirates NBD launches new digital supply chain financing platform

The smartSCF platform will provide automated tools to optimise working capital and reduce transaction costs

Why GCC banks and fintech startups must realign their interests for greater good

Traditional lenders and fintech players can grow simultaneously, offering customers a myriad of services

The role of GCC banks in promoting regional economic growth

Evolution of the regional banking ecosystem has propelled economic growth in recent years, and continues to progress apace

Emirates NBD

Dubai’s Emirates NBD signs MoU with Bank Leumi Le-Israel

Bank Leumi currently holds approximately 30 per cent market share in the Israeli banking system

Emirates NBD

Dubai’s Emirates NBD enters into MoU with Israel’s Bank Hapoalim

The agreement will allow Israeli clients to transact directly in the UAE

Emirates NBD, DMCC partner to ease payment process for freezone members

A zero per cent credit card installment plan has been introduced for a wide range of DMCC services

Top Dubai, Israeli banks seek to cooperate after peace deal

Discussions between Bank Leumi and Emirates NBD Bank are at an early stage and no final decisions have been made

Top UAE banks signal slow recovery for Q3 2020 – report

Second-quarter net profit for UAE-based top banks jumps 21 per cent

Market cap of UAE-listed companies crosses Dhs1 trillion mark

On August 19, the listed public joint stock companies booked Dhs11.7bn in gains

Dubai’s Emirates NBD lists $750m bond on Nasdaq Dubai

The perpetual bond is callable after six years and pays a coupon of 6.125 per cent

Emirates NBD posts 45% dip in net profit for H1 2020

Net interest income worth Dhs9.3bn improved 36 per cent year-on-year in H1 2020

Dubai’s Emirates Islamic offers incentives to UAE healthcare professionals

The bank is offering the Skywards Infinite Card, Etihad Guest Premium Credit Card, and the free for life Cashback Plus Visa Signature Credit Card and RTA Credit Card to healthcare professionals

No acquisition by US-based bank, clarifies Dubai lender Emirates NBD

The bank stated that 101,731,408 of its shares were purchased by 254 unique investors on May 28

Bank of America acquires stake in Dubai’s Emirates NBD

The acquisition of a 100 million shares is worth around Dhs900m

Revealed: Top 10 companies in the Middle East in 2020

In this year’s Forbes list of the Middle East’s Top 100 Companies 2020, Saudi Arabia led the pack with 33 entries