Dubai: The Non-performing Debt Relief Fund announced on Monday that 12 banks had waived the debts of 1,607 Emirati citizens, with a total value of more...
(WAM) — Emirates NBD has completed successful migration of its customer base to the Smart Pass service to support safer digital transactions. The roll out of...
(WAM) — Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, today rang the market-opening bell at Nasdaq Dubai to celebrate the listing...
(Bloomberg) — Two of Dubai’s biggest banks bought loans made to DXB Entertainments PJSC from other regional lenders as part of plans by its majority owner to...
The UAE’s Central bank has said that it was closely monitoring the financial sector after banks in the country cut jobs by letting go of hundreds...
Dubai’s largest bank is selling ‘kangaroo’ bonds with a 10-year maturity, according to media sources. Emirates NBD has hired ANZ, Emirates NBD Capital, Mizuho and Nomura...
(Bloomberg) –Dubai’s biggest bank is going after a plot of land in the city’s financial hub that belongs to debt-laden Al Jaber Group. Emirates NBD PJSC...
Dubai’s largest lender Emirates NBD Bank raised an additional capital of AED 6.45 billion by issuing new shares with an over-subscription of approximately 2.8 times. The net proceeds...
(Bloomberg) –Standard Chartered Plc is becoming the recruitment ground for Dubai’s biggest bank. Emirates NBD PJSC on Monday said it hired Patrick Sullivan from the London-based...
Dubai’s biggest bank Emirates NBD posted a 63 per cent net profit surge to AED 12.5 billion in the last nine months. The results include a AED 4.4...
