Emirates NBD PJSC (EMIRATESNBD)

Dubai – Mubasher: Emirates NBD Capital, the investment banking arm of Emirates NBD, has arranged a $500 million syndicated revolving credit facility (RCF) for Lenovo Group Limited. The facility marks Lenovo's first entry into the Middle East …

Cairo – Mubasher: Emirates NBD-Egypt, a subsidiary of DFM-listed Emirates NBD, opened its newest branch in Qena Governorate within its expansion strategy to offer a comprehensive scope of services, according to a press release. The inauguration …

Dubai – Mubasher: The Saudi arm of Emirates NBD has signed an agreement with Emirates to launch the Fly Now, Pay Down the Line initiative to offer a zero-interest instalment plan for customers in the kingdom. The new feature will enable customers …

Cairo – Mubasher: Emirates NBD-Egypt, a subsidiary of DFM-listed Emirates NBD, achieved net profits valued at EGP 3.24 billion in 2023, an annual leap of 174% from EGP 1.20 billion. The registered profits marked the highest annual growth rate in …

Dubai – Mubasher: The annual general meeting of Emirates NBD approved, on 21 February, the board’s proposal to disburse cash dividends amounting to AED 7.57 billion for 2023. Eligible shareholders will receive a dividend of AED 1.20 per share, …

Cairo – Mubasher: Emirates NBD-Egypt, a subsidiary of DFM-listed Emirates NBD, penned a medium-term loan agreement worth EGP 400 million with Abu Dhabi Islamic Finance (ADIFinance), the leasing arm of Abu Dhabi Islamic Bank (ADIB). In line with …

Cairo – Mubasher: Emirates NBD-Egypt, a subsidiary of listed Emirates NBD, has inaugurated its latest branch in Zagazig city in line with the lender’s plans to boost its banking services. Located in Sharqia Governorate, the new branch is the …

Cairo – Mubasher: Mastercard and Emirates NBD-Egypt, a subsidiary of the UAE-listed Emirates NBD, teamed up to reinforce the payments industry and enhance the digital banking experience for customers. Mastercard will back Emirates NBD-Egypt’s …

Dubai – Mubasher: Emirates NBD recorded a 65% growth in net profit after tax to AED 21.52 billion in 2023 from AED 13.01 billion in 2022. The earnings per share (EPS) soared to AED 3.32 last year when compared with AED 1.98 in 2022, according to …

Dubai – Mubasher: Emirates NBD signed an agreement with Ras Al Khaimah Municipality to offer escrow services, backing the growth of the UAE real estate market amid increasing demands for homes. The strategic partnership will enable the DFM-listed …

Cairo – Mubasher: Emirates NBD-Egypt, a subsidiary of listed Emirates NBD, inked a strategic partnership agreement with GV Developments, according to a press release. Under the deal, the two entities will join forces to enhance the Tarboul …

Cairo – Mubasher: Emirates NBD-Egypt, a subsidiary of the UAE listed Emirates NBD, witnessed an increase of up to 5.30% in its interest rates for the existing three- and five-year USD certificate of deposits. The certificate aims to attract dollar …

Riyadh – Mubasher: Leejam Sports Company (Fitness Time) inked a Sharia-compliant credit facilities agreement valued at SAR 150 million with Emirates NBD on 21 December 2023. The facilities include a short-term loan to finance the company’s working …

Cairo – Mubasher: Emirates NBD–Egypt has opened a new branch in the Shebin El-Kom city in Al Menoufia Governorate, according to a press release. The inauguration aligns with the lender’s expansion plans to boost its presence in the market and …

Dubai – Mubasher: The carbon credits trading pilot programme by Dubai Financial Market (DFM) was launched on 5 December 2023, where institutional investors will be able to buy and sell until 11 December. Making its debut at the 28th UN Climate …

Dubai – Mubasher: Erguvan, a climate and fintech venture that Emirates NBD recently invested in, launched a pilot programme to deploy its carbon management solution Azalt among regional small and midsize enterprises (SMEs). The project was …

Dubai – Mubasher: Emirates NBD reported a 92% year-on-year (YoY) surge in net profit to AED 17.49 billion during the first nine months (9M) of 2023, versus AED 9.09 billion. Total operating income hiked by 44% YoY to AED 32.71 billion in …

Dubai - Mubasher: Emirates NBD has initiated a digital wealth platform within its newly launched ENBD X mobile application to allow trading securities and exchange-traded funds (ETFs) on global and local exchanges, according to a press release. …

Dubai – Mubasher: Emirates NBD has teamed up with CoriolisESG by TradeSun, the world's first automated environmental, social, and governance (ESG) scoring solution, according to a press release. The partnership aims to enhance the group’s …

Dubai – Mubasher: Emirates NBD has made a strategic equity investment in Erguvan, a climate and fintech venture that provides financial institutions and corporations with digital infrastructure, according to a press release. The transaction was …

Dubai – Mubasher: Emirates NBD has recently launched a sustainability-themed accelerator programme to support sustainable banking solutions for the future. The initiative, dubbed SustainTech Accelerator Program, aims to help green fintechs develop …

Dubai – Mubasher: Emirates NBD registered a 34% increase in lending facilities towards small and medium enterprises (SMEs) in the UAE, according to a press release. In line with its objectives to boost the SME industry and the national economy, …

Dubai – Mubasher: Emirates NBD has invested in Switzerland-based software development and technology services firm Komgo through the lender’s Innovation Fund, according to a press release. Established earlier in 2023, the fund aims to reinforce …

UAE – Mubasher: Six UAE lenders contributed to green financing with a total of AED 190 billion ($51.80 billion) by the end of 2022, the UAE Banks Federation (UBF) announced. The lenders are First Abu Dhabi Bank (FAB), Abu Dhabi Commercial …

Dubai – Mubasher: Emirates NBD achieved net profits after tax worth AED 12.30 billion in the first half (H1) of 2023, an annual leap of 130% from AED 5.30 million. The total income reached AED 21.30 billion in H1-23, marking a 50% year-on-year …