Emirates NBD PJSC News - Mubasher Info
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02 June 04:59 PM

Emirates NBD PJSC (EMIRATESNBD)

Last update: 02:58 PM market time.
26.94
-0.46
-1.68%
Open 27.04
Previous Close 27.40
High 27.50
Low 26.84
Stock Statistics
Volume 1,719,929
Turnover 46,422,736.42
All data are 15 minutes late during market session

News

The Dubai-listed bank declined to comment
12 August 2018 06:48 PM Emirates NBD keeps close eyes on Turkish situation
Dubai – Mubasher: Emirates NBD has stated that it is “closely monitoring” the economic situation in Turkey. According to Reuters, the Dubai-listed bank declined to comment on reports about the renegotiation of a $3.2 billion deal to acquire …
Banking and Finance
The optimistic sentiment was still high
12 August 2018 01:38 PM UAE non-oil private sector hit 3M low; demand surges in July – Report
Dubai - Mubasher: The UAE’s non-oil private sector activity marked a three-month low in July on the back of slower output and work orders, leading to lower business confidence, according to a recent survey sponsored by Emirates NBD and produced by …
Macroeconomics
Egyptian non-oil private sector firms reported a robust volume of new business
12 August 2018 10:53 AM Egypt non-oil private sector sees upturn in July – PMI
Cairo – Mubasher: Egypt’s non-oil private sector has improved in July, hitting an eight-month high on the back of an increase in new orders and exports. The headline seasonally adjusted Emirates NBD Egypt Purchasing Managers’ Index (PMI) rose to …
Sector Reports
This growth stemmed from the increase in loans
19 July 2018 09:37 PM DFM-listed banks achieve higher profits in H1
By: Mahmoud Gamal Dubai – Mubasher: The banks listed in the Dubai Financial Market (DFM) have reported higher growth in net profit during the first six months of 2018, exceeding the expected increases, on the back of the decline in bad debt …
Banking and Finance
The bank’s total income increased by 13% to AED 8.451 billion in H1
18 July 2018 11:04 AM Emirates NBD profit rises 29% in H1
Dubai – Mubasher: Emirates NBD on Wednesday reported a 29% year-on-year rise in net profit for the first half of 2018, recording AED 5.018 billion from AED 3.894 billion. The bank’s total income increased by 13% to AED 8.451 billion in the …
Financial Results
Abraaj’s troubles began after allegations of money misuse
16 July 2018 00:57 PM Emirates NBD unveils AED 143m exposure to Abraaj
Dubai – Mubasher: Emirates NBD has announced its exposure to The Abraaj Group through an AED 78.24 million ($21.3 million) investment in the ailing private equity firm’s asset management business. The Dubai-listed company also revealed an AED …
Companies Investments
Positive sentiment grew in the UAE non-oil private sector in June
3 July 2018 03:11 PM UAE non-oil private sector marks fresh high in June - PMI
Dubai – Mubasher: The UAE’s non-oil private sector activity accelerated to the greatest extent in June since the beginning of this year, helped by strong inflows of new business and output growth. The headline seasonally adjusted Emirates NBD UAE …
Macroeconomics
The partnership with Emirates NBD is in line with Amwal's nonstop effort to provide customers with superior services
19 June 2018 02:40 PM Emirates NBD to provide clearing services to Amwal Brokerage
Dubai - Mubasher: Emirates NBD has signed an agreement with Amwal Brokerage under which the UAE-based bank will provide Amwal with its settlement and clearing services. In 2017, the UAE Securities Commodities Authority (SCA) approved Emirates …
Companies Investments
This increase was the effect of the improvement of business conditions
5 June 2018 01:13 PM UAE non-oil sector sees higher demand, output in May
Dubai - Mubasher: The headline seasonally adjusted Emirates NBD UAE Purchasing Managers’ Index (PMI), an indicator of non-oil private sector’s operative conditions, levelled up to 56.5 points in May from 55.1 a month earlier. This increase was the …
Macroeconomics
Emirates NBD has added several clients to its growing portfolio
3 June 2018 01:50 PM Emirates NBD inks deal with Pioneers Waseet Securities
Dubai - Mubasher: Emirates NBD has signed an agreement with the UAE-based Pioneers Waseet Securities as a trading member to avail the bank’s settlement and clearing services. The Securities and Commodities Authority (SCA) has approved the leading …
Companies Investments
Moody's kept a negative outlook on Denizbank’s long-term deposit rating
23 May 2018 04:33 PM Moody's affirms Emirates NBD rating with stable outlook
Dubai – Mubasher: Moody's Investors Service has affirmed the long- and short-term foreign currency deposit ratings of Emirates NBD and Turkey’s Denizbank A.S. at A3/Prime-2 and Ba3/NP, respectively. The international rating agency also affirmed …
Ratings
Denizbank is considered the fifth largest bank in Turkey
22 May 2018 11:46 AM Emirates NBD to buy equity in Turkey’s Denizbank
Dubai – Mubasher: Emirates NBD has signed an agreement to purchase the 99.85% stake of Sberbank of Russia in the Turkish bank Denizbank. Following this agreement, the Russian bank will no longer be a shareholder in Denizbank. This 99.85% equity is …
Companies Investments
Net interest margins are improving
20 May 2018 04:27 PM Ubhar capital sets target prices for Emirates NBD, ADCB
Abu Dhabi – Mubasher: Credit growth is expected to increase in 2018-2021 backed by the growth in economic output and liquidity. Net interest margins are improving on the back of increased yields, while operating income saw limited growth and cost …
Ratings
Input prices increased during April
9 May 2018 03:04 PM Dubai’s non-oil private sector slows down; employment recovers in April
Dubai – Mubasher: Dubai’s non-oil private sector showed the slowest growth since October 2016 in April due to a sluggish growth in wholesale and retail, and travel and tourism sectors. Emirates NBD Dubai Economy Tracker Index, an indicator of the …
Macroeconomics
The flourishing economy boosted employment
3 May 2018 01:39 PM UAE's inflation, employment, morale go up in April – PMI
Dubai - Mubasher: Emirates NBD UAE Purchasing Managers’ Index (PMI), an indicator of the non-oil sector’s conditions, went up to 55.1 in April versus 54.8 in March, which reflects an economic improvement. Production saw a rapid growth last month, …
Macroeconomics
Net interest income grew to AED 2.524 billion in Q1-18
18 April 2018 10:57 AM Emirates NBD Q1 profit rises 27%
Dubai – Mubasher: Emirates NBD on Wednesday reported a 27% year-on-year surge in net profits for the first quarter of 2018. Net profit amounted to AED 2.39 billion during the three-month period ended last March, compared to AED 1.87 billion in the …
Financial Results
Emirates NBD KSA provides a variety of services
16 April 2018 06:11 PM Emirates NBD expands presence in Saudi Arabia
Dubai – Mubasher: Emirates NBD has inaugurated its first branch in Saudi Arabia in Jeddah as part of a huge expansion plan. The Dubai-listed bank is planning to open two more branches in Khobar and Riyadh, which makes its network in the largest …
Companies Investments
The two-day event will be attended by major companies
15 April 2018 02:49 PM DFM to launch Int’l Investor Roadshow in New York early May
Dubai - Mubasher: The Dubai Financial Market (DFM) has announced that it will hold its International Investor Roadshow on 2-3 May 2018 in New York in collaboration with Bank of America Merrill Lynch (BofAML). The grand event has created an …
Event
Emirates NBD has registered around one million leaves
15 April 2018 02:19 PM Emirates NBD launches Cheque Chain service
Dubai – Mubasher: Emirates NBD has introduced Cheque Chain service in a bid to integrate blockchain technology and minimise potential fraud. The new service will also enhance security standards both within Emirates NBD Group and across the UAE …
Banking and Finance
The Turkey-based commercial bank has completed all the required transactions
11 April 2018 02:03 PM Emirates NBD still in talks over buying $5.3bn Turkey's Denizbank
Dubai – Mubasher: Emirates NBD is still negotiating with Russian Sberbank to acquire a majority stake in its Turkish unit, Denizbank, in consideration of $5.3 billion (AED 19.47 billion). The Turkey-based commercial bank has completed all the …
Mergers and Acquisitions
Dubai’s non-oil private sector sees business improvement in March despite job shedding
9 April 2018 09:19 AM Dubai’s non-oil private sector sees business improvement in March despite job shedding – Emirates NBD
Dubai – Mubasher: The emirate of Dubai enjoyed an improvement in business conditions in its non-oil private sector in March. Output and new work registered a “sharp growth” supporting the emirate as a whole. Despite that, “employment slipped into …
Sector Reports
Emirates NBD approved 40% cash dividends for 2017
27 March 2018 08:29 PM Emirates NBD OGM nods to 40% cash dividends for 2017
Dubai – Mubasher: Emirates NBD ordinary general meeting (OGM) on Tuesday approved a cash dividend of 40% or at 40 fils per share for 2017. The total value of the distributions will amount to AED 2.223 billion, the Dubai-based bank said in a …
Banking and Finance
Basel III requirements entail higher liquidity
18 March 2018 07:50 PM UAE banks to see AED 4b capital increase
By: Mahmoud Gamal Dubai – Mubasher: Banks operating in the UAE are at pains to increase their capital, coinciding with forecasts regarding raising key interest rates gradually in 2018. Three UAE-listed banks unveiled plans to increase their …
Corporate Actions
The UAE-based bank will repurchase the bonds on 28 March 2018
14 March 2018 11:49 AM Emirates NBD to buy back $750m bonds
Dubai – Mubasher: Emirates NBD on Wednesday announced that it will repurchase bonds worth $750 million. Dubai's largest bank will notify the holders of the notes maturing in 2023, according to a filing to the Nasdaq Dubai Exchange. The buyback of …
Bonds
Emirates NBD’s stock made up 42% of the DFM’s total turnover
11 March 2018 01:43 PM Emirates NBD nears 2-yr record high Sunday
Dubai – Mubasher: Emirates NBD rose on Sunday, closing on its highest level in almost two-and-a-half years. By 1:15 pm UAE time, the Emirates NBD’s stock surged 11.36% to AED 9.80 on the Dubai Financial Market (DFM), recording its highest level …
Trading Activities