BankingEmirates NBD in talks to acquire Blom Bank EgyptPritam BordoloiAugust 13, 2020 by Pritam BordoloiAugust 13, 2020Emirates 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, 2020The 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, 2020The 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, 2020The 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, 2020These 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, 2020The 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, 2020DIB 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, 2020ENBD is the first UAE bank to team up with RERA after the new law in September 2019...Read more
BankingEmirates NBD to raise Dh6.45 bn from rights issuePritam BordoloiOctober 18, 2019 by Pritam BordoloiOctober 18, 2019The bank plans to expand abroad and attract more foreign investments...Read more
BankingEmirates NBD’s Network stake sale to boost profitsInternational Finance DeskSeptember 12, 2019November 4, 2019 by International Finance DeskSeptember 12, 2019November 4, 2019The bank will sell an additional 10.5 percent stake in Network International...Read more