Banking FeaturedEmirates NBD Egypt Wins the “Fastest Growing Corporate Bank in Egypt” Award for 2021WebAdminJanuary 25, 2022 by WebAdminJanuary 25, 2022 The bank secured EGP 2.54 bn loans to finance the construction of the new ‘ZED’ project in Sheikh Zayed... Read more
Featured Islamic FinanceOil behemoth Aramco begins Islamic bond saleWebAdminJune 8, 2021 by WebAdminJune 8, 2021 The sukuk sale, which began on June 7th, is expected to conclude on June 17th... Read more
BankingEmirates NBD in talks to acquire Blom Bank EgyptPritam BordoloiAugust 13, 2020 by Pritam BordoloiAugust 13, 2020 Emirates NBD confirmed about preliminary talks between both parties through a bourse filing... Read more
Featured TechnologyDubai Economy and Emirates NBD to launch KYC blockchain platformPritam BordoloiJuly 29, 2020 by Pritam BordoloiJuly 29, 2020 The platform will facilitate secure digital customer onboarding and also instant bank account functionality... Read more
Banking FeaturedBank of America acquires 1.51% stake in Emirates NBDPritam BordoloiJune 10, 2020 by Pritam BordoloiJune 10, 2020 The deal is expected to cost around Dh900 mn... Read more
Banking FeaturedEmirates NBD leverages LiquidX platform to focus on core marketsInternational FinanceMarch 10, 2020March 18, 2020 by International FinanceMarch 10, 2020March 18, 2020 The partnership will enable LiquidX to expand its presence into the Middle East... Read more
Banking FeaturedEmirates NBD reduces transaction fees in line with the UAE’s coronavirus initiativesInternational FinanceMarch 5, 2020March 18, 2020 by International FinanceMarch 5, 2020March 18, 2020 These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic... Read more
Featured Islamic BankingDubai Islamic Bank to increase foreign ownership limit from 25% to 40%Pritam BordoloiFebruary 15, 2020February 14, 2020 by Pritam BordoloiFebruary 15, 2020February 14, 2020 The bank’s board of directors at Dubai Islamic Bank suggested the FOL changes... Read more
Banking FeaturedDIB becomes world’s largest Islamic bank with Noor Bank acquisitionInternational FinanceJanuary 23, 2020March 18, 2020 by International FinanceJanuary 23, 2020March 18, 2020 DIB will have total assets worth Dh275 billion, making it the fourth largest bank in the UAE... Read more
Banking FeaturedEmirates NBD inks deal with DLD to offer trust account servicesInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 ENBD is the first UAE bank to team up with RERA after the new law in September 2019... Read more