Emirates NBD PJSC News - Mubasher Info
Qatar
Mubasher TV
 Contact Us Advertising   العربية
Qatar
QE Closed
05 April 04:39 AM

Emirates NBD PJSC (EMIRATESNBD)

Last update: 3 April 02:55 PM market time.
28.20
-0.10
-0.35%
Open 28.40
Previous Close 28.30
High 28.45
Low 27.65
Stock Statistics
Volume 621,135
Turnover 17,426,198.40
All data are 15 minutes late during market session

News

Photo Archive
26 January 2022 10:02 AM Emirates NBD sees 34% higher profits in 2021; rise in dividends proposed
Dubai – Mubasher: The net profits attributable to the equity holders of Emirates NBD jumped by around 34% to AED 9.297 billion in 2021, compared to AED 6.959 billion in 2020, according to the bank's consolidated financials for the year ended 31 …
Financial Results
Photo Credit: WAM
27 December 2021 00:18 PM Emirates NBD enters MoU for UAE Trade Finance Gateway project
Dubai – Mubasher: Emirates NBD and Crediti Fintech signed a memorandum of understanding (MoU) with Etihad Credit Insurance (ECI) to be part of implementing the UAE Trade Finance Gateway project, state-run news agency WAM reported on Monday. The …
Banking and Finance
Photo Archive
26 December 2021 10:30 AM Emirates NBD transfers controlling interest in Dubai Bank to Eradah
Dubai – Mubasher: Emirates NBD has transferred a controlling interest in Dubai Bank to Eradah Capital, according to a bourse filing on Sunday. Last week, the shareholders of Zand, the first digital bank to provide both retail and corporate …
Banking and Finance
Photo Archive
21 December 2021 05:07 PM Emirates NBD, Amazon Alexa offer voice banking in UAE
Dubai – Mubasher: Emirates NBD has announced its new voice banking service in the UAE in cooperation with Amazon Alexa. Emirates NBD’s customers in the UAE will be able to reach the Amazon Alexa App on both iOS App and Google Play stores, …
Companies Investments
Photo Archive
16 December 2021 04:59 PM ENBD REIT refinances debt through $200m syndicated facility
UAE - Mubasher: ENBD REIT has refinanced its entire existing debt through a $200 million syndicated Shari’a compliant Murabaha facility with  Emirates NBD and the Commercial Bank of Dubai (CBD). Emirates NBD Capital, the investment banking arm of …
Companies Investments
The bank's assets rose to AED 699.067 billion
20 October 2021 09:54 AM Emirates NBD sees 29% higher profits in 9M
Dubai – Mubasher: The consolidated interim financials of Emirates NBD reported AED 7.285 billion net profits attributable to the equity holders during the first nine months of 2021, up 29% from AED 5.64 billion in the year-ago period. The bank's …
Financial Results
Emirates NBD acted as a bookrunner
5 October 2021 11:57 AM Emirates NBD inks $750m financing facility with Emirates Airline
Dubai – Mubasher: Emirates NBD has inked a five-year dual-tranche financing facility worth $750 million with Emirates Airline. The facility is the first transaction signed by Emirates as a sales-receivable backed financing structure to diversify …
Banking and Finance
The bank will open a full-service branch in Gurugram and Chennai
5 October 2021 10:10 AM Emirates NBD to establish two additional branches in India
Dubai - Mubasher: Emirates NBD is planning to further expand in India after obtaining approval from the Reserve Bank of India (RBI) to inaugurate two additional branches. The bank will open a full-service branch in Gurugram and Chennai to offer …
Banking and Finance
Spend per active card has increased by 67% year over year
21 September 2021 00:00 PM Emirates NBD records 34m contactless transactions
Dubai – Mubasher: Emirates NBD has registered 34 million contactless transactions in eight weeks as part of its 'Get Together. Go Contactless' campaign. In partnership with Visa, the bank has launched the campaign to accelerate the adoption of …
Banking and Finance
Emaar is considering a number of options to sell Namshi
13 September 2021 02:26 PM Emaar selects Emirates NBD as advisor to sell Namshi
Dubai – Mubasher: Emaar Properties has selected Emirates NBD as its advisor to sell the fashion e-commerce business Namshi, sources told Reuters. Emaar is considering a number of options to sell Namshi, including a listing abroad through a special …
Companies Investments
Moody's has also affirmed the bank's baseline credit assessment
24 August 2021 02:40 PM Moody's affirms Emirates NBD's long-term deposit ratings, changes outlook to stable
Dubai – Mubasher: Moody's Investors Service (Moody's) has affirmed the A3 long-term foreign and local currency deposit ratings and A3 senior unsecured rating of Emirates NBD, changing the outlook to stable from negative. Moody's has also affirmed …
Ratings
DMCC will help strengthen the bank's financial products to UAE diamantaires
23 August 2021 11:07 AM Emirates NBD partners with DMCC to foster Dubai diamond industry finance
UAE - Mubasher: Emirates NBD has partnered with the Dubai Multi Commodities Centre (DMCC) to foster the Dubai diamond industry's finance and double the bank's diamond financing book in the UAE by 2025. Through this collaboration, Emirates NBD and …
Banking and Finance
Higher profits are driven by stable margins, effective cost management
28 July 2021 09:48 AM Emirates NBD reports higher profits in H1-21
Dubai – Mubasher: The net profits attributable to the equity holders of Emirates NBD increased to AED 4.78 billion during the first half (H1) of 2021 from AED 4.087 billion in the year-ago period, as shown by the bank's consolidated interim …
Financial Results
Emirates NBD Bank no longer holds any shares in NGI
14 July 2021 00:45 PM Dubai Investments ups stake in NGI for AED 71m
Dubai - Mubasher: National General Insurance Co (NGI) witnessed a direct deal worth AED 71.067 million on the Dubai Financial Market (DFM). The transaction involved the trading of 22.778 million shares at a value of AED 3.12 apiece, the DFM said …
Mergers and Acquisitions
The bonds have returns of around 3.67%
4 July 2021 01:58 PM Emirates NBD completes pricing for Chinese renminbi-denominated bonds
Dubai – Mubasher: Emirates NBD has completed pricing for seven-year Chinese renminbi-denominated bonds valued at RMB 1.25 billion, CNBC Arabia reported. The bonds have returns of around 3.67%, as shown by a cited document. It is noteworthy to …
Banking and Finance
The perpetual bonds pay a coupon of 4.25%
9 June 2021 00:01 PM Emirates NBD lists $750m bonds on Nasdaq Dubai
Dubai – Mubasher: Nasdaq Dubai has welcomed the listing of $750 million additional Tier 1 Capital bonds by Emirates NBD, marking the second listings of bonds from the bank in 2021. The perpetual bonds pay a coupon of 4.25%, which is the lowest …
Bonds
Final price guidance was tightened to between 4.25% and 4.375%
20 May 2021 01:14 PM Emirates NBD expected to sell $750m in AT1 bonds
Dubai – Mubasher: Emirates NBD is forecast to issue up to $750 million Additional Tier 1 bonds, non-callable for six years, according to Reuters citing a document issued by one of the banks arranging the deal.  The bank has received more than $1.6 …
Bonds
The hired banks include Emirates NBD Capital and FAB
18 May 2021 10:00 AM Emirates NBD hires banks for US dollar AT1 bond issuance
Dubai – Mubasher: Emirates NBD has hired banks to arrange for the issuance of US dollar-denominated Additional Tier 1 bonds, non-callable for six years, Reuters reported. The hired banks comprise Emirates NBD Capital, First Abu Dhabi Bank (FAB), …
Banking and Finance
Emirates NBD Capital has raised $18 billion through these transactions
26 April 2021 00:13 PM Emirates NBD Capital leads 24 debt capital transactions in Q1-21
Dubai – Mubasher: The debt capital market team of Emirates NBD Capital, the investment banking arm of Emirates NBD, has recorded 24 transactions during the first quarter (Q1) of 2021, witnessing its strongest quarter in the debt capital markets. …
Banking and Finance
The transaction is valued at AED 3.27 per share
21 April 2021 11:26 AM Dubai Investments acquires 21.5% stake in National General Insurance
Dubai – Mubasher: Dubai Investments has purchased 32.3 million shares in National General Insurance Company (NGI) from Emirates NBD. The transaction, valued at AED 3.27 per share, represents 21.53% of NGI's share capital, according to a bourse …
Companies Investments
The bank's earnings per share settled at AED 0.34
20 April 2021 10:10 AM Emirates NBD reports higher profits amid improving economic conditions
Dubai – Mubasher: The net profits attributable to the equity holders of Emirates NBD increased to AED 2.321 billion in the first three months of the year from AED 2.079 billion in the year-ago period, according to the consolidated interim …
Banking and Finance
The partnership is in line with the bank's digital strategy
13 April 2021 00:47 PM Emirates NBD’s E20. partners with fintech platform to offer SMEs innovative solutions
Dubai – Mubasher: Emirates NBD has entered into a partnership to integrate the fintech platform MoniMove, owned by DIFC-based Credit Fintech, with the bank's E20., a digital business initiative targeting entrepreneurs, startups, small and …
Banking and Finance
The transaction is subject to regulatory approval by the CBUAE
7 April 2021 03:38 PM Emirates NBD signs agreement to sell controlling interest in Dubai Bank
Dubai – Mubasher: Emirates NBD has inked an agreement to sell a controlling interest in Dubai Bank to Eradah Capital. Expected to be completed during 2021, the transaction is subject to regulatory approval by the Central Bank of the UAE (CBUAE), …
Banking and Finance
The facility was launched at an initial size of $1bn
6 April 2021 04:42 PM Emirates NBD closes $1.75bn loan facility
Dubai – Mubasher: Emirates NBD successfully closed on 23 March a three-year loan facility worth $1.75 billion, according to the bank's disclosure to the Dubai Financial Market (DFM) on Tuesday. The facility pays a margin of 55 basis points, …
Banking and Finance
Around 20 banks are participating in the loan
30 March 2021 03:59 PM Emirates NBD to secure Gulf region's first sustainability-linked loan
Dubai – Mubasher: Emirates NBD is securing about $1.75 billion in the Gulf region's first sustainability-linked loan to fund existing debt, sources told Bloomberg. With an existing three-year facility at an all-inclusive cost of 97.5 basis points …
Banking and Finance