Emirates NBD PJSC (EMIRATESNBD)

Riyadh – Mubasher: Middle East Pharmaceutical Industries Company (Avalon Pharma) secured a Sharia facility amounting to SAR 70 million from Emirates NBD on 8 July 2024. The Saudi company obtained the loan for one year to finance its operations, …

Riyadh – Mubasher: The Saudi Paper Manufacturing Company obtained a Sharia facility deal worth SAR 150 million from Emirates NBD on 3 July 2024. In line with its growth strategy and plans, the listed firm will use the loan to back its cash …

Dubai – Mubasher: MENAT-focused banking group Emirates NBD has entered into an exclusive partnership with CARS24 to elevate the customer car buying and auto financing journey in the UAE, according to a press release. This is the first-of-kind …

Mubasher: Emirates NBD and Jarir Marketing Company (Jarir Bookstores) inked a cooperation agreement to enhance the customer experience by offering exclusive services and benefits to their clients. The joint deal aligns with the two entities’ …

UAE- Mubasher: Emirates NBD has partnered with Citi to introduce a new USD cross-border clearing service in the Middle East. Emirates NBD will be the first bank to utilise Citi’s 24/7 USD Clearing service, offering round-the-clock cross-border …

Cairo – Mubasher: Emirates NBD-Egypt, a subsidiary of UAE-based Emirates NBD, generated EGP 1.10 billion in net profit during the first quarter (Q1) of 2024. The registered net profits were higher by EGP 128.70 million (13.30%) than EGP 964.70 …

Dubai – Mubasher: Emirates NBD recorded an annual hike of 67% in net profit to AED 6.71 billion during the first quarter (Q1) of 2024, versus AED 6.02 billion. Total operating income amounted to AED 10.66 billion as of 31 March 2024, up from AED …

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. …