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Emirates NBD completes customer migration to 'Smart Pass'

Emirates NBD completes customer migration to ‘Smart Pass’

(WAM) -- Emirates NBD has completed successful migration of its customer base to the Smart Pass service to support safer digital transactions. The roll out...
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Emirates NBD rings market-opening bell to celebrate listing of $750 million bond on Nasdaq Dubai

Emirates NBD rings market-opening bell to celebrate listing of $750 million bond on Nasdaq...

(WAM) -- Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, today rang the market-opening bell at Nasdaq Dubai to celebrate...
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Dubai Banks Buy Park Operator’s Debt as Meraas Plans Revamp

Dubai Banks Buy Park Operator’s Debt as Meraas Plans Revamp

(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...
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Central bank, job cuts

UAE’s Central Bank Monitoring Job Cuts In Financial Sector

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...
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Emirates NBD; bonds; UAE

Dubai’s Emirates NBD Releases 10-year Kangaroo Bonds

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...
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Emirates NBD; gulf bank mergers; uae bank

Emirates NBD Goes After Debt-Laden Al Jaber’s Land in Finance Hub

(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...
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Emirates NBD; gulf bank mergers; uae bank

Emirates NBD raises AED 6.45 billion in rights issue oversubscribed 2.8 times

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...
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Emirates NBD CFO to leave

StanChart Banker and Looking for a Job? Try Dubai’s Biggest Bank

(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...
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Emirates NBD; gulf bank mergers; uae bank

Emirates NBD posts 63% jump in 9-month net profit, appoints new CFO

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...
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Emirates NBD; gulf bank mergers; uae bank

Dubai’s Biggest Bank Emirates NBD Plans $1.76 Billion Rights Share Sale

(Bloomberg) --Dubai’s biggest bank is seeking to raise 6.45 billion dirhams ($1.76 billion) from a rights share offering as it expands abroad and courts...
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